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    Spokane Industrial Space For Rent Title is generated by Realmo AI

    308-316 S Grant St, Spokane, WA

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    Industrial property available for lease in Spokane, Washington.

    Type:INDUSTRIAL
    Property size:
    11,648 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $81/SF
    Added:
    Aug 22, 2025
    Days on Market:
    319
    Last Refresh:
    May 20 at 9:24 pm

    Property Features for 308-316 S Grant St

    General Information

    Standard status
    Active
    Size
    11,648 SF
    Lot size
    0.32 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 308-316 S Grant St Contact us

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    James Black III

    Listing office Black Commercial, Inc.

    Listing date Aug 22, 2025

    Source Moodyscre

    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.

    HighLights

    • Contact Listing Broker for more information.
    • NNN estimates are subject to change.
    • Additional Property Details: (See Description)

    Overview

    This industrial property, located at 308-316 S Grant St in Spokane, WA, offers 11,648 square feet of space. NNN estimates are subject to change. Contact Listing Broker for more information.

    Local Financial Insights For Industrial

    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 $103.4k $8.88
    − Vacancy −$6.6k −$0.57
    EGI $96.8k $8.31
    − OpEx −$29.0k −$2.49
    NOI $67.8k $5.82
    11,648 SF · lease $8.88/SF/yr · vacancy 6.40% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $968.1K
    $847.1K – $1.13M (±1% cap)
    NOI $67,770 @ 7.0% cap · market cap 7.13%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.01M
    $2.63M – $3.51M (±1% cap)
    NOI $210,363 @ 7.0% cap · market cap 22.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Kitchen & Bath Showroom Plumbing Service Restaurant (Bike/Boat/Book/etc) Store Restaurant Tanning Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Clothing & Fashion Store Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.405
    Latitude
    47.6533

    FAQs

    What type of property is this?
    Industrial property - Industrial property available for lease in Spokane, Washington.
    Where is this industrial property located?
    The property is located at 308-316 S Grant St Spokane, WA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Contact Listing Broker for more information.; NNN estimates are subject to change.; Additional Property Details: (See Description)
    (509) 622-3551 Call to check price and availability
    More about this property
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