14004 Indiana Ave Spokane Valley, WA 99216 – Boston’s Restaurant & Sports Bar

14004, Indiana Ave, Spokane Valley, WA  99216

For Sale

Type
For Sale / Retail

Boston’s Restaurant & Sports Bar (Status: Pending)

14004, Indiana Ave, Spokane Valley, WA  99216

Sale Leaseback with substantial Boston’s Restaurant & Sports Bar owner operator. Premier location on the corner of Evergreen Rd and E Indiana Ave at the Spokane Valley Mall.
-Seller owns the building and all site improvements
-Seller will commit to ten (10) year NNN Lease
-Leaseback rate of $10,000/MO/NNN with 8% ROI
-Pad is leased from Brookfield Properties Retail (configuration of pad size and location to be verified during feasibility)
-Current pad lease term date: 9/10/2031 (with three (3), five (5) year options to renew)
-Pad lease rate 10/1/2021-9/30/2031: $8,236.50/MO/NNN
-Fully equipped restaurant with full bar and seating for 210 patrons
-Outside patio seats 40±
-Traffic counts adjacent to property on Evergreen Rd & E Indiana Ave: 28,500 ADT
-Just Off I-90: 94,000 ADT

Listing Details

Asset Class: Retail
Year Built: 2000
Building Total Square Feet: 5924
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: SVN Cornerstone LLC

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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