8702 Division StSpokane, WA 99218

Property Details for 8702 Division St

Year built

2006

Lot size

0.96 AC

Property size (Sq ft)

10,570 SF

Property type

Retail space

APN

36202.0017

APU

362020017

Description

This exceptional retail property, located at 8702 N Division St in Spokane, Washington, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The single-story building encompasses a total of 10,570 square feet, divided into three suites. Currently, one suite of approximately 1,500 square feet is available for lease. The property boasts ample parking with 53 stalls, ensuring convenient access for customers and employees. Situated at a lighted intersection of Division and Magnesium, this location benefits from excellent visibility and exposure to a high volume of traffic. The property is zoned for General Commercial use, providing flexibility for a variety of retail businesses. The building's address is 8702 N Division St, Spokane, WA 99218, and its APN is 36202.0017. The asking rental rate is $20.00 per square foot, with an estimated NNN expense of $7.20 per square foot. This presents a compelling opportunity to establish or expand a retail presence in a thriving Spokane County location. Don't miss this chance to secure a highly visible and accessible retail space in a busy commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,542,091

  6.5%

  $2,346,546

  7%

  $2,178,935

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,679,147

  Geo Method

  $5,679,147

• Alternative Use

  Use

  Valuation

  Residential

  $1,979,399

  Hospitality

  $1,813,119

  Educational

  $1,508,494

  Medical

  $1,560,373

  Retail

  $2,346,546

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.737

Longitude

-117.411

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].