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Flex Space with Dock-High Loading Doors
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15911 E Trent Ave, Spokane Valley, WA 99216

2019-built flex space with office/showroom area plus warehouse loading with dock-high and grade-level doors.

Property Size8,603 SF
Price / SF$313.26
Days on Market110

Property Features for 15911 E Trent Ave

General Information

Standard status Active
Size 8,603 SF
Property subtype INDUSTRIAL
Listing Agency: Kiemle Hagood
Listed By: Erik Nelson · License #24825
Source: Moodyscre
Added: Apr 13 Changed: Jul 30 Last Checked: Jul 30 at 2:33PM

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.

This flex space owner-user industrial opportunity is a 8,603 SF building built in 2019 and positioned on a 32,799 SF parcel. The property includes 1,558 SF of office/showroom space alongside efficient warehouse infrastructure designed for day-to-day operations.

Warehouse access features three dock-high loading doors measuring 8' x 10' and two grade level doors measuring 16' x 14'. The building is described as having a Class A construction profile.

Located at 15911 E Trent Ave in Spokane Valley, WA 99216, the facility is offered as a modern, high-functioning industrial option with a blend of professional frontage and scalable warehouse capacity.

Key Highlights

  • 8,603 SF owner‑user flex space built in 2019
  • 1,558 SF office/showroom within the flex space
  • 32,799 SF parcel at 15911 E Trent Ave, Spokane Valley, WA 99216

Financial Insights For Office B

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 $144.5k $16.80
− Vacancy −$21.7k −$2.52
EGI $122.9k $14.28
− OpEx −$30.7k −$3.57
NOI $92.1k $10.71
8,603 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,138 @ 7.0% cap · market cap 3.42%
Second Best
Warehouse
$802.8K
$702.5K – $936.6K (±1% cap)
NOI $56,197 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $130,821 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

AMPD Lighting & Audio ... Tech Support Center

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage HVAC Service Restaurant

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

221
Businesses Nearby
Under-served
Demand for This Use

Demographics for 99216, WA

28,379
Population
12,703
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
1,999
Density / Sq Mi
$69,958
Median Household Income
$40,652
Median Earnings
$1,307
Median Rent
$336,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 2019-built flex space with office/showroom area plus warehouse loading with dock-high and grade-level doors.
Where is this flex space located?
The property is located at 15911 E Trent Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: 8,603 SF owner‑user flex space built in 2019; 1,558 SF office/showroom within the flex space; 32,799 SF parcel at 15911 E Trent Ave, Spokane Valley, WA 99216
(509) 755-7514 Call to check price and availability
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