Starbucks NNN Investment - 10919 N. Newport Hwy Spokane
Starbucks NNN Single Tenant Retail | 7.00% CAP | 2,011 SqFt
Marketing description
Pinewater Plaza Starbucks at 10919 N Newport Hwy, Spokane, WA 99218 offers an exceptional opportunity to acquire a high-visibility, single-tenant net leased investment in one of Spokane’s active commercial corridors in Spokane County, outside of the City of Spokane. This modern ±2,011 SF Starbucks was constructed in 2018 and features a dedicated drive-thru, providing strong consumer convenience and steady traffic generation.
Situated on approximately ±0.62 acres and zoned GC (General Commercial), the property benefits from outstanding exposure along Newport Highway with traffic counts of approximately 25,000 vehicles per day. Its strategic location within Pinewater Plaza places it near major regional retailers, enhancing customer draw and long-term site appeal.
Offered at a 7.0% cap rate, this NNN investment combines the strength of an internationally recognized tenant with a newer construction asset designed for operational efficiency and minimal landlord responsibilities. For investors seeking stable cash flow, prime corridor visibility, and the security of a marquee coffee brand, this offering presents a compelling addition to any net lease portfolio.
Investment highlights
- Single Tenant Starbucks with a dedicated drive-thru
- 7.0% Cap Rate
- Building Size: ± 2,011 SF
- Constructed in 2018
- Lot Size: ± 0.62 AC
- Zoning: GC (General Commercial)
- Traffic count: ± 25,000 VPD
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