13414 E Sprague Ave Spokane Valley, WA 99216
For Lease
1 / 12
Valley Plaza Shopping Center, located at 13414 E Sprague Ave, Spokane Valley, WA 99216, presents a significant commercial real estate opportunity. This 90,585 square foot retail center, built in 1987 and renovated in 1994, sits on 11.15 acres of land with prominent Sprague Avenue frontage. The property features a substantial 55,168 square foot anchor tenant suite, ideal for a variety of uses, including large-scale retail, office, or service businesses. Its multiple tenancy structure provides a diverse and established customer base. The property's APN is 45221.9314. Beyond the existing retail space, the property also includes developable pad sites, offering exceptional potential for new construction and expansion. This prime location in the heart of Spokane Valley ensures high visibility and accessibility, making it an attractive investment for businesses seeking a thriving market. The property's size, location, and existing infrastructure combine to create a compelling opportunity for significant return on investment. The combination of established retail space and development potential makes this a unique and versatile property. This is a chance to acquire a well-positioned commercial property in a dynamic and growing area.
-
Joseph E. Samek, RPh Pharmacy
-
Megan Baldwin, PharmD Pharmacy
-
Jeff Simpson, RPH Pharmacy
-
Kwon Marielle OD Physician
-
higi Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.