Property summary
This exceptional retail space, Suite 200, totaling 1,620 square feet, is available for lease starting March 1, 2025. Located at 5320 E Sprague Ave in Spokane Valley, WA 99212, this property benefits from its prime location within a high-traffic area boasting 22,700 cars per day on Sprague Avenue. The building itself is 19,780 square feet and was constructed in 1968. Currently, 14,620 square feet are vacant, presenting a unique opportunity for a business seeking significant space. The property features convenient access to and from Interstate 90, providing excellent visibility and accessibility. Ample parking is available with 44 parking stalls. The property sits on a sizable lot of approximately 44,000 square feet. This location offers exceptional synergy with established national retailers, including Home Depot, Lowe's, Costco, Walmart, Starbucks, and Panda Express, creating a strong retail environment and attracting significant foot traffic. The property's APN is 358231.1511, and it is situated in Spokane County. This is an ideal opportunity for a business seeking high visibility and a strong customer base in a thriving retail corridor.
Property profile
VerifiedCap rate & NOI
Current use
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Florist Wedding Service
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Garden Center Landscaping
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Take-out & Catering
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Tutoring Service Training Center
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Telecommunications Service Data Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Spokane Valley market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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