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T-Mobile & Sleep Number Retail

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T-Mobile & Sleep Number Retail

5903 N Division St, Spokane, WA 99208
Retail For Sale Available Built 2013 1 floors Zoning: GC
Asking Price
$2,480,000
Total Building4,802 SF
Land30,492 SF land
ConstructionMasonry
MarketNorth Spokane City
CountySpokane

Read Overview
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Overview

Property ID
218791
Listing ID
710802
Type
Retail
Asset Class
Retail
Zoning
GC

Description

We are pleased to present T-Mobile and Sleep Number, a 100% leased, two-tenant NNN retail investment totaling 4,802 SF and located along one of Spokane’s most heavily trafficked commercial corridors. The freestanding property offers strong Division Street visibility, modern systems, and ample surface parking, resulting in a passive ownership profile with minimal landlord responsibilities.The asset is comprised of two credit tenants, Sleep Number and T-Mobile, both operating under triple-net lease structures with annual rent increases. Sleep Number has recently executed a six-year lease extension, enhancing income durability and contributing to a weighted average lease term of approximately 4.6 years. Positioned along US-395/Division Street, Spokane’s primary north–south arterial, the pro

Listing Courtesy of:

RV
Raymond Vara
Northmarq Commercial, LLC
130 Nickerson Street, Ste 211,
Seattle, WA 98109
State: WA City: Spokane ZIP: 99208 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.