Jeld-Wen | Spokane, WA | 4000 E Main Ave
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Jeld-Wen | Spokane, WA 4000 E Main Ave
66,621 SF Industrial Building Spokane, WA 99202 $6,249,000 ($94/SF) 7% Cap Rate
Investment Highlights
- 66,000+ SF | 4.46 AC | Rail Access | 2023 Renovation
- Spokane Industrial: SE North Metro submarket average at 3.3% with flex vacancy rates just above 2.7%
- Spokane International Airport (GEG): 10 miles away / 13-minute drive to the subject property | The state’s 2nd-largest airport
- Jeld-Wen (NYSE: JELD): Fortune 1000, $4.3 Billion (2023) North American Co; 18,000 employes; more than 120 manufacturing facilities in 19 Countries
- I-90 Access On-Ramps are 1 Block Away: The PNW’s major east-west artery that sees nearly 121,000 cars per day
- Spokane-Coeur d’Alene Corridor has a Population of Over 781,000 with a Labor Force of More Than 263,000
Executive Summary
Below-Market Rent | Corporate Tenant | Spokane, WA
Property Facts
| Price | $6,249,000 | Rentable Building Area | 66,621 SF |
| Price Per SF | $94 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1977 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.23/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 26 FT |
| Building Class | C | No. Drive In / Grade-Level Doors | 8 |
| Lot Size | 4.46 AC | Opportunity Zone |
Yes
|
| Price | $6,249,000 |
| Price Per SF | $94 |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 4.46 AC |
| Rentable Building Area | 66,621 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Tenancy | Single |
| Parking Ratio | 0.23/1,000 SF |
| Clear Ceiling Height | 26 FT |
| No. Drive In / Grade-Level Doors | 8 |
| Opportunity Zone |
Yes |
Utilities
- Gas
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $790,200 | |
| Land Assessment | $712,360 | Total Assessment | $1,502,560 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$712,360
Improvements Assessment
$790,200
Total Assessment
$1,502,560
zoning
| Zoning Code | Heavy Industrial |
| Heavy Industrial |
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Jeld-Wen | Spokane, WA | 4000 E Main Ave
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