Industrial Flex Facility with Roll-Up
5417 E Broadway Ave Spokane Valley, WA 99212
For Sale
Contact for pricing
Industrial flex building combines office and warehouse space with three-phase power and four grade-level roll-up doors.
Property Size25,702 SF
Price / SF$114.78
Days on Market147
Property Features for 5417 E Broadway Ave
General Information
Standard status
Active
Size
25,702 SF
Property subtype
INDUSTRIAL
Listing Agency:
Kiemle Hagood
(509) 755-7560
Listed By:
James Quigley
(509) 755-7560
Source:
Moodyscre
Added: Mar 5
Changed: Jul 27
Last Checked: Jul 29 at 2:27PM
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.
A versatile industrial flex facility offering a strategic mix of retail, office, and warehouse space in one building. The property is configured to support administrative functions, customer-facing retail interaction, and efficient warehouse operations. Three-phase power is available to support heavier-duty equipment and production needs, and the building has four grade-level roll-up doors for convenient access to operational areas.
The site provides excellent road frontage and strong visibility, with ample on-site parking for 32 stalls. Convenient access is available from Broadway and Stanley, supporting both employee and customer/delivery traffic.
Seller financing is available for qualified buyers. This well-balanced facility totals 125,702 SF and is positioned to serve a range of industrial and commercial uses requiring on-site office space alongside warehouse functionality.
The site provides excellent road frontage and strong visibility, with ample on-site parking for 32 stalls. Convenient access is available from Broadway and Stanley, supporting both employee and customer/delivery traffic.
Seller financing is available for qualified buyers. This well-balanced facility totals 125,702 SF and is positioned to serve a range of industrial and commercial uses requiring on-site office space alongside warehouse functionality.
Key Highlights
- 25,702 SF industrial flex building with retail, office, and warehouse space configured under one roof
- Three‑phase power supports heavy‑duty equipment and production needs
- Four grade‑level roll‑up doors for convenient access to operational areas
Financial Insights For Warehouse
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 | $219.0k | $8.52 |
| − Vacancy | −$21.5k | −$0.83 |
| EGI | $197.5k | $7.69 |
| − OpEx | −$29.6k | −$1.15 |
| NOI | $167.9k | $6.53 |
25,702 SF · lease $8.52/SF/yr · vacancy 9.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.93M
$3.44M – $4.59M
NOI $275,268 @ 7.0% cap · market cap 9.33%
Second Best
Warehouse
$2.40M
$2.10M – $2.80M
NOI $167,893 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$5.58M
$4.89M – $6.51M
NOI $390,835 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex building combines office and warehouse space with three-phase power and four grade-level roll-up doors.
Where is this flex space located?
The property is located at 5417 E Broadway Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 25,702 SF industrial flex building with retail, office, and warehouse space configured under one roof; Three‑phase power supports heavy‑duty equipment and production needs; Four grade‑level roll‑up doors for convenient access to operational areas
