Spokane Commercial Real Estate

Spokane Commercial Real Estate Information

Spokane is the largest market for commercial real estate in eastern Washington State. The City of Spokane has an approximate population of 216,000, however the greater region of Spokane is much larger. The Spokane region is broken up into 5 separate regions which are Spokane, Spokane Valley, Cheney, Airway Heights, and Liberty Lake. The Spokane – Spokane Valley Metropolitan Statistical Area (MSA) includes all of Spokane, Stevens, and Pend Oreille Counties and has a 2016 population of 556,634.

In the greater Spokane region there is a diverse range of commercial facilities and properties available for purchase and lease. Whether you are looking to purchase a retail building for your restaurant, single tenant NNN investment, or lease a warehouse for your industrial business, there many are options for commercial properties available in Spokane WA.

$0
Status: Available

Jaguar, Land Rover, Volvo Dealership Property

1310, Third Ave, Spokane, WA  99201
  • Available SQ. FT.
  • Building SQ. FT. 19100
  • Cap Rate:
  • LOT SQ. FT. 35284
  • Year Built: 1978
  • CBA #: 636869
$7542414
Status: Available

Pacific NW Tech Park - Lot 0304

1803, Campus Rd, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 1508396
  • Year Built:
  • CBA #: 636757
$3784494
Status: Available

Pacific NW Tech Park - Lot 0406

1825, Technology Blvd, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 630749
  • Year Built:
  • CBA #: 636756
$1650000
Status: Available

35 - 39 W Pacific Avenue

35, Pacific Ave, Spokane, WA  99201
  • Available SQ. FT.
  • Building SQ. FT. 22000
  • Cap Rate:
  • LOT SQ. FT. 12197
  • Year Built: 1911
  • CBA #: 636730
$0
Status: Available

Commerce Park at West Plains-Build to Suit

11515, Medical Lake Rd, Spokane, WA  99004
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 4094640
  • Year Built:
  • CBA #: 636714
$645559
Status: Available

Pacific NW Tech Park - Lot 0405

1721, Technology Blvd, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 107593
  • Year Built:
  • CBA #: 636351
$731808
Status: Available

Pacific NW Tech Park - Lot 0409

1617, Technology Blvd, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 121968
  • Year Built:
  • CBA #: 636349
$412949
Status: Available

Pacific NW Tech Park - Lot 0401

8509, Whitman Dr, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 68825
  • Year Built:
  • CBA #: 636348
$669082
Status: Available

Pacific NW Tech Park - Lot 0407

8611, Whitman Dr, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 111514
  • Year Built:
  • CBA #: 636345
$801504
Status: Available

Pacific NW Tech Park - Lot 0503

1506, Campus Rd, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 80150
  • Year Built:
  • CBA #: 636344
$792792
Status: Available

Pacific NW Tech Park - Lot 0502

8508, Whitman Ave, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 79279
  • Year Built:
  • CBA #: 636342
$705670
Status: Available

Pacific NW Tech Park - Lot 0501

8610, Whitman Ave, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 70567
  • Year Built:
  • CBA #: 636340
$635976
Status: Available

Pacific NW Tech Park - Lot 9056

0, Sunset Hwy, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 63598
  • Year Built:
  • CBA #: 636335
$496580
Status: Available

Pacific NW Tech Park - Lot 0104

1514, Technology Blvd, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 49658
  • Year Built:
  • CBA #: 636329
$579348
Status: Available

Pacific NW Tech Park - Lot 0101

1412, Technology Blvd, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 57935
  • Year Built:
  • CBA #: 636328
$1365000
Status: Available

4626 S Dowdy Road

4626, Dowdy Rd, Spokane, WA  99224
  • Available SQ. FT. 104980
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 104980
  • Year Built:
  • CBA #: 636135
$1450000
Status: Available

4115 E Trent Avenue

4115, Trent Ave, Spokane, WA  99202
  • Available SQ. FT.
  • Building SQ. FT. 24630
  • Cap Rate:
  • LOT SQ. FT. 114127
  • Year Built: 1966
  • CBA #: 634225
$435000
Status: Available

Retail Pad Adjacent to Hotel

3809, Geiger, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT. 0
  • Cap Rate:
  • LOT SQ. FT. 47916
  • Year Built:
  • CBA #: 634169
$2633510
Status: Available

Freeway Land

3809, Geiger Blvd, Spokane, WA  99224
  • Available SQ. FT.
  • Building SQ. FT.
  • Cap Rate:
  • LOT SQ. FT. 526702
  • Year Built:
  • CBA #: 633827
$79950
Status: Available

Country Homes Professional Center

6821, Country Homes Blvd, Spokane, WA  99208
  • Available SQ. FT. 600
  • Building SQ. FT. 14748
  • Cap Rate:
  • LOT SQ. FT. 45109
  • Year Built: 1986
  • CBA #: 632517

Spokane Commercial Real Estate Lease Rates

The average rental rates for office space in Spokane vary from Class A to Class C. If you are looking for Class A office space you should expect to pay between $22 per square foot to $32 per square foot plus NNN. Class B office space ranges in rents between $18 per square foot and $24 per square foot.
Retail leasing rates in Spokane vary based on location. High visibility, premium retail locations lease in the $24 per square foot to $30 per square foot range. If you are looking to locate a coffee shop, professional retail office, or restaurant, you will be looking in the $12 per square foot to $16 per square foot range. Keep in mind that most commercial real estate leases are NNN, which range in price between $3 per square foot and $5 per square foot and are in addition to the base rent charged monthly.

The Best Areas in Spokane WA to Locate Your Business

There are various locations in Spokane WA that may be ideal for setting up your business. For example, West Main Avenue is an ideal, high traffic location in the heart of Spokane’s historical downtown. The downtown core of Spokane offers some lucrative and fun locations for businesses. In downtown you will find business centers with executive suites and modern co-working spaces.
Other popular locations for commercial real estate in Spokane are Riverside Avenue, Mullan Road, E Montgomery, Mission Avenue, Liberty Lake.
Spokane Valley is another city in the Spokane region that offers opportunity for investors and business in the commercial real estate realm. Being the largest suburb of the City of Spokane, Spokane Valley enjoys it own business ecosystem. Spokane Valley has it’s own shopping mall and independent services to stand alone as a unique city.

How Can We Help You Buy or Rent Commercial Real Estate in Spokane?

The greater Spokane region has plenty of options for available office, retail, and industrial space for lease and sale. The experts at North Sound Commercial are standing by to help your expand your business and invest in Spokane Washington. Give us a call and let’s get your search started.
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