7611 N Division St | Spokane, WA 99208
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7611 N Division St
Spokane, WA 99208
Texas Roadhouse · Retail Property For Sale
Investment Highlights
- 14+ years remaining on original 15 year term.
- Corporate guarantee by Texas Roadhouse, Inc. (NASDAQ:TXRH).
- Outparcel to national furniture store, At Home, that recently opened in 2019.
- Absolute NNN ground lease with no Landlord responsibilities.
- 10% rental increases every 5 years - yield increases 100+ basis points during primary term.
- Located on a dense retail corridor with a strong mix of national Tenants and over 42,000 vehicles per day.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,163 SF
Year Built
2019
Building Height
1 Story
Building FAR
0.10
Lot Size
1.70 AC
Zoning
GC
PROPERTY TAXES
| Parcel Number | 36301.1304 | Improvements Assessment | $1,646,600 |
| Land Assessment | $1,189,150 | Total Assessment | $2,835,750 |
PROPERTY TAXES
Parcel Number
36301.1304
Land Assessment
$1,189,150
Improvements Assessment
$1,646,600
Total Assessment
$2,835,750
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