Spokane Valley, WA Commercial Real Estate for Lease and Sale

Explore 78 listings of Spokane Valley commercial real estate for lease and for sale to find the best space for your business.

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6506 E Main Ave

6506 E Main Ave, Felts, Spokane, WA
Property

Industrial

1,600 SF
Year Built

1940
For Sale

$225,000
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8104 - 8122 E Sprague Ave

8104 - 8122 E Sprague Ave, Dishman, Spokane, WA
Property

VacantLand

24,527 SF
For Sale

$1,300,000
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3524 N Eden Rd

3524 N Eden Rd, Greenacres, Spokane, WA
Property

Industrial

18,110 SF
Availability

1 Space

6,000 SF
Year Built

1998
For Lease

$0.75/SF/MO
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Argonne Mullan Plaza

920 N Argonne Rd, Mission Park, Spokane Valley, WA
Property

Office

38,484 SF
Availability

1 Space

5,200 SF
For Lease

$16.00/SF/YR
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4155 N Barker Road

4155 N Barker Road, Greenacres, Spokane Valley, WA
Property

Land

472,626 SF
Availability Contact for availability

For Lease Contact for pricing
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H & F Center

1101 - 1121 N Argonne Rd, Centennial, Spokane Valley, WA
Property

Office

53,965 SF
Availability

1 Space

1,586 SF
For Lease

$16.00/SF/YR
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8921 East Alki Avenue

8921 East Alki Avenue, Centennial, Spokane Valley, WA
Property

Office

2,088 SF
Availability

1 Space

2,088 SF
Year Built

1998
For Lease

$2,700.00/MO
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Green Acres Distribution Center

17710 E Euclid Ave, Greenacres, Spokane Valley, WA
Property

VacantLand
Availability

1 Space

192,306 SF
For Lease Contact for pricing
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Corner Lot on East Sprague Ave

16224 E Sprague Ave, Central Valley, Veradale, WA
Property

VacantLand
Availability

1 Space

16,976 SF
For Lease

$3,500.00/MO
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12219 E Sprague Ave

12219 E Sprague Ave, Mission Park, Spokane, WA
Property

Retail

2,226 SF
Year Built

1967
For Sale

$900,000
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Montgomery Business Park

9922 East Montgomery Drive, Montgomery, Spokane Valley, WA
Property

Industrial

102,000 SF
Availability

4 Spaces

14,288 SF
Year Built

1976
For Lease

$1,905.00 - $3,500.00/MO
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806 N Park Rd

806 N Park Rd, Centennial, Spokane, WA
Property

Retail

9,503 SF
Availability

4 Spaces

6,742 SF
Year Built

2015
For Lease

$14.00 - $18.00/SF/YR
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Trent Plaza

8517 East Trent Avenue, Millwood, Spokane, WA
Property

Office

69,777 SF
Availability

1 Space

8,980 SF
Year Built

1972
For Lease

$18.00/SF/YR
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826 N Mullan Rd

826 N Mullan Rd, Mission Park, Spokane Valley, WA
Property

Office

8,012 SF
Availability

1 Space

3,500 SF
Year Built

1992
For Lease

$12.00/SF/YR
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12219 E Sprague Ave

12219 E Sprague Ave, Mission Park, Spokane, WA
Property

Retail

2,226 SF
Availability

1 Space

2,226 SF
Year Built

1967
For Lease

$4,000.00/MO
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4206 N Best Rd

4206 N Best Rd, Trentwood, Spokane Valley, WA
Property

Flex Space

12,500 SF
Availability

1 Space

2,250 SF
Year Built

2017
For Lease

$2,200.00/MO
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8104 - 8122 E Sprague Ave

8104 - 8122 E Sprague Ave, Dishman, Spokane, WA
Property

VacantLand

24,527 SF
Availability

1 Space

24,527 SF
For Lease

$2,500.00/MO
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Spokane Business Park - 16125 East Euclid Avenue

16125 East Euclid Avenue, Industrial Park, Spokane Valley, WA
Property

Industrial

82,000 SF
Availability

1 Space

81,322 SF
Year Built

2003
For Lease

$0.70/SF/MO
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20 N Raymond Rd

20 N Raymond Rd, Mission Park, Spokane Valley, WA
Property

Retail

8,146 SF
Year Built

1971
For Sale

$1,650,000
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9310 East Knox Avenue D1 & D8

9310 East Knox Avenue D1 & D8, Montgomery, Spokane, WA
Property

Industrial

7,552 SF
Availability

1 Space

944 SF
For Lease

$650.00/MO
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17416 E. Sprague Ave.

17416 E. Sprague Ave., Saltese, Spokane Valley, WA
Property

Retail

2,318 SF
Year Built

1927
For Sale

$325,000
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15912 E Marietta Avenue

15912 E Marietta Avenue, Industrial Park, Spokane Valley, WA
Property

Office

40,300 SF
Availability

2 Spaces

8,248 SF
Year Built

1999
For Lease

$24.00/SF/YR
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303 S University Rd

303 S University Rd, Opportunity, Spokane, WA
Property

Office

1,520 SF
Availability Contact for availability
Year Built

1939
For Lease Contact for pricing
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1309 N Evergreen Rd

1309 N Evergreen Rd, Progress, Spokane Valley, WA
Property

Multi-Family

70,529 SF
Year Built

1997
For Sale

$7,200,000
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13407 E Sprague Avenue

13407 E Sprague Avenue, Blake, Spokane Valley, WA
Property

Retail

2,092 SF
Availability

1 Space

2,092 SF
Year Built

1908
For Lease

$16.00/SF/YR
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2818 North Sullivan Road
Burbity Workspaces
2818 North Sullivan Road #100, Spokane Valley, WA
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Free water

High-speed internet

High-speed wifi

Mail services

Parking

Printer

Privacy booths

Receptionist/Secretarial services

TV/Monitor
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Spokane Valley commercial real estate market incorporates 377,144 square feet of office space across 21 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Spokane Valley commercial real estate market includes 765,455 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Spokane Valley market, there is a total of 891,916 square feet of industrial property.

The listing inventory in Spokane Valley incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Spokane Valley is represented by Retail space, which accounts for 526,307 square feet of available listings. Industrial space available in Spokane Valley adds up to 321,108 square feet.

Meanwhile, most of the listings of commercial property for sale in Spokane Valley are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Spokane Valley is $12.27 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Spokane Valley can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Spokane Valley, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Spokane Valley is in the Montgomery neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Blake area.

Meanwhile, retail space opportunities are most abundant in the Centennial submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Montgomery.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot. In particular, the property type commanding the highest lease rates in Spokane Valley was Office space.

The average size of a commercial property in Spokane Valley depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Spokane Valley, the average size of an office property is 19,850 square feet.
Retail properties here incorporate an average of 36,451 square feet.
Industrial space in Spokane Valley is in buildings that are, on average 44,596 square feet in size.

Spokane Valley, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Spokane Valley currently add up to 1,143,854 square feet. The market offers 17 active office listing(s), which amount to 94,345 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 341,716 square feet across 15 retail space(s). Industrial space for rent opportunities in Spokane Valley amount to 321,108 square feet across a total of 15 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	17	94,345
Retail	15	341,716
Industrial	15	321,108
Other	9	386,685

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Spokane Valley, WA. Currently, there is 414,191 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 6 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	50,519
Retail	6	25,325
Industrial	5	172,074
Other	8	166,273

Spokane Valley, WA Commercial Real Estate for Lease and Sale

6506 E Main Ave

8104 - 8122 E Sprague Ave

3524 N Eden Rd

Argonne Mullan Plaza

4155 N Barker Road

H & F Center

8921 East Alki Avenue

Green Acres Distribution Center

Corner Lot on East Sprague Ave

12219 E Sprague Ave

Montgomery Business Park

806 N Park Rd

Trent Plaza

826 N Mullan Rd

12219 E Sprague Ave

4206 N Best Rd

8104 - 8122 E Sprague Ave

Spokane Business Park - 16125 East Euclid Avenue

20 N Raymond Rd

9310 East Knox Avenue D1 & D8

17416 E. Sprague Ave.

15912 E Marietta Avenue

303 S University Rd

1309 N Evergreen Rd

13407 E Sprague Avenue

2818 North Sullivan Road

Frequently Asked Questions

Spokane Valley, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Spokane Valley, WA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Spokane Valley, WA?

What factors affect the price of commercial real estate in Spokane Valley, WA?

What is the average rent for commercial space in Spokane Valley, WA?

What are the best areas for commercial real estate in Spokane Valley, WA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Spokane Valley, WA?

Spokane Valley, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us