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4616 S Ben Franklin Lane

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4616 S Ben Franklin Lane

4616 Ben Franklin Ln, Cheney, WA 99224
Industrial For Sale Available Built 1987 1 floors Zoning: LI
Asking Price
$3,415,000
Total Building25,200 SF
Land146,362 SF land
ConstructionMasonry
MarketSouth Spokane County
CountySpokane

Read Overview
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Overview

Property ID
292191
Listing ID
705902
Type
Industrial
Asset Class
Industrial
Zoning
LI

Description

We are pleased to present the exclusive sale offering for BakeMark Cold Storage & Distribution, a 25,200 SF industrial facility situated on a 3.36-acre parcel in Spokane’s highly competitive West Plains submarket. The property’s functional design, cold storage capability, ample yard & trailer parking, and hydraulic dock levelers make it ideal for logistics and food distribution users.Currently leased to BakeMark, a leading bakery ingredient distributor with 38 branches across the U.S. and Canada, the asset offers secure in-place income through April 2027. Upon expiration, investors can capitalize on a 70% jump to market rents, unlocking significant upside in a supply-constrained segment. In a submarket dominated by Class A developments, smaller freezer-equipped facilities remain scarce,

Listing Courtesy of:

RV
Raymond Vara
Northmarq Commercial, LLC
130 Nickerson Street, Ste 211,
Seattle, WA 98109
State: WA City: Cheney ZIP: 99224 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.