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12622 East Sprague Avenue
Spokane Valley, WA 99216
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail, 12622 E Sprague, Spokane Valley, WA <p></p><p></p><ul></ul><p></p><p></p><p></p><ul></ul><p></p><ul><li>Property Information</li><li>General Retail Property, current use restaurant</li><li>Bldg Lease Rate $5,500/Mo NNN</li><li>Plus Equip FF&E Lease $1,500/Mo</li><li>Total Lease $7,000/Mo NNN</li><li>(or) “Turn Key” Purchase $1.2M</li><li>Quiet Sale Listing please use discretion</li><li>Size: Combined total 4,491 SF</li><li>Main FL 3,625 SF</li><li>Upper Banquet 812 SF</li><li>Office 140 SF</li><li>Basement Storage 726
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
