Monaco Enterprises | 14820 E Sprague Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Monaco Enterprises 14820 E Sprague Ave
37,417 SF Industrial Building Spokane, WA 99216 $7,507,400 CAD ($201 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Long-Term, Original 20-Year Absolute Triple Net (NNN) Lease
- Two Percent (2.00%) Rental Increases Annually
- Mission Critical Manufacturing And Headquarters Facility
- Approximately 16 Years Remaining
Executive Summary
NNN Pro Group is pleased to present the exclusive listing for a Monaco Enterprises located at 14820 East Sprague Avenue in Spokane Valley, WA. The site consists of roughly 37,417 rentable square feet of building space on estimated 3.95-acre parcel of land. This Monaco Enterprises is subject to a 20-year absolute triple-net (NNN) lease, which commenced January 16th, 2020. The current annual rent is $344,262 and is scheduled to increase by 2.00% annually throughout the base term and in the 1, 10-year renewal option.
Property Facts
| Price | $7,507,400 CAD | Lot Size | 3.95 AC |
| Price Per SF | $201 CAD | Rentable Building Area | 37,417 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.50% | Year Built/Renovated | 1969/2002 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C |
| Price | $7,507,400 CAD |
| Price Per SF | $201 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.95 AC |
| Rentable Building Area | 37,417 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2002 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
PROPERTY TAXES
| Parcel Number | 45231.0524 | Improvements Assessment | $3,985,324 CAD |
| Land Assessment | $1,782,711 CAD | Total Assessment | $5,768,035 CAD |
PROPERTY TAXES
Parcel Number
45231.0524
Land Assessment
$1,782,711 CAD
Improvements Assessment
$3,985,324 CAD
Total Assessment
$5,768,035 CAD
zoning
| Zoning Code | CMU (Central manufacturing) |
| CMU (Central manufacturing) |
-
Power Broker Glen Kunofsky -
Mark Masino -
Madison O'Connor -
NNN Pro Group
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Monaco Enterprises | 14820 E Sprague Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.