2101 E Sprague Ave Spokane, WA 99202
Freestanding retail building with paved, fenced auto lot and dual commercial zoning along E Sprague Ave.
Property Features for 2101 E Sprague Ave
General Information
- Standard status
- Active
- Size
- 3,734 SF
- Lot size
- 0.69 Acres
- Property subtype
- Retail - Street Retail
Building Details
- Year Built
- 1970
Listing office NAI Black
Listing date Jul 13, 2026
Source Commercialcafe
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Investment Insights
Based on property information with market context.
The property is located at E Sprague Ave and N Crestline St. Average daily traffic is reported at 120,452 ADT on E Sprague Ave and 7,100 ADT on N Napa St, providing visibility for retail and related uses.
Zoning is listed as CC2-EC and CC1-EC.
Key Highlights
- Freestanding retail building with 3,734 SF plus paved, fenced auto lot
- Auto lot includes 0.69 acres of total land
- Built in 1970
Local Financial Insights For Retail
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 | $60.5k | $16.20 |
| − Vacancy | −$5.1k | −$1.38 |
| EGI | $55.3k | $14.82 |
| − OpEx | −$16.6k | −$4.45 |
| NOI | $38.7k | $10.38 |
Alternative Uses
Property Analytics
Current Use by Public Records
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