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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29161873

3804 E Ferry Ave, Spokane, WA 99202

Kiemle  HaGood
Kiemle  HaGood
Listed by Kiemle HaGood
$1,150,000
146 days on market
Updated 30 days ago
Opportunity zone

3804 E Ferry

Details
APN 35154.2701
Property Type Industrial
Sub Type Warehouse
Square Footage 7,377
Net Rentable (SqFt) 7,377
Cap Rate 5.87%
NOI $67,536
Occupancy 100%
Lease Type NNN
Lease Expiration 03/31/2027
Remaining Term 0.8
Price per SqFt $156
Year Built 1952
Buildings 2
Stories 1
Lot Size (SqFt) 75,000
Zoning Heavy Industrial
Investment Type Net Lease
Ceiling Height 13-20
Loading Docks 1

Industrial | 5.87% CAP | 7,377 SqFt

Marketing description

**FOR SALE: LEASED INDUSTRIAL OFFICE / WAREHOUSE & FENCED YARD** at 3804 E. Ferry Ave., Spokane, WA 99202!

Centrally located in Spokane with easy access to I-90.

Situated on a ±75,000 SF fenced site zoned for heavy industrial use

includes a 1,785 SF office building and a 5,592 SF warehouse building with grade-level overhead doors and exterior graveled dock high ramp

Currently leased to United Natural Foods until March 31, 2027 for $5,628/Mo/NNN. The lease includes two 3-year extension options. Listed at $1,150,000.00.

In addition, owners are also offering FOR SALE adjacent leased industrial properties. Please see flyer for details.

Investment highlights

Currently leased to United Natural Foods until March 31, 2027 for $5,628/Mo/NNN. The lease includes two 3-year extension options.

Listing Contacts

Kiemle  HaGood
Kiemle  HaGood
Listed by Kiemle HaGood

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$67,536.00
$5,628.00/mo

Valuation Metrics

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DSCR
5.87%
Cap Rate
5.87%
ROI

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