Deer Heights | 9226 West US 2
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Deer Heights 9226 West US 2
5,325 SF 66% Leased Retail Building Spokane, WA 99224 £4,100,318 (£770/SF) 5% Net Initial Yield
INVESTMENT HIGHLIGHTS
- pickup window
- Located at the intersection of W 12th Ave and Highway 2 with over 31,000 VPD
- Monument Sign
- Surrounding businesses including Walmart, Hilton Garden Inn, Jersey Mike’s Subs, Dollar Tree and much more
EXECUTIVE SUMMARY
MAJ Commercial Real Estate is excited to present the opportunity to
acquire a Multi-Tenant NNN Leased Investment located in Spokane,
Washington. This prime property features a Chipotle with the new
prototype design that consists of a pickup window “Chipotlane” for
customers with meals preordered in the Chipotle mobile-app. The
property also features a Wingstop, on a newly commenced ten-year
lease. Positioned on a +/- 1.51-acre lot and featuring a Monument
Sign, this site is ideally located at the intersection of W 12th Ave and
Highway 2 with over 31,000 VPD (Vehicles Per Day) on Hwy 2. The
site is situated on North 40 Pad Site with some of the surrounding
businesses including Walmart, Hilton Garden Inn, Jersey Mike’s
Subs, Dollar Tree and much more
acquire a Multi-Tenant NNN Leased Investment located in Spokane,
Washington. This prime property features a Chipotle with the new
prototype design that consists of a pickup window “Chipotlane” for
customers with meals preordered in the Chipotle mobile-app. The
property also features a Wingstop, on a newly commenced ten-year
lease. Positioned on a +/- 1.51-acre lot and featuring a Monument
Sign, this site is ideally located at the intersection of W 12th Ave and
Highway 2 with over 31,000 VPD (Vehicles Per Day) on Hwy 2. The
site is situated on North 40 Pad Site with some of the surrounding
businesses including Walmart, Hilton Garden Inn, Jersey Mike’s
Subs, Dollar Tree and much more
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
5,325 SF
Building Class
B
Year Built
2022
Price
£4,100,318
Price Per SF
£770
Net Initial Yield
5%
NOI
£205,016
Percent Leased
66%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.08
Lot Size
1.52 AC
Parking
49 Spaces
Frontage
161 ft on West Sunset Highway
AMENITIES
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Chipotle
- Accommodation and Food Services
- 2,325 SF
- £49.59
- NNN
- -
- Wingstop
- Accommodation and Food Services
- 1,200 SF
- £29.43
- NNN
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Chipotle | Accommodation and Food Services | 2,325 SF | £49.59 | NNN | - | |
| Wingstop | Accommodation and Food Services | 1,200 SF | £29.43 | NNN | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,800 SF | Retail | - | Now |
1st Floor
| Size |
| 1,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 1,800 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 25194.9067 | Improvements Assessment | £0 |
| Land Assessment | £787,665 | Total Assessment | £787,665 |
PROPERTY TAXES
Parcel Number
25194.9067
Land Assessment
£787,665
Improvements Assessment
£0
Total Assessment
£787,665
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Deer Heights | 9226 West US 2
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