5903 N Division St
Spokane WA 99208

T-Mobile & Sleep Number Retail

5903 N Division St Spokane WA 99208

Listing #: 710802 | Status: Available | Last Modified: 4/27/2026 |

For Sale
Raymond Vara
  • Phone:(206) 584-6195
  • Email:Rvara@northmarq.com
  • Office Name:Northmarq Commercial, LLC
  • Office Phone:(206) 693-2239
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,480,000.0
  • $/SF$ 516.5
  • Listing StatusAvailable
  • Days on Market34
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 7.22 %
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
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF4802
  • Net Rentable Area4692
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF30492
  • Acres0.7
Property Type
  • Property TypeRetail
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetCentral
  • Market AreaNorth Spokane City
  • Tax ID #36311.1606
  • Additional Parcels36311.1608, 36311.1609
  • ZoningGC
Construction
  • Year Built2013
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeMasonry

T-Mobile & Sleep Number

Public Comments

We are pleased to present T-Mobile and Sleep Number, a 100% leased, two-tenant NNN retail investment totaling 4,802 SF and located along one of Spokane’s most heavily trafficked commercial corridors. The freestanding property offers strong Division Street visibility, modern systems, and ample surface parking, resulting in a passive ownership profile with minimal landlord responsibilities. The asset is comprised of two credit tenants, Sleep Number and T-Mobile, both operating under triple-net lease structures with annual rent increases. Sleep Number has recently executed a six-year lease extension, enhancing income durability and contributing to a weighted average lease term of approximately 4.6 years. Positioned along US-395/Division Street, Spokane’s primary north–south arterial, the pro

Listing Images