Single Tenant Industrial Building | 3820 E Main Ave
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Single Tenant Industrial Building 3820 E Main Ave
17,300 SF Industrial Building Spokane, WA 99202 $1,850,000 ($107/SF) 5.19% Cap Rate
Investment Highlights
- Gas-forced HVAC system
- Warehouse has a 20' clear height
- Tenant: ProSource of Spokane is part of the ProSource network with 145 locations that stretch across North America
- Three-phase electrical system
- The remaining lease term runs through October 31, 2027 with one ten (10) year option period
Executive Summary
This fully leased single-tenant building is located on the SE corner of Main Ave and Julia St In Spokane's central Industrial district. The subject property sits on a 0.89 Acre or 38,000 SF site.
Property Facts
Price | $1,850,000 | Lot Size | 0.89 AC |
Price Per SF | $107 | Rentable Building Area | 17,300 SF |
Sale Type | Investment NNN | No. Stories | 2 |
Cap Rate | 5.19% | Year Built | 1995 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse | Opportunity Zone |
Yes
|
Building Class | B |
Price | $1,850,000 |
Price Per SF | $107 |
Sale Type | Investment NNN |
Cap Rate | 5.19% |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 0.89 AC |
Rentable Building Area | 17,300 SF |
No. Stories | 2 |
Year Built | 1995 |
Tenancy | Single |
Opportunity Zone |
Yes |
PROPERTY TAXES
Parcel Number | 35154.4102 | Improvements Assessment | $820,200 |
Land Assessment | $192,970 | Total Assessment | $1,013,170 |
PROPERTY TAXES
Parcel Number
35154.4102
Land Assessment
$192,970
Improvements Assessment
$820,200
Total Assessment
$1,013,170
zoning
Zoning Code | Heavy Industrial |
Heavy Industrial |
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Single Tenant Industrial Building | 3820 E Main Ave
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