Industrial Warehouse Near
6409 E Sharp Ave Spokane, WA
6409 E Sharp Ave, Spokane, WA, 00000
Contact for pricing
For Sale
Contact for pricing
Industrial warehouse with grade loading and three-phase power for sale.
Property Size10,080 SF
Lot Size1.39 Acres
Price / SF$138.89
Days on Market496
Property Features for 6409 E Sharp Ave
General Information
- Standard status
- Active
- Size
- 10,080 SF
- Lot size
- 1.39 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Kiemle Hagood
(509) 755-7558
Listed by
Tracy Lucas
(509) 755-7558
Source
Moodyscre
Added: Mar 12, 2025 Checked: Jul 20 at 4:03 am
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 Kiemle Hagood
Investment Insights
Based on property information with market context.
Located on Sharp Avenue between Fancher and Thierman, this industrial warehouse is situated just north of the Broadway I-90 Interchange. The property features grade loading and three-phase power. The building has a size of 10080 square feet.
Key Highlights
- Great location on Sharp.
- Close proximity to the Broadway I‑90 Interchange.
- Grade loading available.
Local Financial Insights For Warehouse
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 | $85.9k | $8.52 |
| − Vacancy | −$8.4k | −$0.83 |
| EGI | $77.5k | $7.69 |
| − OpEx | −$11.6k | −$1.15 |
| NOI | $65.8k | $6.53 |
10,080 SF · lease $8.52/SF/yr · vacancy 9.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$940.6K
$823.1K – $1.10M
NOI $65,845 @ 7.0% cap · market cap 4.70%
Second Best
Industrial
$837.8K
$733.1K – $977.5K
NOI $58,647 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$2.60M
$2.28M – $3.03M
NOI $182,045 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Industrial property - Industrial warehouse with grade loading and three-phase power for sale.
Where is this industrial property located?
The property is located at 6409 E Sharp Ave Spokane, WA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Great location on Sharp.; Close proximity to the Broadway I‑90 Interchange.; Grade loading available.
