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10915 W Fast Ln - Fast Lane 82,764 SF Specialty Building Offered at $3,200,000 at a 6.46% Cap Rate in Airway Heights, WA 99001
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.
Property Facts
| Price | $3,200,000 | Building Size | 82,764 SF |
| Price Per SF | $38.66 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2017 |
| Cap Rate | 6.46% | Opportunity Zone |
Yes
|
| Property Type |
| Price | $3,200,000 |
| Price Per SF | $38.66 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.46% |
| Property Type | |
| Building Size | 82,764 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Opportunity Zone |
Yes |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100
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10915 W Fast Ln - Fast Lane