Property profile

4603 Sprague Ave Spokane Valley, WA 99212

OFF-MARKET
Retail properties & Spaces
21,120 SF
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Property summary

AI-generated overview

This exceptional 21,120 square foot retail property, located at 4603 E Sprague Ave in Spokane Valley, WA 99212, presents a rare ground lease opportunity. Situated at a highly visible, lighted intersection, this single-tenant space offers unparalleled access and exposure. The property benefits from its proximity to major retailers including Walmart, Costco, Home Depot, and Lowe's, ensuring a substantial customer base. The zoning is Regional Commercial, allowing for a wide range of retail uses. The entire 21,120 square feet is currently vacant, providing a blank canvas for a new business or expansion. Its convenient location offers easy accessibility from Interstate 90, further enhancing its appeal. Excellent signage opportunities are available, maximizing visibility and brand recognition. This property is ideal for businesses seeking a high-traffic location with strong visibility and proximity to established retailers in a thriving Spokane Valley commercial area. The property is zoned for Regional Commercial use.

Property profile

Verified
Property type Retail properties & Spaces
Total area 21,120 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4603 Sprague Ave Spokane Valley, WA 99212
Spokane Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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