7202 E Sprague Ave - Freestanding FOR SALE
Spokane, WA 99212 |
$850,000 USD
509-321-2000
7202 E Sprague Ave
Spokane, WA 99212
HIGHLIGHTS
- Single Tenant lease with National Tenant - Enterprise Rent-A-Car
- Property is comprised of a car rental facility with attached carwash
- Current lease runs through 1/31/2027, with 2% annual escalations & 2 additional 5 year options. Enterprise has been at this location since 2012.
- Located in a high traffic volume area that is experiencing rapid population
- Average Daily Travel - E Appleway Blvd: 16,012; E Sprague Ave: 19,671
FOR SALE DETAILS
PRICE
$850,000 USD
PRICE/SF
$621 USD /SF
CAP RATE
6.16%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Dealership
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1954
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.85 AC
LAND SF
36,920 SF
ZONING
RC
APN/PARCEL ID
35241.9003
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509-321-2000
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509-321-2000
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