1507 Thierman Rd, Spokane Valley, WA 99212-1178
This single-tenant industrial property, located at 1507 N Thierman Rd, Spokane Valley, WA 99212, offers a total of 15,000 square feet of space. Built in 1980, the building features a blend of warehouse and office space, ideal for a variety of businesses. The warehouse area encompasses approximately 14,232 square feet, complemented by approximately 768 square feet of office space and an additional 768 square feet of mezzanine storage, capable of supporting a 40 lbs per square foot load. Access is facilitated by one loading dock and three drive-in doors. The property sits on APN 35132.0106 and is zoned for industrial use. Currently, approximately 5,000 square feet is available for lease. The lease rate for office space is $1.00 per square foot per month, while the warehouse space is also $1.00 per square foot per month. NNN expenses are $0.13 per square foot per month. This well-located Spokane Valley property presents a compelling opportunity for businesses seeking efficient and versatile industrial space. The property's convenient access and ample space make it an attractive option for various industrial operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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