3121-3125 E Francis Ave - Freestanding FOR SALE


Spokane, WA 99208
$4,400,000 USD
509-570-7447
3121-3125 E Francis Ave, Spokane, WA for Sale
$4,400,000 USD
Freestanding - FOR SALE
1/4
null | 4.3% Cap Rate

3121-3125 E Francis Ave
Spokane, WA 99208


HIGHLIGHTS

  • Strategically located at the signalized intersection of Francis Avenue and Market Street, which have a combined average daily traffic count of 43,000.
  • 12,780-square foot shopping strip anchored by O'Reilly Auto Parts on a 1.06-acre lot.

OVERVIEW

• 12,780-SF retail shopping strip + 1.87 acres of additional developable land • Cash flowing asset with leasing and development upside • Strategic location near signalized intersection of main arterials • High traffic counts | 24,400 ADT on Francis Ave; 18,600 ADT on Market St • Pylon signage with excellent visibility in both directions • Densely populated area | 1-mile total population of 8,473 | 3-mile total population of 75,791 | 5-mile total population of 194,311

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

4.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

O'Reilly Anchored Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

2.93 AC

LAND SF

127,631 SF

ZONING

CC, NC

APN/PARCEL ID

36273.1413,36273.1414,36273.1423

ASK ABOUT THIS PROPERTY

Maxwell McDonaldMarcus & MillichapMore Info
509-570-7447

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Maxwell McDonaldMarcus & MillichapMore Info
509-570-7447

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.