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Two-Building Industrial Flex Property
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2416 Cheney Spokane Rd, Cheney, WA 99004

Two industrial buildings with manufacturing space, shipping/receiving areas, and on-site HVAC; one unit includes vacant second-floor space.

Property Size59,973 SF
Days on Market132

Property Features for 2416 Cheney Spokane Rd

General Information

Standard status Active
Size 59,973 SF
Property subtype Industrial

Building Details

Year Built 1999
Listing Agency: NAI Black
Listed By: Shannon Pottratz · License #WA 22020774
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:03AM

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 NAI Black

Investment Insights

Based on property information with market context.

This for-sale flex/industrial property includes two separate buildings with a combined mix of office, manufacturing, and shipping/receiving space. Building 1 totals 26,676 SF and features 5,850 SF of office area, 18,726 SF of manufacturing area, and 2,100 SF dedicated to shipping/receiving. It is fully leased and built with a steel frame, modular concrete panels, and a metal roof. Mechanical systems include gas-fired roof mount HVAC units, and the building was completed in 1995.

Building 2 totals 33,297 SF and is partially available with 10,829 SF on the main floor and 8,192 SF of second-story space currently vacant. The currently leased portion is 14,276 SF. This building includes an extensive temperature control system and an elevator on site. Construction consists of a steel frame with concrete tilt and metal siding/roof, completed in 1999.

Both buildings support industrial operations with defined manufacturing and shipping/receiving areas, offering flexibility for tenants seeking a combination of production and supporting office space.

Key Highlights

  • Two industrial buildings with manufacturing space plus dedicated shipping/receiving areas and on‑site HVAC.
  • Building 1 (1995): 26,676 SF footprint with 5,850 SF office, 18,726 SF manufacturing, and 2,100 SF shipping/receiving; fully leased.
  • Building 1 HVAC: gas‑fired roof‑mount units; steel frame construction with modular concrete panels and a metal roof.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
Balanced
Demand for This Use

Demographics for 99004, WA

23,064
Population
8,992
Households
2.6
Avg Household Size
29
Median Age
36%
College-Educated
93%
High-School Grad
334.3 sq mi
ZIP Area
69
Density / Sq Mi
$62,014
Median Household Income
$29,835
Median Earnings
$1,081
Median Rent
$368,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Two industrial buildings with manufacturing space, shipping/receiving areas, and on-site HVAC; one unit includes vacant second-floor space.
Where is this flex space located?
The property is located at 2416 Cheney Spokane Rd Cheney, WA.
What are key features of this property?
This property features: Two industrial buildings with manufacturing space plus dedicated shipping/receiving areas and on‑site HVAC.; Building 1 (1995): 26,676 SF footprint with 5,850 SF office, 18,726 SF manufacturing, and 2,100 SF shipping/receiving; fully leased.; Building 1 HVAC: gas‑fired roof‑mount units; steel frame construction with modular concrete panels and a metal roof.
More about this property
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