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    4202 Sprague Ave Spokane, WA 99202

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Sprague Ave location, 2700 sq ft.

    Lot size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,700 square foot retail space is ideally situated at 4202 E Sprague Ave in Spokane, Washington, within Spokane County (zip code 99202). The property boasts excellent visibility on Sprague Avenue, offering significant exposure to high traffic volume. Previously occupied by Metro PCS, this single-tenant space is currently vacant and ready for immediate occupancy. A key feature is the inclusion of a drive-thru window, adding significant operational flexibility for a variety of retail businesses. The lease rate is $14.00 per square foot, triple net (NNN), with estimated additional NNN expenses of approximately $5.00 per square foot. The property's convenient location near Avista Stadium provides further advantages, tapping into the foot traffic generated by events and activities at the stadium. This retail space presents a compelling opportunity for businesses seeking a high-visibility location with a desirable drive-thru feature in a thriving Spokane neighborhood. The property is classified as commercial retail and is ready for immediate lease.

    Property Features for 4202 Sprague Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,700 SF

    Unit(s) available at that property

    Space
    Size
    2,700 SF
    Rate per SF
    $14

    HighLights

    • 2,700 SF retail space at 4202 E Sprague Ave, Spokane, WA 99202.
    • High‑visibility location on Sprague Ave with high traffic volume.
    • Previously occupied by Metro PCS, vacant and ready for immediate occupancy.
    • Features a drive‑thru window.
    • $14.00/SF NNN lease rate, with estimated NNN expenses of $5.00/SF.
    • Convenient location near Avista Stadium.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.34854734028
    Latitude
    47.656616118413

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    FAQs

    What type of property is this?
    Retail property - Prime Sprague Ave location, 2700 sq ft.
    Where is this retail property located?
    The property is located at 4202 Sprague Ave Spokane, WA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 2,700 SF retail space at 4202 E Sprague Ave, Spokane, WA 99202.; High-visibility location on Sprague Ave with high traffic volume.; Previously occupied by Metro PCS, vacant and ready for immediate occupancy.
    Request Owner's contact information
    4202 Sprague Ave Spokane, WA 99202
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    Spokane, WA 99202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4202 Sprague Ave Spokane, WA 99202
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