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Two Dominant Spokane MSA Anchor Boxes 3 Retail Properties in Multiple Locations
Investment Highlights
- FLEXIBLE BIG-BOX ASSETS
- VALUE-ADD OR OWNER/USER OPPORTUNITY
- STRONG MARKET & GROWTH FUNDAMENTALS
- BELOW REPLACEMENT COST BASIS
- DOMINANT REGIONAL DESTINATION
Executive Summary
Two former Sears anchor boxes located within Spokane Valley Mall and NorthTown Mall—two of the Spokane MSA’s most established retail destinations. Each asset delivers large-format scale, high visibility, parking infrastructure, and established co-tenancy, supporting multiple forward strategies: retail backfill, adaptive reuse, medical/education, service, or phased redevelopment.
Available individually or as a combined acquisition, the properties offer entry at a basis materially below replacement cost, with zoning and reciprocal easements that preserve access, parking, circulation, and site operations. These factors position the sites for a range of future use strategies.
Available individually or as a combined acquisition, the properties offer entry at a basis materially below replacement cost, with zoning and reciprocal easements that preserve access, parking, circulation, and site operations. These factors position the sites for a range of future use strategies.
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 314,632 SF |
| Number of Properties | 3 | Total Land Area | 10.99 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 314,632 SF |
| Total Land Area | 10.99 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4700 N Division St, Spokane, WA 99207 | Retail | 181,407 SF | 1991 | - |
| 14720 E Indiana Ave, Spokane, WA 99216 | Retail | 121,157 SF | 1997 | - |
| 14720 E Indiana Ave, Spokane Valley, WA 99216 | Retail | 12,068 SF | 1997 | - |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Two Dominant Spokane MSA Anchor Boxes
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