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    1500 W 1St St Cheney, WA 99004

    For Lease
    $7,500,000

    112,500 SF manufacturing facility available for lease in Cheney, WA.

    Property size:
    112,501 SF
    Lot size:
    10.08 Acres

    Property Features for 1500 W 1St St

    General Information

    Size
    112,501 SF
    Lot size
    10.08 Acres

    Source: Kiemle Hagood Agent Craig Soehren

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cheney Manufacturing Facility For Lease

    The Allpak Building, located in Cheney, WA, is a manufacturing facility encompassing approximately 112,500 square feet. Originally constructed in 1982 for Honeywell as a microchip manufacturing plant, the building features concrete walls and concrete roof trusses. The property is situated on a 10.08-acre site. The building includes approximately 12,318 square feet of office space and approximately 100,183 square feet of warehouse space. The lease rate is $0.40 per square foot per month, under an absolute net lease agreement where all repairs and operating costs are the responsibility of the tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Auto Repair Shop Clothing Store Gym & Fitness Kitchen & Bath Storage Facility HVAC Service Convenience Store Computer & Electronic Repair Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cheney
    County
    Spokane
    State
    Washington
    Longitude
    -117.6037867
    Latitude
    47.4746552

    Nearby Similar for Lease

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      Cheney Street Retail Opportunity

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      Downtown Cheney Restaurant/Retail Space

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    • $3,500,000
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      Turn Key Grow/Storage Facility

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    FAQs

    What type of property is this?
    Manufacturing property - 112,500 SF manufacturing facility available for lease in Cheney, WA.
    Where is this manufacturing property located?
    The property is located at 1500 W 1St St Cheney, WA.
    What are key features of this property?
    This property features: - Large Manufacturing Facility: Boasting ±112,500 square feet, ideal for extensive manufacturing or industrial activities.; - Heavy Power Infrastructure: Designed to support power-intensive manufacturing needs.; - Durable Construction: Features concrete walls and roof trusses for lasting durability.
    (509) 755-7548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 W 1St St Cheney, WA 99004
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