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Fast Lane 10915 W Fast Ln 27,272 SF 100% Leased Industrial Building Airway Heights, WA 99001 $3,200,000 ($117.34/SF) 6.46% Cap Rate
Investment Highlights
- Great Industrial Investment Income Property in the path of growth
Executive Summary
36 units of industrial warehouse investment property adjacent to Northern Quest Casino in Spokane. Units are a mix of warehouse and manufacturing with a permitted automotive paint shop in one unit and a body shop in another. Great rental history with very little vacancy since the property was built in 2017. Approximately $22,000 per month in rent revenue with few expenses make this an attractive investment offering. 2 of the units are office spaces and there are 2 bathrooms for the 36 units to share. Ample water & power available for tenant use. If you're listing for a solid investment property with room for rent growth and low maintenance, this is what you've been searching for.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 15134.0110 | Total Assessment | $2,543,370 (2026) |
| Land Assessment | $167,970 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,375,400 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
15134.0110
Land Assessment
$167,970 (2026)
Improvements Assessment
$2,375,400 (2026)
Total Assessment
$2,543,370 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Fast Lane | 10915 W Fast Ln