5605 E Sprague Ave

For Sale

5605 E Sprague Ave, Spokane Valley, WA 99212

This Spokane Valley property for sale is located at 5605 E Sprague Ave. The current listed sale price for 5605 E Sprague Ave is $8,500,000. 5605 E Sprague Ave is situated on a lot that is 4.22 acre in size.

Contacts

Erik Nelson

Kiemle Hagood

Property Details

  • Property Type Retail
  • Property Size 37,480 SF
  • Lot Size 4.22 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 3, 2026

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.

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Getting around

  • 47/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 45/100

    Bike Score ®

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Location

  • City Spokane Valley, WA
  • Neighborhood Felts
  • Zip Code 99212
  • Market Spokane

Points of Interest

  • Costco Gasoline

    0.05 miles

  • Royal Express

    0.26 miles

  • Mobil

    0.29 miles

  • Pacific Pride Commercial Fueling

    0.44 miles

  • Chevron

    0.46 miles

  • Conoco

    0.73 miles

  • ChargePoint

    5.33 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    7.02 miles

  • Lot P3

    1.53 miles

  • Lot P4

    1.54 miles

  • P25

    1.62 miles

  • Lot P1

    1.63 miles

  • Lot P2

    1.66 miles

  • Lot P28

    1.67 miles

  • Lot P5

    1.69 miles

  • Lot P22

    1.70 miles

  • Lot P6

    1.73 miles

  • Lot P20

    1.76 miles

  • Wendy's

    0.07 miles

  • IHOP

    0.12 miles

  • Tacos El Carbon

    0.15 miles

  • Subway

    0.17 miles

  • Panda Express

    0.36 miles

  • AK Asian Restaurant

    0.45 miles

  • Burger Express

    0.59 miles

  • Broadway Diner

    0.72 miles

  • Taco Time

    0.73 miles

  • Zip's

    0.74 miles

  • Walmart Supercenter

    0.38 miles

  • Fred Meyer

    1.56 miles

  • Best Asian Market

    2.35 miles

  • Buruk Mini Mart

    2.57 miles

  • Safeway

    2.60 miles

  • WinCo Foods

    2.64 miles

  • Trader Joe's

    2.67 miles

  • Yoke's Fresh Market

    2.77 miles

  • Rosauers

    2.95 miles

  • Target

    3.78 miles

Contact Listing Broker
Erik Nelson

Kiemle Hagood

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