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Main Street Industrial Park

8 Properties Offered at £8,325,125 in Spokane, WA

Investment Highlights

  • High-Quality Construction, Below Replacement Cost: Recent renovations and capital improvements made across the entire park
  • Additional Land: Approx. 1.5 acres at the east end of the property with ingress/egress and potential rail access
  • Ideal Intersection: I-90 Access On-Ramps are 1 Block Away –121,000 cars per day | Spokane International Airport (GEG): 10 miles away / 13-minute drive
  • Desirable Industrial Features: Overhead doors, commercial entrances, high ceiling clearances, laydown yard space, and 5 points of ingress/egress
  • Spokane Industrial: High-Demand & Scarce Product | Spokane Industrial SE North Metro Submarket Average at 3.3% with Flex Vacancy Rates Above 2.7%
  • Spokane MSA & Economic Drivers: Spokane-Coeur d’Alene Corridor is a Population of Over 781,000 with a Labor Force of More Than 263,000

Executive Summary

Industrial Park | Corporate Anchor Tenant | Spokane, Washington

Property Facts

Price £8,325,125
Price / SF £44.34 / SF
Net Initial Yield 7.37%
Sale Type Investment
Status Active
Number of Properties 8
Individually For Sale 1
Total Building Size 187,745 SF
Total Land Area 31.11 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4000 E Main Ave, Spokane, WA 99202 Industrial 66,621 SF 1977 £4,936,772
4114 E Main Ave, Spokane, WA 99202 Industrial 5,992 SF 1978 -
4030 E Main Ave, Spokane, WA 99202 Industrial 13,768 SF 1966 -
4020 E Main Ave, Spokane, WA 99202 Industrial 94,720 SF 1966 -
4110 E Main Ave, Spokane, WA 99202 Industrial 6,644 SF 1979 -
4116 E Main Ave, Spokane, WA 99202 Land 1.07 AC - -
4224 E Riverside Ave, Spokane, WA 99202 Land 1.50 AC - -
24 N Julia St, Spokane, WA 99202 Land 0.99 AC - -
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  • Listing ID: 33173304

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: Main Street Industrial Park, Spokane, WA

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