10903 East Trent Avenue
NNN Investment Flex Buildings for Sale
Marketing description
Investment opportunity to acquire a fully leased multi-tenant flex/warehouse property located at 10903 E. Trent Ave. in Spokane Valley, WA. This newly constructed 12,792 square foot industrial flex building (built in 2024) sits on 0.94 acres and is currently 100% occupied, providing immediate and stable cash flow for investors.
The property features six tenant suites with a mix of warehouse and office space, 16’–18’ clear heights, and six 16’ x 14’ overhead doors designed to accommodate a variety of light industrial, service, and contractor users. Additional building features include 200A 120/220V power, gas unit heaters in the warehouse areas, electric wall heaters in the office/bathroom areas, and 28 on-site parking stalls.
Positioned along the well-traveled Trent Avenue corridor, the property offers excellent connectivity to Downtown Spokane, Spokane Valley, and Liberty Lake, making it a highly desirable location for tenants and businesses operating in the region.
With strong existing tenancy, competitive rental rates, and limited comparable investment opportunities available in the market, this asset presents a rare opportunity for investors seeking a stabilized industrial property in the Inland Northwest. Spokane Valley flex space under 10,000 square feet currently maintains extremely low vacancy levels, supporting long-term demand for this type of product.
Investment highlights
- Attractive Rental Rate: The property’s rental rate is competitive with comparable properties in the area and, in certain cases, below market averages, enhancing its appeal to tenants and supporting long-term occupancy.
- Established Tenancy with Future Leasing Potential: The property is currently occupied by five tenants, generating steady income. With competitive market rents and a desirable location, the building is well-positioned to maintain strong occupancy and attract future tenants if space becomes available.
- Rare Market Opportunity: Comparable investment properties are rarely available in the current market, and recent transactions of this nature are limited. This scarcity creates a unique opportunity for investors seeking a distinctive asset.
- Unique Market Position: While a neighboring building features the same construction design, its units are being sold as condominiums rather than leased. This positions 10903 E. Trent Ave. as one of the only opportunities for tenants seeking comparable flex space for lease in the immediate area.
- Spokane Valley Flex Space under 10,000 SFT has a 2.3% vacancy
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