Spokane Valley, WA Commercial Real Estate for Lease and Sale

Explore 129 listings of Spokane Valley commercial real estate to find the best space for your business.

Woodruff Building

2205 N Woodruff Rd, Montgomery, Spokane, WA
Property

Industrial

22,770 SF
Availability

2 Spaces

7,350 SF
Year Built

2003
For Lease

$10.80/SF/YR
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International Gateway Corporate Park - Phase I

10010 E Knox Ave, Montgomery, Spokane, WA
Property

Industrial

64,178 SF
Availability

1 Space

4,415 SF
For Lease

$1.15/SF/MO
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14740 E Indiana Avenue

14740 E Indiana Avenue, Mirabeau Park, Spokane, WA
Property

VacantLand
Availability

1 Space

40,000 SF
For Lease Contact for pricing
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107 N Park Rd

107 N Park Rd, Felts, Spokane Valley, WA
Property

VacantLand

18,000 SF
Availability

1 Space

18,000 SF
For Lease

$0.10/SF/MO
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Office Coworking Retail Industrial

Office Retail Industrial Land
Mansfield Ave & Dollar Road Industrial Land

0 Mansfield Avenue & Dollar Road, Felts, Spokane Valley, WA
Property

VacantLand

8.7 Acre
For Sale Contact for pricing
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9514 East Montgomery Avenue

9514 East Montgomery Avenue, Montgomery, Spokane Valley, WA
Property

Industrial

31,400 SF
Availability

2 Spaces

2,533 SF
Year Built

1995
For Lease

$0.75/SF/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
Year Built

2020
For Lease

$25.00/SF/YR
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8775 E Mission Avenue

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

Office

13,560 SF
Year Built

2004
For Sale

$3,150,000
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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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Pinecroft Business Park Land

12929 E Pinecroft Way, Mirabeau Park, Spokane Valley, WA
Property

VacantLand

3.49 Acre
For Sale

$1,825,000
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Valley Plaza

13414 East Sprague Avenue, Terrace View, Spokane, WA
Property

Retail

99,000 SF
Availability

2 Spaces

56,868 SF
Year Built

1984
For Lease Contact for pricing
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Indiana Professional Building

15920 E Indiana Ave, Greenacres, Spokane Valley, WA
Property

Office

27,688 SF
Year Built

2005
For Sale

$7,400,000
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229 North Ella Road

229 North Ella Road, Centennial, Spokane, WA
Property

Industrial

33,866 SF
For Sale

$3,950,000
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Pines Town Square

1507-1527 N Pines Rd, Mission Park, Spokane Valley, WA
Property

Retail

14,480 SF
Availability

1 Space

1,200 SF
Year Built

1991
For Lease

$18.00/SF/YR
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Selkirk Industrial Park

18404 Garland Avenue, Greenacres, Spokane Valley, WA
Property

Industrial

165,499 SF
Availability

2 Spaces

135,000 SF
Year Built

2020
For Lease Contact for pricing
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3808 N Sullivan Rd., Building 12

3808 N Sullivan Rd., Building 12, Industrial Park, Spokane Valley, WA
Property

Industrial

120,000 SF
Availability

1 Space

56,000 SF
For Lease

$0.50/SF/YR
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Spokane Valley Mall - 14720 East Indiana Avenue

14720 East Indiana Avenue, Mirabeau Park, Spokane Valley, WA
Property

Retail

132,421 SF
Availability

1 Space

132,421 SF
Year Built

1997
For Lease Contact for pricing
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1507 - 1511 N Thierman Rd

1507 - 1511 N Thierman Rd, Felts, Spokane Valley, WA
Property

Industrial

15,000 SF
Availability

1 Space

5,000 SF
Year Built

1980
For Lease

$1.00/SF/MO
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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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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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International Gateway Corporate Park

10102 E Knox Ave, Montgomery, Spokane Valley, WA
Property

VacantLand

14,500 SF
Availability

1 Space

14,500 SF
For Lease

$0.10/SF/MO
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17207 E Dalton Ave

17207 E Dalton Ave, Greenacres, Spokane Valley, WA
Property

Industrial

3,000 SF
Availability

1 Space

3,000 SF
Year Built

1975
For Lease

$3,800.00/MO
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4230 E Mission Ave

4230 E Mission Ave, Felts, Spokane Valley, WA
Property

Industrial

7,199 SF
Year Built

1951
For Sale

$995,000
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6615 & 6623 E Trent

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

VacantLand

22,000 SF
Availability

1 Space

22,000 SF
For Lease

$0.10/SF/MO
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10221 E Montgomery Dr.

10221 E Montgomery Dr., Montgomery, Spokane Valley, WA
Property

Industrial

9,940 SF
Availability

1 Space

2,784 SF
Year Built

1996
For Lease

$2,774.40/MO
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9600 E. Sprague Ave.

9600 E. Sprague Ave., Dishman, Spokane Valley, WA
Property

VacantLand
Availability

1 Space

43,860 SF
For Lease

$4,250.00/MO
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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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9405 E Sprague Ave

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

Retail

6,642 SF
Availability

1 Space

1,190 SF
Year Built

1974
For Lease

$8.00/SF/YR
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9119 E Broadway Avenue

9119 E Broadway Ave, Mission Park, Spokane Valley, WA
Property

Retail

6,701 SF
Availability

1 Space

1,250 SF
Year Built

2004
For Lease

$18.00/SF/YR
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14740 East Indiana Avenue

14740 East Indiana Avenue, Mirabeau Park, Spokane Valley, WA
Property

VacantLand

63,693 SF
Year Built

1997
For Sale Contact for pricing
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6107 E Trent Ave

6107 E Trent Ave, Felts, Spokane Valley, WA
Property

Office

400 SF
Availability

1 Space

400 SF
For Lease

$15.00/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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7015 N Argonne Rd

7015 N Argonne Rd, Northwood, Spokane, WA
Property

Retail

722 SF
Availability

1 Space

722 SF
Year Built

2005
For Lease

$2,800.00/MO
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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
Year Built

1994
For Lease

$17.00/SF/YR
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12606 E Sprague Ave

12606 E Sprague Ave, Opportunity, Spokane, WA
Property

Retail

34,944 SF
Availability

1 Space

34,700 SF
Year Built

1974
For Lease

$10.00/SF/YR
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1421 N Mullan Rd

1421 N Mullan Rd, Mission Park, Spokane, WA
Property

Retail

8,346 SF
Availability

2 Spaces

4,325 SF
Year Built

1986
For Lease

$16.00/SF/YR
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East Sprague Center

4808 E Sprague Ave, Felts, Spokane, WA
Property

Retail

24,608 SF
Availability

1 Space

998 SF
Year Built

2000
For Lease

$16.00/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
Year Built

1985
For Lease

$20.00/SF/YR
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5711 E Sharp

5711 E Sharp, Felts, Spokane Valley, WA
Property

Industrial

9,792 SF
Availability

1 Space

5,621 SF
Year Built

2000
For Lease

$3,765.00/MO
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6607 E Sprague Ave

6607 E Sprague Ave, Felts, Spokane Valley, WA
Property

VacantLand

0.71 Acre
For Sale

$799,000
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19407 E Garland Ave

19407 E Garland Ave, Greenacres, Spokane Valley, WA
Property

Industrial

10,000 SF
Availability

1 Space

10,000 SF
For Lease Contact for pricing
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Big Lots

14024 E Sprague Ave, Early Dawn, Spokane Valley, WA
Property

Retail

26,186 SF
Availability

1 Space

26,186 SF
For Lease Contact for pricing
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7403 E Trent Avenue

7403 E Trent Avenue, Felts, Spokane Valley, WA
Property

Industrial

5,232 SF
Availability

1 Space

5,232 SF
For Lease

$3,500.00/MO
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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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5105 E 3rd Ave

5105 E 3rd Ave, Edgecliff, Spokane, WA
Property

Office

1,288 SF
Availability

1 Space

1,288 SF
Year Built

1961
For Lease

$18.00/SF/YR
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Boomers Bar & Grill

18219 E Appleway, Saltese, Spokane Valley, WA
Property

Retail

2,914 SF
Year Built

1925
For Sale

$700,000
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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

$0.75/SF/MO
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322 N Sullivan Rd

322 N Sullivan Rd, Central Valley, Veradale, WA
Property

Retail

5,048 SF
Availability

1 Space

5,048 SF
Year Built

1995
For Lease

$28.50/SF/YR
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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
Year Built

2004
For Lease

$16.00/SF/YR
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1015 N Yardley

1015 N Yardley, Felts, Spokane Valley, WA
Property

Industrial

20,465 SF
Availability

2 Spaces

9,072 SF
Year Built

1920
For Lease Contact for pricing
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Valley Rockwood Clinic

14408 E Sprague Ave, Early Dawn, Spokane Valley, WA
Property

Office

21,350 SF
Year Built

1997
For Sale

$6,000,000
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13510-13516 E Sprague Avenue

13516 E. Sprague Ave, Terrace View, Spokane Valley, WA
Property

Retail

7,000 SF
Availability

1 Space

7,000 SF
Year Built

1977
For Lease Contact for pricing
View Details (opens in new window)

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 570,112 square feet of office space across 31 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 740,027 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 1,654,644 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 Industrial space, which accounts for 653,926 square feet of available listings. Retail space available in Spokane Valley adds up to 624,182 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 $12.81 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 Mission Park 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 $18.09 per square foot. In particular, the property type commanding the highest lease rates in Spokane Valley was Retail 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 21,116 square feet.
Retail properties here incorporate an average of 29,602 square feet.
Industrial space in Spokane Valley is in buildings that are, on average 48,666 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 1,828,047 square feet. The market offers 30 active office listing(s), which amount to 187,410 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 360,345 square feet across 25 retail space(s). Industrial space for rent opportunities in Spokane Valley amount to 619,542 square feet across a total of 31 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	30	187,410
Retail	25	360,345
Industrial	31	619,542
Other	14	660,750

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 408,610 square feet of commercial property for sale here , which includes 8 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	8	76,064
Retail	6	29,291
Industrial	5	205,423
Other	16	97,832

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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