4750 Division StSpokane, WA 99207

Property Details for 4750 Division St

Year built

1991

Lot size

23.79 AC

Property size (Sq ft)

105,690 SF

Property type

Parking lots & garages

APN

36323.0033

APU

363230033

Description

Northtown Mall, located at 4750 N Division St, Spokane, WA 99207, presents a significant retail investment opportunity. This established shopping mall comprises four buildings totaling 925,797 square feet, spread across three stories. The property is zoned GC-70 and features 27 available spaces ranging in size from 363 square feet to 8,007 square feet, offering flexibility for a variety of retail tenants. The mall's diverse tenant mix currently includes dining, apparel, entertainment, and beauty businesses, creating a vibrant and attractive shopping destination. Ground level spaces range from approximately 846 to 6,700 square feet, while second-level spaces range from approximately 363 to 8,007 square feet. The property's location in Spokane County, with its APN numbers 36323.0032 & 36323.0033, provides excellent access to a substantial customer base. Rental rates and expense details (Modified Gross) are available upon request. This is an exceptional opportunity to secure prime retail space in a thriving Spokane location. Contact us to learn more about leasing opportunities at Northtown Mall.

• CAP approach

  CAP return

  Valuation

  6%

  $31,566,694

  6.5%

  $29,138,488

  7%

  $27,057,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $56,786,096

  Geo Method

  $56,786,096

• Alternative Use

  Use

  Valuation

  Residential

  $24,579,404

  Hospitality

  $22,514,602

  Educational

  $18,731,884

  Medical

  $19,376,104

  Retail

  $29,138,488

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.7028

Longitude

-117.409

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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