From Nearly Two Years on the Market to Under Contract
How Partnering with Other Brokers Can be Beneficial
1300-1312 N. Mullan Rd. Spokane Valley, WA
Multi-Tenant Strip Shopping Center Investment
Total SFT: 13,419 SFT Land Size: 0.98 Acres
In commercial real estate, every property has a story. Sometimes, success happens quickly. Other times, it takes patience, persistence, and the right strategy to bring the right buyer to the table. We're excited to share that our retail shopping center listing is officially under contract after months of marketing, negotiations, and conversations with prospective buyers. What makes this transaction especially meaningful is the property's history.
Before coming to Daines Capital, the shopping center had been listed with another brokerage and remained on the market for nearly two years without a successful sale. The listing broker eventually reached out to us in hopes of partnering together to help get the property sold. When we took on the assignment, we knew finding the right buyer wouldn't happen overnight. While there was no shortage of interest, commercial investment properties often require the perfect combination of timing, financial objectives, and buyer confidence. Over the course of the marketing campaign, we spoke with numerous investors, answered countless questions, reviewed financials, and navigated multiple expressions of interest that ultimately didn't materialize into a transaction. Rather than becoming discouraged, we remained committed to the process.
Through targeted marketing, proactive outreach, and consistent follow-up with qualified investors, we continued to keep the property in front of the right audience. We leveraged our network, maintained visibility in the market, and stayed focused on identifying a buyer whose investment goals aligned with the opportunity. Eventually, that persistence paid off. After months of conversations and relationship-building, we secured a qualified buyer and successfully placed the property under contract.
This transaction serves as a reminder that commercial real estate is often about much more than simply putting a property on the market. Success requires strategy, market knowledge, creativity, and the willingness to stay the course even when results don't happen immediately. We're grateful to the ownership group for trusting us with the assignment, and we're honored that another broker saw value in partnering with our team to help achieve a successful outcome.
While every transaction is unique, this deal reinforces a lesson we see time and time again: the right buyer is out there—it often just takes the right marketing, the right relationships, and the right timing to find them. As we move toward closing, we're excited to help both parties reach the finish line and look forward to sharing more success stories in the future.
If you're considering selling an investment property and would like to discuss your options, our team would be happy to help. At Daines Capital, we're committed to creating opportunities, solving challenges, and delivering results for our clients.