Flex Space with Drive-In
3626 E Trent Ave, Spokane, WA 99202
For Sale
$990,000
Commercial Sale, Spokane, WA
Property Size8,020 SF
Lot Size0.49 Acres
Price / SF$123.44
Days on Market365
Property Features for 3626 E Trent Ave
General Information
Property type
Property subtype
Basement
Lot features
View
Elementary school district
Directions
Standard status
Size
Lot size
Additional Details
Property Use
Utilities
Heating system
Amenities
Active Security System
Building Details
Year built
Building materials
Roof type
Listing Agency:
First Look Real Estate
Listed By:
Ken Lewis · License WA #12833
(509) 928-3413
Added: Nov 11, 2025
Changed: Nov 4
Last Checked: Nov 10 at 8:06PM
MLS# 202526651
Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8,020-square-foot flex property occupies a 0.49-acre site and was built in 1946. The building combines block and wood siding construction with a flat roof, natural gas service, and hot-water heating. Three drive-in overhead doors support loading and vehicle access, while the interior includes showroom space suitable for retail use. An active security system is installed.
The property is located at 3626 E Trent Ave in Spokane, Washington, a few blocks from the new Trent Avenue interchange on the North/South Freeway. Access is available from Trent, Sycamore, and Boone. Industrial-Retail zoning accommodates the property’s combined flex, showroom, and commercial configuration.
The property is located at 3626 E Trent Ave in Spokane, Washington, a few blocks from the new Trent Avenue interchange on the North/South Freeway. Access is available from Trent, Sycamore, and Boone. Industrial-Retail zoning accommodates the property’s combined flex, showroom, and commercial configuration.
Key Highlights
- 8,020‑square‑foot flex property on a 0.49‑acre site
- Three drive‑in overhead doors
- Industrial‑Retail zoning with showroom space for retail use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,216
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,664,320
$1.7M
Cap Rate 7%
$1,188,800
$1.2M
Cap Rate 9%
$924,622
$924.6K
Market Conditions
NOI Build-Up for 8,020 SF
Gross rent
$129.9K $16.20/SF
− Vacancy
−$11.0K −$1.38/SF
EGI
$118.9K $14.82/SF
− OpEx
−$35.7K −$4.45/SF
NOI
$83.2K $10.38/SF
Area
Spokane, WA
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,664,320
Cap Rate 7%
$1,188,800
Cap Rate 9%
$924,622
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,216 @ 7.0% cap · market cap 8.41%
Second Best
Industrial
$666.6K
$583.3K – $777.7K
NOI $46,662 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,841 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
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Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 99202, WA
21,969
Population
8,296
Households
2.6
Avg Household Size
31
Median Age
33%
College-Educated
92%
High-School Grad
5.9 sq mi
ZIP Area
3,724
Density / Sq Mi
$61,323
Median Household Income
$31,892
Median Earnings
$1,070
Median Rent
$268,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Spokane, WA
Properties on Market for Flex space in Spokane
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-retail zoning, showroom space, multiple access routes, and an active security system support varied commercial use.
Where is this flex space located?
The property is located at 3626 E Trent Ave Spokane, WA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 8,020‑square‑foot flex property on a 0.49‑acre site; Three drive‑in overhead doors; Industrial‑Retail zoning with showroom space for retail use
