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2020 N Monroe St
3,700 SF of Retail Space Available in Spokane, WA 99205
Highlights
- Prominent high traffic, pedestrian friendly North Monroe Street Frontage
- This property is a unique mix of retail and warehouse space for this area of Spokane
- Brand new, Class A apartments on South half of the block
- Breweries, restaurants, shops in the immediate area
- Ample onsite and street parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste B | 3,700 SF | 17’ | 5-20 Years | $21.50 /SF/YR $1.79 /SF/MO $231.42 /m²/YR $19.29 /m²/MO $6,629 /MO $79,550 /YR | Triple Net (NNN) |
1st Floor, Ste B
SUITE B - This is the premier commercial space at Millennium on Monroe. 17 foot windows facing Monroe Street, high ceilings, a patio, and completed bathrooms. Adjacent tenants are Uno Mas Tacos (under construction, eta October), and Indaba Coffee Roasters (open for business!), are looking for a 3rd tenant who would be complementary to the others. Private Parking lot and ample street parking onsite. The space is type A2 (restaurant retail) occupancy permitted, has approved plans in the City as a pizza restaurant that never was able to finish the job. More than $1 million in upgrades to the site have already been completed. Utilities, fire suppression, design, framing, plumbing, HVAC, and electrical for SUITE B is mostly complete. This space only needs someone to take the job across the finish line! BEST USE OF THIS SPACE: Pizza, restaurant, bakery, distillery, wine shop, brewery, tap room, etc. a) Suite B of approximately 2,700 sq ft interior space, and b) approximately 1,000 sq ft dedicated patio (x 5/12ths usage) = calculated as 417 sq ft for a total of 3,117 rentable sq ft.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Corner Space
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 17’
- Smoke Detector
- Wheelchair Accessible
- On North Monroe Street with HUGE windows
- Shaded Patio Space
- Permits approved for restaurant
- New Apartments, Indaba Cafe, and Uno Mas Tacos
- High ceilings
- Finish this space with your own finishes!
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 2020 N Monroe St, Spokane, WA 99205
- Tenant
- Description
- US Locations
- Reach
- Indaba
- Accommodation and Food Services
- 1
- -
- Uno Mas Tacos
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Indaba | Accommodation and Food Services | 1 | - |
| Uno Mas Tacos | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 2020 N Monroe St , Spokane, WA 99205
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.37/1,000 SF |
| Gross Leasable Area | 29,137 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 29,137 SF |
| Year Built | 1946 |
| Parking Ratio | 2.37/1,000 SF |
About the Property
Suite A has been leased to Indaba Coffee Roasters. Suite B facing Monroe Street( 2700SF of retail + 1000SF of patio) is PENDING. Suite C has been leased by Uno Mas Tacos. Suite D Warehouse Front has been leased to Indaba Coffee Roasters. Suite E (5100 SF of warehouse) - PENDING 46 class A apartments are fully leased next door. 43 additional apartments are scheduled to break ground on the SE corner Spring of 2025. Exciting opportunity for restaurant / retail to be a part of major Monroe development. Ideal tenant for retail is restaurant (pizza, winery, etc) would take a large portion of the space for restaurant, brewery to add to the appeal of this urban corridor! Almost 30,000 square feet across retail, office, garage and warehouse space (see site plan). 96 units of Class A apartments are planned next door. Prominent glass store frontage on busy newly revitalized North Monroe Street. Patio space engages the car dealership history of the site by leveraging roll up glass garage doors for that indoor/outdoor appeal. Quick access to public transportation, downtown Spokane, highways, Kendall Yards, and the Garland District. Will consider tenant improvement allowance Updates and upgrades to the building too numerous to list ONLY SUITE B is available - but this is the premier space in the building! Showings upon request
- Bus Line
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
-
James Gallina - Millennium Northwest
Presented by
Millennium Northwest
2020 N Monroe St
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