LISTING DETAILS

Central Sprague Retail Center

5605 E Sprague Ave Spokane Valley WA 99212

Listing #: 706549 | Status: Available | Last Modified: 4/9/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate7.13 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
AnchorDollar Tree, Boot Barn, Skagit Farm Supply
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors1
Total Building SF37,480 SF
Net Rentable Area37,480 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF183,823 SF
Acres4.22
Year Built1999
Year Renovated2016
Construction TypeConcrete
Property Type
Property TypeRetail
InvestmentYes
Location
CountySpokane
Market AreaSpokane Valley
Tax ID #35144.9099
ZoningRC
Parking Information
#Covered Spaces0
# Uncovered Spaces85
Total Parking Spots85

Costco Outparcel Retail Investment

Public Comments

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.

Search Tags

Pad(s), Regional Center, Street Retail, Strip Mall, Big Box

Central Sprague Retail Center
5605 E Sprague Ave Spokane Valley WA 99212

Listing #: 706549 | Status: Available | Listing Date: 12/23/2025 | Last Modified: 4/9/2026 | Email Listing

For Sale

Central Sprague Retail Center

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