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Miscellaneous

Great Floors Sale/Leaseback | Spokane, WA

13708 E Indiana Ave, Spokane Valley, WA 99216

Listing Price: $8,375,758

Cap Rate
5.05%
Tenant Name
Great Floors
Guarantor
Corporate Guarantee
Rentable SF
46,000
Lease Type
Double Net
Rent Per Square Feet
$9.19

Investment Overview

RARE GREAT FLOORS CORPORATE GUARANTEED FLEX INDUSTRIAL LOCATION FEATURING A NEW 10-YEAR LEASE WITH ANNUAL RENT INCREASES LOCATED IN RAPIDLY GROWING SPOKANE VALLEY, WA

Investment Highlights

  • STRONG CORPORATE GUARANTEE
  • BRAND NEW 10-YEAR CORPORATE LEASE
  • AAA FREEWAY LOCATION WITH VISIBILITY TO OVER 87,800 VPD IN HIGH-GROWTH SUBMARKET
  • 2% ANNUAL RENT INCREASES
  • STRONG STORE SALES/COVID-RESISTANT TENANT
  • HIGH-QUALITY FLEX INDUSTRIAL PROPERTY
  • RECENTLY RENOVATED LOCATION
  • BELOW MARKET RENT

Exclusively Listed By

Financing By

Miscellaneous

Great Floors Sale/Leaseback | Spokane, WA

Listing Price: $8,375,758

Cap Rate
5.05%
Tenant Name
Great Floors
Guarantor
Corporate Guarantee
Rentable SF
46,000
Lease Type
Double Net
Rent Per Square Feet
$9.19

Investment Highlights

  • STRONG CORPORATE GUARANTEE
  • BRAND NEW 10-YEAR CORPORATE LEASE
  • AAA FREEWAY LOCATION WITH VISIBILITY TO OVER 87,800 VPD IN HIGH-GROWTH SUBMARKET
  • 2% ANNUAL RENT INCREASES
  • STRONG STORE SALES/COVID-RESISTANT TENANT
  • HIGH-QUALITY FLEX INDUSTRIAL PROPERTY
  • RECENTLY RENOVATED LOCATION
  • BELOW MARKET RENT

Investment Overview

RARE GREAT FLOORS CORPORATE GUARANTEED FLEX INDUSTRIAL LOCATION FEATURING A NEW 10-YEAR LEASE WITH ANNUAL RENT INCREASES LOCATED IN RAPIDLY GROWING SPOKANE VALLEY, WA

Exclusively Listed By

Financing By

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