For Sale
$575,000

217 Napa StSpokane, WA 99202

High-Occupancy Industrial Warehouse in Spokane, WA

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a 100% occupied, single-tenant warehouse located at 217 N Napa St, Spokane, WA 99202. The property, built in 1979 and renovated in 1981, boasts a light industrial zoning designation (Spokane County) and comprises a single building totaling [Building size - information not provided, please add this data]. Currently leased to Advanced Life Systems under a Net Lease (NNN) agreement, the tenant occupies the entire space through July 31, 2027, providing a stable income stream. The asking price for this turnkey investment is $575,000. Detailed building floor plans are available upon request. This property is ideally suited for investors seeking a secure, long-term, passive income generating asset in a desirable Spokane location. The property's location offers convenient access to major transportation routes, enhancing its logistical appeal. The 1981 renovation ensures the building is well-maintained and equipped to meet the needs of its current tenant. This is a rare opportunity to acquire a fully leased, low-maintenance industrial property in a thriving market. Further information, including detailed financial statements, is available to qualified buyers. Don't miss this chance to add a strong performing asset to your portfolio.

Highlights

  • $575,000 asking price.
  • Net-leased industrial warehouse in Spokane, WA.
  • 100% occupied by Advanced Life Systems through July 31, 2027.
  • Single-tenant, light industrial zoning.
  • 1979 construction, renovated in 1981.

Property Details for 217 Napa St

Property type
Warehouses, Industrial properties
Year Built/Renovated
1979/1981
Buildings
1

Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.659945870878
Longitude
-117.38126309374
217 Napa St, Spokane, Washington

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217 Napa St
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