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

Retail properties

Property subtype

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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