Northmarq is 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, creating a rare opportunity for investors seeking a well-located, adaptable industrial property.