Commercial Real Estate Market in Veradale, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
227 active listings and 2,159 off-market properties in Veradale, WA. Commercial property asks $116/SF to buy and $18.98/SF/Yr to lease.
Market Trends
Veradale, WA spans 6.3 square miles in Spokane County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Veradale, WA asks $145/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail vacancy in Veradale, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Veradale, WA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Veradale, WA asks $196/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Veradale, WA has 15,907 residents in 6,189 households. Density runs 2,529 people per square mile. Median household income here is $83,886 and median gross rent $1,303 a month.
15,907
Population
6,189
Households
2.6
Avg Household Size
38
Median Age
30%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
2,529
Density / Sq Mi
$83,886
Median Household Income
$43,970
Median Earnings
$1,303
Median Rent
$446,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Liberty Lake | — | $14.67 |
| Millwood | — | — |
Commercial property in Veradale, WA asks $116/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Veradale?
Commercial property in Veradale, WA asks an average of $116 per square foot. The 6 most recent recorded sales traded at a median of $202/SF. Multifamily carries the highest asking price at $196/SF.
How much does it cost to lease commercial space in Veradale?
Asking lease rates in Veradale, WA average $18.98 per square foot per year.
Where does Realmo's Veradale market data come from?
Realmo compiles Veradale, WA figures from 7 recent recorded sales, 128 active sale listings, 99 active lease listings, 2,159 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 128 active for-sale and 99 active for-lease listings in Veradale, WA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
