Highly Visible Office/Retail
9719 E Sprague Ave Spokane Valley, WA 99206
9719 E Sprague Ave, Spokane Valley, WA, 99206
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For Sale
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Two office/retail suites available with tenant-paid utilities and landlord-provided garbage and recycling.
Property Size3,495 SF
Price / SF$278.97
Days on Market49
Property Features for 9719 E Sprague Ave
General Information
- Standard status
- Active
- Size
- 3,495 SF
- Property subtype
- OFFICE
Listing Agency
G. Arger Co.Real Estate Inc.
(509) 844-8814
Listed by
Gene Arger · License #87101
(509) 844-8814
Source
Moodyscre
Added: Jun 3 Updated: Jul 10 at 1:49 pm Checked: Jul 20 at 4:01 am
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 G. Arger Co.Real Estate Inc.
Investment Insights
Based on property information with market context.
This property offers office/retail suites designed for businesses that need flexible storefront-style space. Two suites are currently available: Suite 9717 E Sprague offers 1,918 SF, and Suite 9723 E Sprague offers 1,576 SF. Rental terms include tenant responsibility for utilities and landlord responsibility for building garbage, trash, and recycling container services.
Located at 9719 E Sprague Ave in Spokane Valley, WA, the suites are described as highly visible along Sprague Ave. The property’s visibility and commercial positioning make it suitable for professional office users and retail or service tenants that benefit from being seen.
For tenants considering a lease, the mix of office and retail space can support a range of uses that need dedicated suite space. The utility structure is straightforward, with electric, gas, water, and sewer paid by the tenant, while the landlord handles building garbage, trash, and recycling container services—helping keep ongoing operating costs more predictable from lease to lease.
Located at 9719 E Sprague Ave in Spokane Valley, WA, the suites are described as highly visible along Sprague Ave. The property’s visibility and commercial positioning make it suitable for professional office users and retail or service tenants that benefit from being seen.
For tenants considering a lease, the mix of office and retail space can support a range of uses that need dedicated suite space. The utility structure is straightforward, with electric, gas, water, and sewer paid by the tenant, while the landlord handles building garbage, trash, and recycling container services—helping keep ongoing operating costs more predictable from lease to lease.
Key Highlights
- Two office/retail suites available on E Sprague Ave in Spokane Valley
- Suite at 9717 E Sprague offers 1,918 SF for $2,250 per month
- Suite at 9723 E Sprague offers 1,576 SF for $1,850 per month
Local Financial Insights For Office B
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 | $58.7k | $16.80 |
| − Vacancy | −$8.8k | −$2.52 |
| EGI | $49.9k | $14.28 |
| − OpEx | −$12.5k | −$3.57 |
| NOI | $37.4k | $10.71 |
3,495 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$534.7K
$467.9K – $623.9K
NOI $37,431 @ 7.0% cap · market cap 3.84%
Second Best
Retail
$463.0K
$405.1K – $540.2K
NOI $32,411 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$759.2K
$664.3K – $885.8K
NOI $53,146 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two office/retail suites available with tenant-paid utilities and landlord-provided garbage and recycling.
Where is this office units located?
The property is located at 9719 E Sprague Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two office/retail suites available on E Sprague Ave in Spokane Valley; Suite at 9717 E Sprague offers 1,918 SF for $2,250 per month; Suite at 9723 E Sprague offers 1,576 SF for $1,850 per month
