1628 - 1902W Francis Ave
Spokane WA 99205

5 Mile Shopping Center

1628 - 1902W Francis Ave Spokane WA 99205

Listing #: 703087 | Status: Pending | Last Modified: 12/3/2025 |

For Sale
Casey Brazil
  • Phone:(509) 838-6541
  • Email:casey.brazil@khco.com
  • Office Name:Kiemle Hagood
  • Office Phone:(509) 783-7663
  • Office Website:
Richard Fox
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 35,000,000.0
  • $/SF$ 214.5
  • Listing StatusPending
  • Days on Market67
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.63 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings15
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF163161
  • Net Rentable Area163161
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF615111
  • Acres14.12
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetAsh
  • Market AreaNorth Spokane City
  • Tax ID #26254.0101
  • Additional Parcels26254.0116, 26254.0118, 26254.0126|2, 26254.0127, 26254.0128, 26254.0323, 26254.1502, 26254.1514, 26254.1515, 26254.1521, 26254.1522, 26254.1523
  • ZoningCommunity Business (CB-55)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces684
  • Total Parking Spots684
  • Parking Ratio4.18/1,000 SF
Construction
  • Year Built2008
  • Year Renovated1980
  • Completion Date
  • Roof Type
  • Construction Type

5 Mile Shopping Center

Public Comments

5 MILE SHOPPING CENTER As one of the region’s most established retail destinations, this grocery anchored, high-barrier to entry asset is comprised of 15 buildings with a total of ±163,161 improvement square feet. Possessing a vibrant mix of 34 tenants, including three ground lease parcels spanning ±82,370 square feet, this property combines long-standing stability with modern enhancements. 5 Mile Shopping Center offers broad appeal to both shoppers and tenants, benefiting from exceptional visibility, strong traffic counts, consistent occupancy, and ample onsite parking. Anchored by Rosauers and complemented by a diverse lineup of national and local retailers, this offering presents investors with a rare opportunity to acquire a high-performing asset featuring substantial frontage, proven

Search Tags

Restaurant, Street Retail, Strip Mall

Listing Images

Filter by Category

 | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 

Current Selections

Any Property Category

Clear All Selections