Commons on Regal Retail

5415 South Regal Street Spokane, WA 99223

5415 South Regal Street, Spokane, WA, 99223
5415 South Regal Street, Spokane, WA, 99223 5415 South Regal Street, Spokane, WA, 99223 5415 South Regal Street, Spokane, WA, 99223 5415 South Regal Street, Spokane, WA, 99223 5415 South Regal Street, Spokane, WA, 99223
FOR LEASE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Last Verified:
Jun 30, 2017

Highlights

  • New Lifestyle Center Development
  • Spokane's Fastest Growing Retail Corridor and Strongest Demographic
  • Anchor, Inline, Free Standing and Pads now Pre-Leasing
  • 67 high end large lot homes being developed nearby with a value over $40 million dollars

Description

$25.00 to $35.00/SF/YR/Triple Net (NNN) Lease

New Retail Development
8.73 Acres, 660' of frontage on Regal
Lighted Intersection at 53rd & Regal with 26,000 cars per day
70,000-75,000 SF of Retail Pads/Buildings, Free Standing & Strip Retail
Proposed Anchors - Grocer, Drug Store, Hardware Store
Other Proposed Tenants - Restaurants, Banks, Coffee, Office, Fitness Studio's, High End Clothing
12 Apartment communities within a quarter mile
67 high end large lot homes being developed nearby with a value over $40 million dollars
Across the street from a MUV Fitness with 3,500 members
Half a block from a Gold's Gym with 2,000 members


Year Built: 2016
Building Size: 30000.0sq ft
Lot Size: 8.73 acres

Units for Lease

5415 S Regal Road
Lease Type: NNN
Price Per Sqft/Year: $25.0

Additional URLs

Map of 5415 South Regal Street, Spokane, WA, 99223

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.