Property Details

1003 E 3rd Ave

Spokane, WA 99202

$3,800,000

Available

CBA# 711101 courtesy of CBA Listing firm: Linc Properties

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 1003 E 3rd Ave, Spokane, MLS# 711101

Office / Retail

Property Type

22,750

Bldg Sq Ft

6.00%

Cap Rate

1990

Year Built

Property Overview

We are pleased to present the opportunity to acquire a passive, single-tenant net-leased investment property leased to Office Depot in Spokane, Washington. The offering is secured by a newly executed corporately guaranteed 10-year lease extension completed in March 2026, providing long-term contractual cash flow under a triple-net (NNN) structure with minimal landlord obligations.The property has supported continuous Office Depot operations since 1990, representing more than 34 years of established and successful operating history at this location. The long tenure, combined with the recent lease extension, reflects the tenant’s continued commitment to the site and its ongoing operational suitability as Office Depot continues their retail and service model evolution. The brand-new lease e