NAI Black recently brokered the sale of the Opportunity Shopping Center at 12109 E Sprague in the Spokane Valley. The 69,400 square foot retail building is home to Grocery Outlet and Dollar Tree and has lease opportunities available.
The building sold for $5.3 million with agent Kaitlin Caudle representing the buyer, M3K LLC of Spokane Valley. Paul Sleeth and Billy Sleeth, both of Colliers International, represented the seller.
NAI Black also obtained the management account for the building. David Wright is the property manager. There are currently two spaces available for lease, for a combined total of approximately 15,000 square feet. For more information on leasing, please contact leasing broker Kaitlin Caudle at kcaudle@naiblack.com or 509-622-5310.
M3K LLC is owned by investor Fred Lopez, who owns several commercial properties and businesses in the Spokane area including Edmo Distributors, Inc., Spokane Fitness Center, and The Ref. Over the years, Kaitlin Caudle has worked closely with Fred Lopez to help him reach his investment goals. NAI Black wishes Fred Lopez the best of luck with his next endeavor, and we sincerely appreciate the opportunity to continue working with him.
We would also like to give a warm congrats to Kaitlin Caudle who made this deal happen. Kaitlin is a licensed commercial real estate broker who specializes in the leasing, sale, and development of retail investment properties. Kaitlin can be contacted at kcaudle@naiblack.com or 509-622-3510. Feel free to reach out to her and share your congratulations on a job well done!
NAI Black, licensed as Black Commercial, Inc., has a long-standing reputation as the largest commercial brokerage company in Spokane, Washington. If you are interested in learning more about our services, please contact our office at 509-623-1000 or visit our website.
