For Sale

SINGLE-TENANT INDUSTRIAL INVESTMENT OPPORTUNITY

900 North Fancher Road,
Spokane Valley, WA 99212

Asset Snapshot

Student Housing
Industrial Subtype
7.88 Acres
Land Area

Offering Summary

Investment Overview

The facility is 100% occupied by an established, skilled manufacturing business boasting over 70 years of continuous operational history. With six years remaining on the initial lease term, the tenant provides immediate, predictable cash flow backed by deep-rooted commitment to the site. Current in-place rents are positioned below market, delivering meaningful mark-to-market upside for an investor at lease turnover or renewal while maintaining a low-management NNN structure. From a physical standpoint, the property offers a versatile mix of concrete tilt-up, heavy structural steel frame, and wood-frame construction tailored to specialized production needs. Further solidifying the asset’s long-term utility and replacement value, a comprehensive $1,000,000 power infrastructure upgrade is currently underway and scheduled for completion by the end of 2026. This substantial power expansion enhances the site’s overall operational capacity, positioning it to meet modern industrial demands for decades to come. Offered at $12,437,000, representing a 6.25% cap rate ($78.37 per square foot), this single-tenant NNN industrial offering presents an exceptional opportunity to acquire a high-yield manufacturing asset in the thriving Spokane Valley industrial submarket. The site features approximately 158,706 square feet of functional improvements distributed across five buildings on over 7.88 acres, fully zoned for Industrial use within Spokane Valley.


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Listing Syndicated From

Buildout
Accepting Offers
$12,437,000
Asking Price

Investment Sales Broker

Darren Slackman, SIOR
NAI Black

Market Insights