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    5807 Thorpe Rd Spokane, WA 99224

    Sponsored
    For Lease
    $16 SF/Yr

    Class A Spokane industrial space, multiple suites available.

    Lot size:
    20,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial flex development, located in Spokane, WA's West Plains submarket at 5807 W Thorpe Rd (APN 25343.0125), offers a prime opportunity for businesses seeking versatile and modern space. The property comprises three single-story buildings totaling 20,750 square feet, built in 2024, and situated on a 2.04-acre lot. Six individual suites are available, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 11,000 square feet. The flexible design caters to a variety of uses, including flex, warehouse, R&D, distribution, and manufacturing. Each unit boasts a 17-foot ceiling height, enhancing storage and operational efficiency. Six drive-in doors provide convenient access for loading and unloading. The property features 400A/208/120/3P power. Zoned for light industrial use, this development is ideally positioned near Geiger and Thorpe Rd, offering excellent access to major transportation routes and downtown Spokane. Secure yard space is also available, adding to the property's functionality and appeal. This is a rare opportunity to secure high-quality industrial space in a thriving Spokane submarket.

    Property Features for 5807 Thorpe Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,750 SF
    Class
    A
    Total Rate
    27666.67

    Building Details

    Year Built
    2024
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Building B
    Size
    11,000 SF
    Rate per SF
    $16
    Space
    Building D
    Size
    9,750 SF
    Rate per SF
    $16

    HighLights

    • Excellent I‑90/Geiger Exit access, close to downtown Spokane and Spokane International Airport.
    • High‑visibility storefront with building and pylon signage opportunities.
    • 250 SF of office space including an ADA‑compliant restroom; build‑to‑suit options available.
    • Secure, fenced yard (1,350‑1,650 SF) with paved parking.
    • 14' x 14' grade‑level loading doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Bar & Pub Storage Facility Discount Store Electronics Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.49458351692
    Latitude
    47.616130757547

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    FAQs

    What type of property is this?
    Life science property - Class A Spokane industrial space, multiple suites available.
    Where is this life science property located?
    The property is located at 5807 Thorpe Rd Spokane, WA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-90/Geiger Exit access, close to downtown Spokane and Spokane International Airport.; High-visibility storefront with building and pylon signage opportunities.; 250 SF of office space including an ADA-compliant restroom; build-to-suit options available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5807 Thorpe Rd Spokane, WA 99224
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