Retail Showroom with Pylon
11410 E Sprague Ave Spokane Valley, WA 99206
11410 E Sprague Ave, Spokane Valley, WA, 99206
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For Sale
Contact for pricing
Large showroom with pylon signage plus two levels of office and warehouse space on a 2.30-acre lot.
Property Size33,130 SF
Lot Size2.30 Acres
Price / SF$90.40
Days on Market70
Property Features for 11410 E Sprague Ave
General Information
- Standard status
- Active
- Size
- 33,130 SF
- Lot size
- 2.30 Acres
- Property subtype
- RETAIL
Listing agency
Goodale & Barbieri Company
(509) 999-9324
Listed by
Cory Barbieri · License #B92954
(509) 999-9324
Source
Moodyscre
Added: May 15 Updated: Jul 22 at 3:48AM Checked: Jul 22 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goodale & Barbieri Company
Investment Insights
Based on property information with market context.
This retail/showroom property features a massive open showroom along with two levels of versatile office and warehouse space. Visibility is supported by pylon signage, and the site is set on a 2.30-acre lot with a sprawling private parking lot.
Located on the Sprague Avenue corridor in Spokane Valley, the property is described as being on a high-traffic thoroughfare and positioned near major brands including Costco and Home Depot.
Served by a Regional Commercial-zoned site, the overall layout is designed to combine showroom presence with functional back-of-house warehouse and office space within one facility.
Located on the Sprague Avenue corridor in Spokane Valley, the property is described as being on a high-traffic thoroughfare and positioned near major brands including Costco and Home Depot.
Served by a Regional Commercial-zoned site, the overall layout is designed to combine showroom presence with functional back-of-house warehouse and office space within one facility.
Key Highlights
- 33,130 SF retail building with a massive open showroom
- Pylon signage on the high‑traffic Sprague Avenue corridor
- Two levels of versatile office and warehouse space
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $282.3k | $8.52 |
| − Vacancy | −$27.7k | −$0.83 |
| EGI | $254.6k | $7.69 |
| − OpEx | −$38.2k | −$1.15 |
| NOI | $216.4k | $6.53 |
33,130 SF · lease $8.52/SF/yr · vacancy 9.80% · expense 15.00%
Alternative Uses
Best Use
Retail
$4.39M
$3.84M – $5.12M
NOI $307,234 @ 7.0% cap · market cap 10.26%
Second Best
Warehouse
$3.09M
$2.71M – $3.61M
NOI $216,415 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$7.20M
$6.30M – $8.40M
NOI $503,788 @ 7.0% cap · market cap 16.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Complete Suite Furniture ...
Furniture & Home Goods
Similar For Sale Nearby
Similar Off Market Nearby
- Perfection Tile LLC — 5722 N Progress Rd, Spokane Valley, WA 99216
FAQs
What type of property is this?
Showroom - Large showroom with pylon signage plus two levels of office and warehouse space on a 2.30-acre lot.
Where is this showroom located?
The property is located at 11410 E Sprague Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 33,130 SF retail building with a massive open showroom; Pylon signage on the high‑traffic Sprague Avenue corridor; Two levels of versatile office and warehouse space
