10117 S Spotted Rd, Cheney, WA
25,000 SF facility suitable for grow operation or self-storage.
- Added:
- Feb 17, 2022
- Days on Market:
- 1586
- Last Refresh:
- May 19 at 8:28 pm
Property Features for 10117 S Spotted Rd
General Information
- Standard status
- Active
- Size
- 25,000 SF
- Lot size
- 2.09 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 10117 S Spotted Rd Contact usListing agent Dallas Lightner License #24027253 (509) 315-8720
Listing office LT Real Estate (509) 315-8720
Listing date Feb 17, 2022
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LT Real Estate
HighLights
- License attached to address
- Turn key for grow op or self‑storage
- Two buildings each offering 12,500 sq ft
- Available now
- Flexible lease terms
- Additional yard space available
Overview
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $330.0k | $13.20 |
| − Vacancy | −$16.5k | −$0.66 |
| EGI | $313.5k | $12.54 |
| − OpEx | −$94.1k | −$3.76 |
| NOI | $219.5k | $8.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cheney
- County
- Spokane
- State
- Washington
- Longitude
- -117.516
- Latitude
- 47.5606
