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Industrial Building in Spokane

3820 E Main Ave, Spokane, WA 99202

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For Sale

$1,850,000

Fully leased industrial building in Spokane's central industrial district.

Type:Industrial

Property size:

17,300 SF

Price / SF:

$106/SF

HighLights

Fully leased to ProSource, part of a 145‑location network, ensuring stable income.
Triple Net (NNN) Lease minimizes landlord responsibilities.
Lease term through October 31, 2027, with a ten (10) year option.
Located on the SE corner of Main Ave and Julia St in Spokane's central Industrial district.
Warehouse with a 20' clear height.
Building built in 1995 with 17,300 SF floor area on a 0.89 Acre site.

We can help!

Contact an agent

John J. Hillier

For Sale

$1,850,000

Fully leased industrial building in Spokane's central industrial district.

Type:Industrial

Property size:

17,300 SF

Price / SF:

$106/SF

Added:: Nov 21, 2025
Days on Market:: 218
Last Refresh:: May 9 at 1:19 am

Property Features for 3820 E Main Ave

General Information

Standard status: Active
Size: 17,300 SF
Property subtype: Industrial

Building Details

Year Built: 1995

We can help!

Contact an agent

John J. Hillier

Listing office

Listing date Nov 21, 2025

Source Svn

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 John J. Hillier

HighLights

Fully leased to ProSource, part of a 145‑location network, ensuring stable income.
Triple Net (NNN) Lease minimizes landlord responsibilities.
Lease term through October 31, 2027, with a ten (10) year option.
Located on the SE corner of Main Ave and Julia St in Spokane's central Industrial district.
Warehouse with a 20' clear height.
Building built in 1995 with 17,300 SF floor area on a 0.89 Acre site.

Overview

Located on the southeast corner of Main Avenue and Julia Street in Spokane's central industrial district, this fully leased single-tenant building occupies a 0.89-acre site, equivalent to 38,000 square feet. The building features two levels, providing a total floor area of 17,300 square feet. It is equipped with a gas-forced HVAC system and a three-phase electrical system. The warehouse portion of the building offers a 20-foot clear height. The current lease extends through October 31, 2027, and includes one ten-year option period. The lease is a Triple Net (Net Net Net) Lease. The tenant, ProSource of Spokane, is part of the ProSource network, which encompasses 145 locations across North America. The property is suitable for warehouse and industrial use.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$147.4k	$8.52
− Vacancy	−$14.4k	−$0.83
EGI	$133.0k	$7.69
− OpEx	−$19.9k	−$1.15
NOI	$113.0k	$6.53

17,300 SF · lease $8.52/SF/yr · vacancy 9.80% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$1.61M

$1.41M – $1.88M (±1% cap)

NOI $113,009 @ 7.0% cap · market cap 6.11%

Second Best

Industrial

$1.44M

$1.26M – $1.68M (±1% cap)

NOI $100,654 @ 7.0% cap · market cap 5.44%

Theoretical Best

Office A

$4.46M

$3.91M – $5.21M (±1% cap)

NOI $312,438 @ 7.0% cap · market cap 16.89%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

ProSource of Spokane Big Box & Wholesale Store

Suggested Use

Similar Places Nearby

Express Storage-University District — 905 E 3rd Ave, Spokane, WA 99202
Blueline Mini Storage — 1017 N Crestline St, Spokane, WA 99202
Ace 4 Space Self Storage — 1130 E Sprague Ave, Spokane, WA 99202
Playfair Commerce Park — N Altamont St, Spokane, WA 99202

Location Insight

Map
Local Demand

City: Spokane
County: Spokane
State: Washington
Longitude: -117.353
Latitude: 47.6587

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For sale
Warehouses
WA
Spokane
99202
3820 E Main Ave

What type of property is this?

Warehouse - Fully leased industrial building in Spokane's central industrial district.

Where is this warehouse located?

The property is located at 3820 E Main Ave Spokane, WA.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: Fully leased to ProSource, part of a 145‑location network, ensuring stable income.; Triple Net (NNN) Lease minimizes landlord responsibilities.; Lease term through October 31, 2027, with a ten (10) year option.