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Boston's Restaurant & Sports Bar - Availability Details

14004 E Indiana Ave, Spokane Valley, WA 99216

  • For Sale $1,500,000
  • Property Type Retail - Restaurant
  • Property Size 5,924 Sqft
  • Lot Size 0.15 Acre
  • Year Built 2000
  • Date Updated Sep 10, 2021
SULLIVAN PARK CENTER PTN OF TR "D" AND PARCEL 1 OF BSP 86-48 "SPOKANE VALLEY MALL" AUDITOR'S FILE # 9604090367 BK 1 PG 86&87 DAF
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Location

  • City Spokane Valley, WA
  • Neighborhood Mirabeau Park
  • Zip Code 99216
  • Market Spokane

Contacts

broker

Guy Byrd

SVN | Cornerstone

(509) 953-5109

Highlights

  • Seller owns the building and all site improvements
  • Seller will commit to ten (10) year NNN Lease
  • Sale/Leaseback rate of $10,000/MO/NNN with 8% ROI
  • Pad is leased from Brookfield Properties Retail (configuration of pad size and location to be verified during feasibility)
  • Current pad lease term date: 9/10/2031 (with three (3), five (5) year options to renew)
  • Current pad lease rate: $7,420.33/MO/NNN (though 9/30/2021)
  • Pad lease rate 10/1/2021-9/30/2031: $8,236.50/MO/NNN
  • Fully equipped restaurant with full bar and seating for 210 patrons
  • Outside patio seats 40±
  • Traffic counts adjacent to property on Evergreen Rd & E Indiana Ave: 28,500 ADT
  • Just Off I-90: 94,000 ADT

Frequently Asked Questions

What year was Boston's Restaurant & Sports Bar built and finished?

Boston's Restaurant & Sports Bar was completed in 2000.

Attachments

Contact Listing Broker

broker

Guy Byrd

SVN | Cornerstone

(509) 953-5109

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