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Average commercial rental rates range from $20 for Class A to less than $13 for Class C. Industrial land prices are in the range of $2.50 per sf to $5.50 per sq ft. Construction costs for industrial buildings are typically $60-$65 per square foot plus site preparation and building features. Lease rates for existing industrial buildings range from $0.11-$0.70 per square foot per month on a triple net lease.
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The Spokane region has a diverse inventory of properties and facilities for new or expanding businesses.