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Chuck E. Cheese's Retail Property
For Sale
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14919 E Sprague Ave, Spokane Valley, WA 99216

Long-term occupancy is supported by a 10.5-year firm lease term and three renewal options.

Property SizeContact for details
Days on Market143

Property Features for 14919 E Sprague Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: Kidder Mathews Seattle
Listed By: David Gellner · License #WA 112893
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:37PM

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 Kidder Mathews Seattle

Investment Insights

Based on property information with market context.

This retail property is occupied by Chuck E. Cheese's under a lease with 10.5 years remaining on the firm term. The tenant completed an eight-year extension ahead of schedule, and the agreement includes three additional five-year options with 5% increases during each option period.

Positioned on E Sprague Avenue, the property benefits from daily vehicle traffic over 22,100 and is less than a mile from I-90. The site is near daily-needs retail and within a high-density residential area, with 135,377 residents located within a 15-minute radius. Average incomes within that radius are $75,731. Chuck E. Cheese's operates more than 600 locations across the United States.

Key Highlights

  • 10.5 years remaining on the firm lease term
  • Three 5‑year options with 5% increases each option
  • Located on E Sprague Avenue with daily traffic over 22,100

Property Analytics

Current Use

Buddy V's Cake ... Restaurant Pasqually's Pizza & Wings Restaurant Chuck E. Cheese Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

Demographics for 99216, WA

28,379
Population
12,703
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
1,999
Density / Sq Mi
$69,958
Median Household Income
$40,652
Median Earnings
$1,307
Median Rent
$336,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

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

What type of property is this?
Retail space - Long-term occupancy is supported by a 10.5-year firm lease term and three renewal options.
Where is this retail space located?
The property is located at 14919 E Sprague Ave Spokane Valley, WA.
What are key features of this property?
This property features: 10.5 years remaining on the firm lease term; Three 5‑year options with 5% increases each option; Located on E Sprague Avenue with daily traffic over 22,100
(206) 296-9600 Call to check price and availability
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