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33186157
32793500

10919 North Newport Highway, Spokane, WA 99218

JC
WA 23029124
NAI Black
CB
WA 17737, ID SP36552
NAI Black
Listed by NAI Black
$1,500,000
6 days on market
Updated 1 day ago

Starbucks NNN Investment - 10919 N. Newport Hwy Spokane

Details
Property Type Retail
Sub Type Coffee Shop
Square Footage 2,011
Cap Rate 7.00%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NNN
Year Built 2018
Acreage 0.620
Zoning GC (General Commercial)
Investment Type Net Lease
Ground Lease No

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

Listing Contacts

JC
WA 23029124
NAI Black
CB
WA 17737, ID SP36552
NAI Black
Listed by NAI Black

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Additional Information

Name
Jared Cozzetto
License
23029124
Brokerage
Black Commercial Inc
Brokerage Phone
5099936037
Title
Broker
Brokerage Address
801 West Riverside Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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