North Division Retail (Status: Available)
7630, Division St, Spokane, WA 99208
Michaels Crafts occupies 28,000 square feet at the property, on an original 144-month net-lease. They executed early their 2nd lease renewal in 2013, which expires June 30, 2020. They have three, five-year lease renewals remaining that each include a $1/SF per year base rent increase.
Cash & Carry occupies 32,000 square feet on an original 120-month net-lease that expires
December 31, 2020. They have three, five-year, and one, four-year lease renewals available to
them with base rent increases equal to the change in the consumer price index over the previous
5-year period (capped at 10% each 5-year period).
Asset Class: Retail
Year Built: 1978
Building Total Square Feet: 68880
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information:
Listing Courtesy of: Marcus & Millichap, Inc.
Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. DBA North Sound Commercial and should be verified by the buyer.
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