9926 W US 2 HWYSpokane, WA99224
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Property Description
Multi-Tenant NNN Leased Investment located in Spokane, Washington. This prime property features a Chipotle with the new prototype design that consists of a pickup window, Chipotlane, for customers with meals preordered in the Chipotle mobile-app. The property also features a Wingstop, on a newly commenced ten-year lease. Positioned on a +/- 1.51-acre lot and featuring a Monument Sign, this site is ideally located at the intersection of W 12th Ave and Highway 2 with over 31,000 VPD (Vehicles Per Day) on Hwy 2. The site is situated on North 40 Pad Site with some of the surrounding businesses including Walmart, Hilton Garden Inn, Jersey Mike?s Subs, Dollar Tree and much more. Income tax free state. Both Tenants pay a Monthly Management Fee totaling $385.00 per month, allowing the Buyer to have the property professionally managed at no additional cost. 1,800 SF vacant space for future retail. Potential gross income $257,787. 5% Cap.
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