Search
Single-Tenant Car Wash Property
For Sale
$850,000

7202 E Sprague Ave, Spokane, WA 99212

The property combines an attached rental-car operation with a dedicated carwash under a single-tenant lease.

Property Size1,368 SF
Days on Market68

Property Features for 7202 E Sprague Ave

General Information

Standard status Active
Size 1,368 SF
Property subtype Retail

Building Details

Building Size 1,368 SF
Year Built 1954
Listing Agency:
Listed By: Guy D. Byrd, SIOR · License #WA #17968
Source: Svncornerstone
Added: Jun 25 Changed: Aug 29 Last Checked: Aug 30 at 2:06PM

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 Guy D. Byrd, SIOR

Investment Insights

Based on property information with market context.

Built in 1954, the property includes a car rental facility with an attached carwash. The asset is leased to Enterprise Rent-A-Car as a single-tenant operation, combining automotive rental and wash functions within one facility.

Located at 7202 E Sprague Ave in Spokane Valley, the property is positioned between E Appleway Blvd and E Sprague Ave. The lease has 3 years remaining and terminates on 1/31/2027, with 2% annual escalations and two additional 5-year renewal options. Reported average daily travel is 16,012 on E Appleway Blvd and 19,671 on E Sprague Ave.

Key Highlights

  • Single‑tenant property leased to Enterprise Rent‑A‑Car
  • Car rental facility with attached carwash
  • Lease terminates on 1/31/2027 with 3 years remaining

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Pharmacy (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 99212, WA

21,672
Population
9,496
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
1,762
Density / Sq Mi
$66,250
Median Household Income
$39,829
Median Earnings
$1,184
Median Rent
$314,300
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Car wash - The property combines an attached rental-car operation with a dedicated carwash under a single-tenant lease.
Where is this car wash located?
The property is located at 7202 E Sprague Ave Spokane, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Single‑tenant property leased to Enterprise Rent‑A‑Car; Car rental facility with attached carwash; Lease terminates on 1/31/2027 with 3 years remaining
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message