Spokane Valley Retail/Office
For Lease
$12 SF/Yr
122 N University Road, Spokane Valley, WA 99206
Available retail/office spaces in Spokane Valley, ranging from 353± SF.
Property Size11,414 SF
Days on Market252
Property Features for 122 N University Road
General Information
Standard status
Active
Size
11,414 SF
Property subtype
Office/Retail
Building Details
Year Built
1970
Listing Agency:
Black Commercial, Inc.
(509) 202-5458
Listed By:
Clayton Crockett
(509) 202-5458
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 30 at 4:24AM
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 Black Commercial, Inc.
Investment Insights
Based on property information with market context.
The property offers available spaces totaling approximately 2,611 square feet. Spaces can be combined to suit different needs. Suite 102 offers approximately 353 square feet, Suite 103 provides approximately 357 square feet, and Suite 201 features approximately 1,901 square feet. The property benefits from pylon signage. It is located on University Road, which has a traffic count of approximately 7,000 ADT (Average Daily Traffic). The zoning is CMU (Commercial Mixed Use). The Parcel ID number is 45163.0532. The property size is 11,414 square feet.
Key Highlights
- 2,611± SF total space available, suites can be combined.
- Suite 201 offers 1,901± SF.
- Benefit from pylon signage.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Explore this area
Business Placement
Demographics for 99206, WA
39,842
Population
17,339
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
95%
High-School Grad
23.4 sq mi
ZIP Area
1,703
Density / Sq Mi
$75,538
Median Household Income
$42,018
Median Earnings
$1,174
Median Rent
$362,100
Median Home Value
Market
Lease Benchmarks for Spokane Valley, WA
$20.75 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
17,804 SF
Avg Space Size
This space is priced 42% below the average of $20.75 /SF/Yr.
Properties on Market for Office Units in Spokane Valley
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Available retail/office spaces in Spokane Valley, ranging from 353± SF.
Where is this office units located?
The property is located at 122 N University Road Spokane Valley, WA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 2,611± SF total space available, suites can be combined.; Suite 201 offers 1,901± SF.; Benefit from pylon signage.
