Spokane Valley, WA Commercial Real Estate for Lease and Sale

Explore 113 listings of Spokane Valley commercial real estate to find the best space for your business.

303 S University Rd

303 S University Rd, Opportunity, Spokane, WA
Property

Office

1,520 SF
Availability

1 Space

104 SF
Year Built

1939
For Lease

$500.00/MO
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11114 E Sprague Ave

11114 E Sprague Ave, Opportunity, Spokane, WA
Property

Retail

2,380 SF
Year Built

1978
For Sale

$250,000
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Evergreen Commerce Park Expansion Bldg 1

1620 North Mamer Road, Progress, Spokane Valley, WA
Property

Office

30,470 SF
Availability

1 Space

10,710 SF
Year Built

2022
For Lease

$1.15/SF/YR
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Montgomery Business Park

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

Industrial

102,000 SF
Availability

3 Spaces

9,080 SF
Year Built

1976
For Lease

$1,905.00 - $2,705.00/MO
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Office Coworking Retail Industrial

Office Retail Industrial Land
16212 E Indiana

16212 E Indiana, Greenacres, Spokane Valley, WA
Property

Office

11,884 SF
Availability

1 Space

3,293 SF
Year Built

2022
For Lease

$30.00/SF/YR
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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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225 N. Ella Rd.

225 N. Ella Rd., Centennial, Spokane, WA
Property

Industrial

58,712 SF
Availability

1 Space

4,748 SF
Year Built

1955
For Lease

$0.60/SF/MO
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Corner Lot on East Sprague Ave

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

VacantLand
For Sale

$425,000
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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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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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IGC Corporate Park - 10020 East Knox Avenue

10020 East Knox Avenue, Montgomery, Spokane Valley, WA
Property

Industrial

64,595 SF
Availability

1 Space

3,000 SF
Year Built

2001
For Lease

$15.00/SF/YR
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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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Evergreen Commerce Park Expansion Bldg 1

1620 North Mamer Road, Progress, Spokane Valley, WA
Property

Office

30,470 SF
Availability

1 Space

10,710 SF
Year Built

2022
For Lease

$1.15/SF/YR
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13910 E. Indiana Ave, Ste. B

13910 E. Indiana Ave, Ste. B, Mirabeau Park, Spokane Valley, WA
Property

Retail

10,000 SF
Year Built

2007
For Sale

$280,000
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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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9507 E Sprague Ave

9507 E Sprague Ave, Mission Park, Spokane, WA
Property

Office

6,584 SF
Year Built

2017
For Sale

$1,375,000
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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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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 Contact for pricing
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15407 E Mission Ave

15407 E Mission Ave, Progress, Spokane Valley, WA
Property

Office

9,110 SF
Availability

1 Space

1,629 SF
For Lease

$15.00/SF/YR
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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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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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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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Mullan Centre - I & II

1420 North Mullan Road, Mission Park, Spokane Valley, WA
Property

Office

37,060 SF
Availability

1 Space

1,367 SF
Year Built

2000
For Lease

$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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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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605 N Barker Rd

605 N Barker Rd, Saltese, Spokane Valley, WA
Property

Land

2,078 SF
Year Built

1948
For Sale

$345,000/SF
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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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10220 East Sprague Avenue

10220 East Sprague Avenue, Dishman, Spokane, WA
Property

Office

96,940 SF
Availability

1 Space

45,000 SF
Year Built

1969
For Lease

$15.00/SF/YR
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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

$195,000
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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

Business address

Complimentary coffee & tea

Free water

Gym

High-speed internet

High-speed wifi

Mail services

Office furniture

Parking

Printer
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11607 E Trent Ave

11607 E Trent Ave, Mirabeau Park, Spokane, WA
Property

Mixed Use

7,500 SF
Year Built

1957
For Sale

$1,275,000
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10010 E Montgomery Avenue

10010 E Montgomery Ave, Montgomery, Spokane, WA
Property

Industrial

6,810 SF
Availability

1 Space

6,810 SF
Year Built

1979
For Lease

$5,789.00/MO
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Vivacity Care Center

16009 East Indiana Avenue, Greenacres, Spokane Valley, WA
Property

Office

13,076 SF
Availability

1 Space

2,230 SF
For Lease

$25.00/SF/YR
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Fancher Bridge Business Park

5805 E Sharp Ave, Felts, Spokane, WA
Property

Industrial

56,036 SF
Availability

1 Space

3,067 SF
For Lease

$1,350.00/MO
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5020 E Sprague Ave

5020 E Sprague Ave, Felts, Spokane Valley, WA
Property

Retail

4,858 SF
Availability

1 Space

2,666 SF
Year Built

2012
For Lease

$18.00/SF/YR
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107 N Park Rd

107 N Park Rd, Felts, Spokane, WA
Property

Industrial

7,600 SF
Availability

1 Space

7,600 SF
Year Built

1978
For Lease

$5,000.00/MO
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11720 E 1st Avenue

11720 E 1st Avenue, Opportunity, Spokane Valley, WA
Property

Industrial

31,750 SF
For Sale

$3,200,000
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8775 East Mission Avenue

8775 East Mission Avenue, Centennial, Spokane Valley, WA
Property

Office

13,560 SF
Availability

1 Space

13,560 SF
For Lease

$16.00/SF/YR
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11808 E Main Ave

11808 E Main Ave, Mission Park, Spokane Valley, WA
Property

VacantLand

0.95 Acre
For Sale

$595,000
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11510-11530 E Sprague

11510-11530 E Sprague, Opportunity, Spokane Valley, WA
Property

Retail

25,800 SF
Availability

5 Spaces

33,349 SF
For Lease Contact for pricing
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6615 - 6623 E Trent Ave

6615 - 6623 E Trent Ave, Felts, Spokane Valley, WA
Property

VacantLand

51,886 SF
Availability

1 Space

22,000 SF
For Lease

$0.10/SF/YR
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Sprague Land

4505 E Sprague Ave, Felts, Spokane Valley, WA
Property

VacantLand

21,120 SF
Availability

1 Space

21,120 SF
For Lease Contact for pricing
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422 N Pines Road

422 N Pines Road, Blake, Spokane Valley, WA
Property

Retail

4,342 SF
Year Built

1999
For Sale

$1,200,000
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North Pines Professional Building

1005 N Pines Rd, Mission Park, Spokane Valley, WA
Property

Office

18,690 SF
Availability

9 Spaces

9,476 SF
Year Built

1974
For Lease

$12.00/SF/YR
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502 N Argonne Road

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

VacantLand

30,492 SF
Availability

1 Space

30,492 SF
For Lease Contact for pricing
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9405 E Sprague Ave

9405 E Sprague Ave, Mission Park, Spokane Valley, WA
Property

Retail

6,642 SF
Availability

2 Spaces

1,705 SF
For Lease

$8.00 - $12.00/SF/YR
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507 N Sullivan Rd

507 N Sullivan Rd, Progress, Spokane Valley, WA
Property

Office

9,968 SF
Availability

1 Space

2,731 SF
For Lease

$20.00/SF/YR
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2510 N Pines Rd

2510 N Pines Rd, Mirabeau Park, Spokane Valley, WA
Property

Office

21,508 SF
Availability

1 Space

1,074 SF
For Lease

$17.00/SF/YR
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9203 E Trent

9203 E Trent, Millwood, Spokane Valley, WA
Property

Retail

3,530 SF
Year Built

1947
For Sale

$549,900
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University City Mall

10614 E Sprague Ave, Dishman, Spokane Valley, WA
Property

Retail

48,650 SF
Availability

1 Space

16,000 SF
Year Built

1996
For Lease

$9.00/SF/YR
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4414 Barker Rd

4414 Barker Rd, Greenacres, Spokane Valley, WA
Property

Industrial

142,200 SF
Availability

1 Space

17,500 SF
Year Built

2022
For Lease

$9.00/SF/YR
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10914 East Montgomery Drive

10914 East Montgomery Drive, Mirabeau Park, Spokane, WA
Property

Industrial

34,500 SF
Availability

1 Space

12,000 SF
Year Built

2019
For Lease

$12.00/SF/YR
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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 536,837 square feet of office space across 23 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 699,047 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 887,796 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 540,472 square feet of available listings. Industrial space available in Spokane Valley adds up to 289,743 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 $13.63 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 Centennial 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 $20 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 26,842 square feet.
Retail properties here incorporate an average of 29,127 square feet.
Industrial space in Spokane Valley is in buildings that are, on average 46,727 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 1,201,219 square feet. The market offers 19 active office listing(s), which amount to 167,608 square feet and account for 31% of commercial spaces on the market. Local retail availability includes 348,561 square feet across 17 retail space(s). Industrial space for rent opportunities in Spokane Valley amount to 289,743 square feet across a total of 17 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	19	167,608
Retail	17	348,561
Industrial	17	289,743
Other	8	395,307

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 467,357 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 7 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	41,324
Retail	7	64,210
Industrial	4	168,074
Other	15	193,749

Spokane Valley, WA Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

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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