Retail    

La-Z-Boy

 Spokane, WA

Asking Price

$5,418,000

Cap Rate

7.00%

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Term Remaining

8 Years

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Site Acres

1.0 AC

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Total Building Area

18,060 SF

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Rent Increases

2% Annually

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Top 10% Store Nationwide & Strong Unit Level Sales
  • Strong Corporate Guaranty & 8 Years Remaining on Term
  • $1,000,000 Renovation Project in 2022
  • New Roof and HVAC Replacement in 2019
  • Strategically Located Near Spokane's Top Two Universities
  • High Growth Sub-Market / Dense Demographics
  • High Traffic Retail Location with Exceptional Visibility
  • Income Tax-Free State

Exclusively Listed By

Simon Lewis

Senior Investment Analyst
  slewis@northmarq.com      213.246.5124
CA LIC. #02078068

Anthony Cohen

Vice President
  acohen@northmarq.com      310.456.4853
CA LIC. #02097395

In Association With:

Kevin Adatto

WA Lic #21038208

 

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