Map of Property

5 Mile Shopping Center

For Sale

1628 - 1902 W Francis Ave, Spokane, WA 99205

This Spokane property for sale is located at 1628 - 1902 W Francis Ave. The current listed sale price for 5 Mile Shopping Center is $35,000,000. 5 Mile Shopping Center is situated on a lot that is 14.12 acre in size.

Contacts

Casey T. Brazil

Kiemle Hagood

Richard Fox

Kiemle Hagood

Property Details

  • Property Type Retail
  • Property Size 163,161 SF
  • Lot Size 14.12 Acre
  • Cap Rate % 6.63
  • Parking Spaces Avail. 684
  • Parking Ratio 4.19 / 1,000 SF
  • Date Updated May 22, 2026

 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 income, and enduring market strength.

*For Full Offering Memorandum including rent roll and financial information, click the link on Flyer or Contact Listing Broker(s)*

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Reach out to the broker for more info on lease terms and amenities

Getting around

  • 71/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 52/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Spokane, WA
  • Neighborhood Balboa - South Indian Trail
  • Zip Code 99205
  • Market Spokane

Points of Interest

  • Cenex

    0.22 miles

  • Safeway

    0.51 miles

  • Conoco

    0.51 miles

  • ChargePoint

    1.15 miles

  • Safeway Fuel Station

    1.19 miles

  • Maverik

    1.19 miles

  • Chevron

    1.22 miles

  • Texaco

    1.24 miles

  • nom nom

    1.51 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    5.79 miles

  • Five Mile Park and RIde

    0.13 miles

  • NorthTown Mall Parking

    1.57 miles

  • X2

    2.51 miles

  • X3

    2.51 miles

  • X1

    2.52 miles

  • X4

    2.52 miles

  • A3

    2.54 miles

  • A1

    2.55 miles

  • Boone Avenue Retail Center (BARC)

    3.77 miles

  • Zip's

    0.02 miles

  • Chipotle

    0.05 miles

  • Burger King

    0.11 miles

  • Subway

    0.14 miles

  • Das Stein Haus

    0.14 miles

  • Taco Time

    0.15 miles

  • Round Table Pizza

    0.18 miles

  • Aloha Island Grill

    0.29 miles

  • The Swinging Doors

    0.44 miles

  • McDonald's

    0.47 miles

  • Rosauers

    0.08 miles

  • Safeway

    0.53 miles

  • Grocery & Snacks

    1.00 miles

  • Spokane Discount

    1.15 miles

  • Yoke's Fresh Market

    1.20 miles

  • Walmart

    1.22 miles

  • Burlington

    1.25 miles

  • De Leon Foods

    1.31 miles

  • Trader Joe's

    1.31 miles

  • Ross

    1.32 miles

Contact 5 Mile Shopping Center
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