Central Sprague Retail Center

5605 E Sprague Ave, Spokane Valley, WA 99212

Property Information

  • For Sale $8,150,000
  • Property Type Retail
  • Property Size 37,480 SF
  • Lot Size 4.22 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated May 21, 2026

Description

Exceptional fully leased investment opportunity positioned as an outparcel to Costco, offering strong visibility and traffic counts along Sprague Avenue. The property is anchored by a complementary mix of national and regional tenants, including Dollar Tree, Boot Barn, and Aslin Finch, providing stable income and long-term appeal.

The site also offers future upside with the potential to develop an additional pad fronting Sprague Avenue, enhancing value through expansion or redevelopment. Strategically located within a high-demand retail corridor, this asset presents an attractive opportunity for investors seeking reliable cash flow with built-in growth potential.

Contacts

Erik Nelson

Kiemle Hagood

Location

Located at 5605 E Sprague Ave, Spokane Valley, WA 99212, this property is part of the Felts neighborhood and Spokane market.

Contact Listing Broker
Erik Nelson

Kiemle Hagood

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