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Single Tenant Industrial Building 3820 E Main Ave

17,300 SF Industrial Building Spokane, WA 99202 $2,622,319 CAD ($152 CAD/SF) 5.19% Cap Rate

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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.

3820_E_Main_Ave-Sale_Flyer

Property Facts

Price	$2,622,319 CAD	Lot Size	0.89 AC
Price Per SF	$152 CAD	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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	B

Price	$2,622,319 CAD
Price Per SF	$152 CAD
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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.