Automotive Business with Flexible
For Sale
$699,999
200 Betz Rd, Cheney, WA 99004
Established automotive business offered with flexible occupancy and a month-to-month tenant paying below-market rent.
Property Size4,148 SF
Days on Market95
Property Features for 200 Betz Rd
General Information
Standard status
Active
Size
4,148 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Building Size
4,148 SF
Year Built
2006
Listing Agency:
Black Commercial, Inc.
Listed By:
Eric Weaver
(360) 631-1526
Source:
Naiblack
Added: Jul 26
Changed: Oct 25
Last Checked: Oct 26 at 2:22PM
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 Black Commercial, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering presents a well-established automotive business with a flexible occupancy structure. The business is currently operated by a month-to-month tenant paying well-below-market rent, which may provide immediate cash flow for an investor buyer. The existing operator has indicated willingness to remain in place on favorable terms following a sale, supporting stability and continuity. Alternatively, the tenant is also willing to vacate upon sale, which can create a straightforward path for an owner-user to take over the space and operate their own concept.
Additional information is available in the flyer, and interested parties should contact the listing broker for details. The property is located at 200 Betz Rd, Cheney, WA 99004.
Additional information is available in the flyer, and interested parties should contact the listing broker for details. The property is located at 200 Betz Rd, Cheney, WA 99004.
Key Highlights
- Established automotive business offered for owner‑operators or passive investors
- Flexible occupancy structure, including a month‑to‑month tenant
- Tenant currently pays below‑market rent, supporting immediate cash flow
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,587
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$911,740
$911.7K
Cap Rate 7%
$651,243
$651.2K
Cap Rate 9%
$506,522
$506.5K
Market Conditions
NOI Build-Up for 4,148 SF
Gross rent
$68.2K $16.44/SF
− Vacancy
−$3.1K −$0.74/SF
EGI
$65.1K $15.70/SF
− OpEx
−$19.5K −$4.71/SF
NOI
$45.6K $10.99/SF
Area
Spokane County, WA
Vacancy
4.50%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$911,740
Cap Rate 7%
$651,243
Cap Rate 9%
$506,522
Alternative Uses
Best Use
Retail
$651.2K
$569.8K – $759.8K
NOI $45,587 @ 7.0% cap · market cap 6.51%
Second Best
Industrial
$341.6K
$298.9K – $398.5K
NOI $23,911 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$958.5K
$838.7K – $1.12M
NOI $67,094 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Pacific Auto Sales & Service — 200 Betz Rd, Cheney, WA 99004
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive business offered with flexible occupancy and a month-to-month tenant paying below-market rent.
Where is this auto shop located?
The property is located at 200 Betz Rd Cheney, WA.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Established automotive business offered for owner‑operators or passive investors; Flexible occupancy structure, including a month‑to‑month tenant; Tenant currently pays below‑market rent, supporting immediate cash flow
