Retail/Warehouse Space Available For
For Sale
Contact for pricing
4630 E Sprague Ave, Spokane, WA
15,000 SF retail/warehouse space available Spring 2025.
Property Size15,000 SF
Lot Size1.82 Acres
Price / SF$346.67
Days on Market415
Property Features for 4630 E Sprague Ave
General Information
Standard status
Active
Size
15,000 SF
Lot size
1.82 Acres
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 4630 E Sprague Ave
4630 E Sprague Ste B
AVAILABLE
Size
15,000 SF
Type
RETAIL
Lease Type
NNN
Former location of Advanced Auto Parts; 15000 SF retail, commercial, warehousing available to lease.
Building is also for sale.
Contact us
Listing Agency:
Kiemle Hagood
(509) 838-6541
Listed By:
Mark Lucas
(509) 755-7524
Source:
Moodyscre
Added: Aug 27, 2025
Changed: Sep 4
Last Checked: Oct 15 at 12:27AM
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 Kiemle Hagood
Investment Insights
Based on property information with market context.
This property, formerly an Advanced Auto Parts location, offers 15,000 square feet of retail, commercial, and warehousing space. It is available for lease starting in Spring 2025.
Key Highlights
- 15000 SF of space available, ideal for various business needs.
- Suitable for retail, commercial, or warehousing use.
- Available for lease Spring 2025.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,642
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,112,840
$3.1M
Cap Rate 7%
$2,223,457
$2.2M
Cap Rate 9%
$1,729,356
$1.7M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$243.0K $16.20/SF
− Vacancy
−$20.7K −$1.38/SF
EGI
$222.3K $14.82/SF
− OpEx
−$66.7K −$4.45/SF
NOI
$155.6K $10.38/SF
Area
Spokane, WA
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,112,840
Cap Rate 7%
$2,223,457
Cap Rate 9%
$1,729,356
Alternative Uses
Best Use
Retail
$2.22M
$1.95M – $2.59M
NOI $155,642 @ 7.0% cap · market cap 2.99%
Second Best
Warehouse
$1.40M
$1.22M – $1.63M
NOI $97,984 @ 7.0% cap · market cap 1.88%
Theoretical Best
Office A
$3.87M
$3.39M – $4.52M
NOI $270,900 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 15,000 SF retail/warehouse space available Spring 2025.
Where is this retail space located?
The property is located at 4630 E Sprague Ave Spokane, WA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 15000 SF of space available, ideal for various business needs.; Suitable for retail, commercial, or warehousing use.; Available for lease Spring 2025.
