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Mullan Shopping Center

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Mullan Shopping Center

1300 1312 N Mullan Rd, Spokane, WA 99206
Retail,Office For Sale Available Built 1985 1 floors Zoning: CMU
Asking Price
$2,400,000
Total Building13,419 SF
Available13,419 SF avail
Land42,689 SF land
Parking Total56
& Uncov.
ConstructionConcrete
MarketSpokane Valley
CountySpokane

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Overview

Property ID
121235
Listing ID
709155
Type
Retail
Asset Class
Retail,Office
Zoning
CMU

Description

Strong NNN investment opportunity located along the highly trafficked N. Mullan Corridor in the heart of Spokane Valley. Positioned just one block south of the I-90 Argonne Exit, this property offers exceptional visibility, convenient ingress/egress, and outstanding regional access. The 13,419 SFT freestanding retail strip center is offered at $2,400,000 ($178.85/SFT) at a 7% cap rate. The property is 100% occupied with seven tenants (10 total units), providing stable income with primarily NNN leases (one MG lease). Situated on 0.98 acres, the concrete-constructed building (1985) includes 52 parking stalls and features a multi-tenant pylon sign along Argonne for strong street exposure. The building has been well maintained with a newer roof and fresh exterior paint. Surrounded by

Listing Courtesy of:

SD
Steven Daines
Daines Capital
3029 E Boone Ave,
Spokane, WA 99202
State: WA City: Spokane ZIP: 99206 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.