9219 E Sprague Ave, Spokane Valley, WA
Shopping Center for Sale - $3,850,000 - 12,940 Sq. Ft. on 2.05 acres
Property Info
| CIMLS# | 870428 |
| Location 9219 E Sprague Ave Spokane Valley WA 99206 | |
| Updated | August 5th, 2016 |
| Type | Shopping Center |
| Price | $3,850,000 |
| Building | 12,940 Sq. Ft. |
| Land | 2.05 acres |
Property Description
Multi-Tenant Retail Center
Convenient Store, Gas Station, Laundromat, Quick Lube, Subway and Doughnut Shop
7 Gas Pumps
2 Canopies
Location Description:
Located on a signaled intersection of Sprague Avenue and Argonne. Convenient to residential neighborhoods and commuting traffic.
Highlights:
>> Multi Tenant Retail Center
>> C Store Operator has leased this property for ten years and recently signed a new 10 year lease
>> New building exterior upgrade within the last 2 years
>> High Traffic and High Volume Anchor Tenant - C Store
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Financials
Sales Info:
>> Cap rate: 6.58%
>> Commision split: 2.5%
>> NOI: $253321