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Retail Space Near Major Retailers
For Lease
$5,500/Mo

5428 E Sprague Avenue, Spokane Valley, WA 99212

4,000 SF retail space with high-visibility frontage on Sprague Avenue.

Space Size4,000 SF
Days on Market270

Property Features for 5428 E Sprague Avenue

General Information

Standard status Active
Size 4,000 SF
Property subtype Retail
Lease Term NNN; Ground

Building Details

Building Size 4,000 SF

Spaces For Lease

at 5428 E Sprague Avenue Contact us

5428 E Sprague Pad Site

Type
Retail-Pad
Term
Negotiable
Rate
Contact for pricing
Contact us

Building $5,500/Mo

Size
4,000 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Chris Bell, SIOR
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 18 at 4:38AM

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 Chris Bell, SIOR

Investment Insights

Based on property information with market context.

This retail space offers approximately 4,000 square feet of building area on a lot of about 20,038 square feet. The property is zoned GC-70 and includes on-site parking. Pylon signage is available. The location provides easy access to and from I-90 and features frontage on Sprague Avenue. Situated across the street from Costco and Home Depot, the property benefits from its proximity to major retailers, including Lowes and Walmart.

Key Highlights

  • Great location across the street from Costco and Home Depot with easy access to Lowes and Walmart.
  • High visibility with great frontage on Sprague Avenue.
  • Easy access to and from I‑90.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 99212, WA

21,672
Population
9,496
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
1,762
Density / Sq Mi
$66,250
Median Household Income
$39,829
Median Earnings
$1,184
Median Rent
$314,300
Median Home Value

Market

Lease Benchmarks for Spokane Valley, WA

$15.31 /SF/Yr
Avg Asking Price
$9–$25 /SF/Yr
Price Range
16,454 SF
Avg Space Size

This space is priced 8% above the average of $15.31 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 4,000 SF retail space with high-visibility frontage on Sprague Avenue.
Where is this retail space located?
The property is located at 5428 E Sprague Avenue Spokane Valley, WA.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: Great location across the street from Costco and Home Depot with easy access to Lowes and Walmart.; High visibility with great frontage on Sprague Avenue.; Easy access to and from I‑90.
More about this property
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