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    Property profile & analytics
    OFF-MARKET Estimated value $6,300,000
    Warehouses

    6811 Msn Ave, Spokane Valley, WA 99212-1152

    128,000 SF 7.94 ac lot Built 1959
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US90-0795742
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 128,000-square-foot industrial manufacturing facility located at 6811 E Mission Ave, Spokane Valley, WA 99212. The property, built in 1959 and situated on APN 35124.1101, boasts a desirable location with convenient access to the BNSF rail line. Currently leased to HDT Global under a single-tenant, Net Lease (NNN) agreement, the property offers a strong, stable income stream with a remaining lease term of approximately 4.8 years, expiring September 16, 2029. The lease includes annual rent increases of 3%, providing built-in growth potential. The asking price is $15,840,000, representing a compelling price per square foot of $123.75 and a 6.50% capitalization rate based on a Net Operating Income (NOI) of $1,029,588. The property is zoned for industrial use and comprises both office and manufacturing space. This is a rare opportunity to acquire a well-located, NNN-leased industrial asset with a strong tenant and significant remaining lease term in a thriving market. The property's combination of long-term lease stability, attractive cap rate, and strategic location makes it an ideal addition to any investment portfolio. Detailed lease terms are available upon request.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1959
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 128,000 SF
    Lot 7.94 ac (345,769 SF)
    APN 35124.1101
    UPID US90-0795742
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Rugged Cabin Industrial Manufacturer Production Facility
    • Berg Manufacturing Inc Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $6.30M
    Owner & transaction history
    Cda Loon LLC · 12 yrs held
    Cda Loon LLC
    since 2013
    3 recorded transactions
    2023
    2016
    2013
    $2.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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