Planet Fitess/Goodwill

2282 N Ash Street Spokane, WA 97214

Spokane
FOR SALE
Property Type:
Free Standing Building
Amount:
$7,500,000
Last Verified:
Sep 25, 2023

Highlights

  • High Visibility and Accessibility: The retail center’s strategic location provides high visibility from major thoroughfares and easy accessibility, attracting both local residents and passersby.
  • Strong Tenant Mix: The combination of Planet Fitness and Goodwill creates a dynamic tenant mix that caters to a diverse audience, increasing overall customer engagement and retention.
  • Established Brand Identity: Both Planet Fitness and Goodwill are nationally recognized brands, attracting loyal patrons who trust the quality and offerings of these tenants.
  • Stable Foot Traffic: The presence of Planet Fitness and Goodwill ensures consistent foot traffic throughout the day, benefiting all tenants within the retail center.
  • Ample Parking: The retail center offers ample parking spaces, making it convenient for visitors to access the property.
  • Resilience to E-commerce Disruption

Description

Welcome to an investment opportunity that captures the essence of growth, stability, and community engagement. Nestled in the heart of North Spokane, this two-tenant retail center presents a compelling proposition for astute investors seeking a strategic foothold in a thriving and promising location.

Situated at the crossroads of convenience and potential, this retail center enjoys unparalleled visibility and accessibility. Its strategic placement in North Spokane positions it as a pivotal destination for both residents and commuters, offering a gateway to urban amenities and a vibrant community. Boasting two powerhouse tenants, Planet Fitness and Goodwill, this retail center presents a harmonious blend of attractions. Planet Fitness, a leading fitness franchise, draws health-conscious individuals seeking an affordable and judgment-free workout experience. Goodwill, a nonprofit icon, attracts budget-savvy shoppers with its array of quality thrift goods. The synergy between these tenants creates a dynamic atmosphere that thrives on diverse foot traffic and fosters sustained patronage.

Investors will appreciate the inherent resilience of this property. Both Planet Fitness and Goodwill are well-positioned to weather the storms of economic uncertainty and digital disruption. Their services offer tangible experiences that online platforms cannot replicate, ensuring a continuous flow of customers seeking personal connections and meaningful interactions. Beyond its commercial appeal, this retail center seamlessly integrates into the fabric of the community. Goodwill’s mission-driven approach resonates with socially conscious consumers, enhancing its reputation as a community pillar. As residents visit for fitness or thrift finds, they become part of a larger narrative of growth and shared values. Investing in North Spokane means embracing a future of growth and potential. With urban development expanding, property values appreciating, and a diverse economic landscape, this location offers a canvas of opportunity waiting to be painted.

Are you ready to secure a stake in a thriving community, anchored by respected brands and positioned for success? This two-tenant retail center in North Spokane invites you to join the journey toward prosperous investment. Embrace the promise of stability, diversity, and growth—welcome to your next venture!

Located on Ash Street in West Spokane


Year Built: 1980
Building Size: 42399sq ft
Lot Size: 2.75 acres

Map of 2282 N Ash Street, Spokane, WA, 97214

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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.