Office-Warehouse Flex
For Sale
$1,245,000
4304 E Trent Ave, Spokane, WA 99212
The property includes three-phase power for commercial operations.
Property Size10,022 SF
Price / SF$124.23
Days on Market87
Property Features for 4304 E Trent Ave
General Information
Standard status
Active
Size
10,022 SF
Total Parking Spaces
20
Property subtype
Commercial
Site & Location
Neighborhood
Chief Garry Park
Additional Details
Three-Phase Power
Yes
Property Use
Office Warehouse
Taxes and HOA fees
Annual Taxes
$6,958
Building Details
Building Size
10,022 SF
Year Built
1944
Stories
1
Listing Agency:
NAI Black
(509) 623-1000
Listed By:
James Orcutt
(509) 280-2037
Source:
Ericksrealty
Added: Jul 29
Changed: Oct 23
Last Checked: Oct 23 at 4:37PM
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
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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 flex property combines office and warehouse space and is equipped with three-phase power. The building dates to 1944.
The site is at the junction of Trent Avenue and Havana Street in Spokane.
The site is at the junction of Trent Avenue and Havana Street in Spokane.
Key Highlights
- Office and warehouse configuration
- Three‑phase power
- At Trent Avenue and Havana Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,467
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,340
$1.3M
Cap Rate 7%
$935,243
$935.2K
Cap Rate 9%
$727,411
$727.4K
Market Conditions
NOI Build-Up for 10,022 SF
Gross rent
$85.4K $8.52/SF
− Vacancy
−$8.4K −$0.83/SF
EGI
$77.0K $7.69/SF
− OpEx
−$11.6K −$1.15/SF
NOI
$65.5K $6.53/SF
Area
Spokane, WA
Vacancy
9.80%
Lease Rate
$8.52 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,340
Cap Rate 7%
$935,243
Cap Rate 9%
$727,411
Alternative Uses
Best Use
Warehouse
$935.2K
$818.3K – $1.09M
NOI $65,467 @ 7.0% cap · market cap 5.26%
Second Best
Industrial
$833.0K
$728.9K – $971.8K
NOI $58,310 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$2.59M
$2.26M – $3.02M
NOI $180,997 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99212, WA
21,672
Population
9,496
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
1,762
Density / Sq Mi
$66,250
Median Household Income
$39,829
Median Earnings
$1,184
Median Rent
$314,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - The property includes three-phase power for commercial operations.
Where is this flex space located?
The property is located at 4304 E Trent Ave Spokane, WA.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: Office and warehouse configuration; Three‑phase power; At Trent Avenue and Havana Street
