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103 E Lincoln Rd Local commercial 466 m² 100 % Loué À vendre Spokane, WA 99208 1 377 696 € (2 957,60 €/m²) Taux de capitalisation 6,47 %

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Résumé analytique

This offering presents the opportunity to acquire a long-term, triple-net leased auto service property secured by Wilde Automotive Repair, featuring 18 years of firm lease term remaining with 15% rental increases every five years. The tenant operates from a recently renovated 5,014 SF facility (2025 capital improvements including new roof, drains, and drywells), minimizing near-term capital expenditure risk. Positioned just off the signalized corner of E Lincoln Rd and N Division St—one of Spokane’s primary retail corridors with over 43,552 vehicles per day—the asset benefits from exceptional visibility within a dominant national retail trade area shadow anchored by major big-box and lifestyle tenants. Supported by strong surrounding demographics, dense residential rooftops, and long-term lease structure, this property offers investors durable cash flow, attractive built-in income growth, and stable intrinsic real estate value in an established infill market.