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Corner Retail Office Suites
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706 1st St, Cheney, WA 99004

Newly renovated suites for lease are delivered as vanilla shell space in a downtown corner location.

Space Size3,800 SF
Days on Market860

Property Features for 706 1st St

General Information

Standard status Active
Size 3,800 SF
Property subtype RETAIL
Lease Type NNN

Building Details

Year Renovated 2025

Spaces For Lease

at 706 1st St Contact us

Renovated Cheney Retail/Office on High-Visibility Corner $1,500 – $3,500/Mo

Size
3,800 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
-Newly Renovated In July 2025 -Three Retail/Office Suites Available For Lease -Prime...
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Listing Agency: SVN Cornerstone LLC
Listed By: Andrew Keef · License ##23007080
Source: Moodyscre
Added: May 7, 2024 Changed: Sep 8 Last Checked: Sep 12 at 9:56AM

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 SVN Cornerstone LLC

Investment Insights

Based on property information with market context.

These newly renovated retail/office suites were updated in July 2025 and are available for lease. Three suites are currently offered, with space delivered as a vanilla shell for tenant customization.

The property is located at the corner of 1st St and C St in downtown Cheney. It is within walking distance of the Eastern Washington University (EWU) campus and offers visibility and foot traffic in the downtown area.

The configuration supports either retail or office use based on the delivered retail/office format, with modern and updated space intended for direct build-out by the incoming tenant.

Key Highlights

  • Three retail/office suites available for lease
  • Newly renovated in July 2025
  • Located on the corner of 1st St and C St in downtown Cheney

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Dental Office Auto Repair Shop Building Supply Auto Parts Store

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
$0.71 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 99004, WA

23,064
Population
8,992
Households
2.6
Avg Household Size
29
Median Age
36%
College-Educated
93%
High-School Grad
334.3 sq mi
ZIP Area
69
Density / Sq Mi
$62,014
Median Household Income
$29,835
Median Earnings
$1,081
Median Rent
$368,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Newly renovated suites for lease are delivered as vanilla shell space in a downtown corner location.
Where is this retail space located?
The property is located at 706 1st St Cheney, WA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Three retail/office suites available for lease; Newly renovated in July 2025; Located on the corner of 1st St and C St in downtown Cheney
(509) 628-6678 Call to check price and availability
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