6811 Msn Ave, Spokane Valley, WA 99212-1152
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.
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Rugged Cabin Industrial Manufacturer Production Facility
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Berg Manufacturing Inc Industrial Manufacturer Production Facility
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.