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Retail Space Near Highway 195
For Lease
$22 SF/Yr

4241 S Cheney-Spokane Road, Spokane, WA 99224

Retail space available near Highway 195 and downtown Spokane.

Space Size2,304 SF
Property Size7,715 SF
Days on Market261

Property Features for 4241 S Cheney-Spokane Road

General Information

Standard status Active
Size 2,304 SF
Property subtype Retail Space
Lease Type SF/yr
Lease Term NNN

Building Details

Building Size 7,715 SF
Year Built 1999

Spaces For Lease

at 4241 S Cheney-Spokane Road Contact us

4241 S Cheney Spokane Road $22/SF/Yr

Size
2,304 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency:
Listed By: Chris Bell, SIOR
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 9 at 5:53AM

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.

A retail space is available for rent, offering 2,304 square feet in Suite E. The property is located off Highway 195, minutes from downtown. Ample parking is available. Neighboring tenants include Yokes, STCU, Chaps, Latah Bistro, and Elite Salon. The property is located on Cheney Spokane Road near the Highway 195 Interchange.

Key Highlights

  • Great Location: Minutes from Downtown and right off Highway 195.
  • Ample Parking Available
  • Suite E: 2,304 SF ±

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 99224, WA

24,085
Population
10,559
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
118.8 sq mi
ZIP Area
203
Density / Sq Mi
$76,785
Median Household Income
$50,678
Median Earnings
$1,290
Median Rent
$439,700
Median Home Value

Market

Lease Benchmarks for Spokane, WA

$17.98 /SF/Yr
Avg Asking Price
$8.48–$32 /SF/Yr
Price Range
9,723 SF
Avg Space Size

This space is priced 22% above the average of $17.98 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available near Highway 195 and downtown Spokane.
Where is this retail space located?
The property is located at 4241 S Cheney-Spokane Road Spokane, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Great Location: Minutes from Downtown and right off Highway 195.; Ample Parking Available; Suite E: **2,304 SF ±**
More about this property
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