Spokane Valley, WA Commercial Real Estate for Lease and Sale

Explore 165 listing(s) of commercial real estate in Spokane Valley, WA to find the best space for your business.

CRE Market FAQs

502 N Argonne Road

502 N Argonne Rd, Mission Park, Spokane Valley, WA
Space Type

Land
For Lease Contact for pricing

1 space available / 30,492 SF
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University Professional Center

122 N University Road, Mission Park, Spokane Valley, WA
Space Type

Office
For Lease

$12.00/SF/YR
3 spaces available / 353 - 1,901 SF
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Evergreen Crossing Shopping Center

13902 East Indiana Avenue, Mirabeau Park, Spokane, WA
Space Type

Retail
For Lease

$28.00/SF/YR
1 space available / 2,000 SF
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12509 E Mission Avenue

12509 E Mission Avenue, Blake, Spokane Valley, WA
Space Type

Office
For Lease

$21.00/SF/YR
1 space available / 2,075 SF
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18809 E Euclid Avenue

18809 E Euclid Avenue, Greenacres, Spokane Valley, WA
Property Type

Industrial
For Sale

$2,995,000
Property size 8,300 SF
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North Pines Professional Building

1005 N Pines Rd, Mission Park, Spokane Valley, WA
Space Type

Office
For Lease

$12.00/SF/YR
9 spaces available / 585 - 1,992 SF
View Details

Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Spokane Valley:
- Office Space: The market includes 757,248 square feet of office spaces in addition to 57 coworking locations.
- Retail Space: Between malls, restaurants and stores, Spokane Valley is home to 1,198,313 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 1,570,563 square feet of available space in Spokane Valley.
The average rent for commercial real estate in Spokane Valley is $11.94 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Spokane Valley costs $6, while the city’s premium locations ask up to $18.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 24,213 square feet.
- Class B properties are sized 39,703 square feet, on average.
- Class C properties span an average of 12,996 square feet.
The best area for commercial real estate in Spokane Valley will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Mission Park, home to no fewer than 27 listings for space of all types. If you're looking for office space, Mission Park has the highest concentration of office listings at 23.

Meanwhile, Greenacres has the highest number of industrial availabilities (11), while Opportunity boasts the largest number of retail listings in the city (7).
CommercialCafe’s CRE offering in Spokane Valley is enabled by a network of 84 active brokers from 27 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $18 per square foot. In particular, the property type commanding the highest lease rates in Spokane Valley is Office space.
The average size of a commercial property here stands at 873,876. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Spokane Valley:
Office properties:
- Average size: 18,932 square feet.
- Largest property: Space Available (65,963 square feet).
Retail properties:
- Average size: 31,535 square feet.
- Largest property: 10220 E Sprague Avenue (96,940 square feet).
Industrial properties:
- Average size: 35,695 square feet.
- Largest property: Land Available (129,989 square feet).

Spokane Valley, WA Commercial Space Listings

Commercial Space for Lease - Breakdown

The 111 listings for commercial real estate currently available for rent in Spokane Valley add up to 2,259,557 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	38	234,867
Retail	25	380,758
Industrial	32	701,171
Other	16	942,761

Office properties:

The market has 38 active office listings, encompassing 234,867 square feet.
Spokane Valley office spaces currently listed on CommercialCafe represent 34% of the total commercial real estate market in Spokane Valley, compared to an average of 39% across all markets tracked by CommercialCafe.

Retail Space:

There are 25 retail listings available, adding up to a total of 380,758 square feet.
Retail spaces account for approximately 22% of the local commercial market, while the average share taken up by retail in all U.S. markets is 34%.

Industrial Space:

The industrial market in Spokane Valley offers 32 listings, amounting to 701,171 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 28% of the total commercial space available in the market, compared to a nationwide average of 25%.

Commercial Space for Sale - Breakdown

There are currently 61 properties listed for sale in the Spokane Valley market, adding up to 660,387 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

11 office properties
14 retail properties
15 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	11	80,599
Retail	14	305,432
Industrial	15	178,132
Other	21	96,224

Spokane Valley, WA Commercial Real Estate for Lease and Sale

502 N Argonne Road

University Professional Center

Evergreen Crossing Shopping Center

12509 E Mission Avenue

18809 E Euclid Avenue

North Pines Professional Building

Frequently Asked Questions

Spokane Valley, WA Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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