Spokane Valley, a city located east of Spokane and west of Coeur d'Alene, Idaho, offers a unique blend of community events, attractions, and business opportunities, making it an ideal location for Retail Space For Lease. With a population of around 100,000, Spokane Valley provides a sizable customer base for businesses, and its proximity to major transportation facilities, including the Spokane International Airport and the Pence-Cole Valley Transit Center, ensures easy access to markets and resources. The city's infrastructure, including MultiCare Valley Hospital, Avista Utilities, and Inland Power & Light, supports a range of industries, from healthcare to utilities. Additionally, Spokane Valley is home to several educational institutions, including Valley Christian School and Spokane Valley Tech, which provide a skilled workforce for local businesses.
Spokane Valley's Retail Space For Lease market offers a diverse range of options, with 27 listings available. These spaces range in size from 559 square feet to 55,168 square feet, with an average annual rent of $17 USD per square foot. In addition to Retail Space, Spokane Valley also offers opportunities for Restaurants, Medical Offices, and Office Space, each with its own unique characteristics and advantages. For example, Restaurants can benefit from the city's growing food scene, while Medical Offices can tap into the demand for healthcare services. Office Space, meanwhile, can capitalize on the city's business-friendly environment and access to skilled labor. With its strong economy, diverse industries, and high quality of life, Spokane Valley is an attractive location for businesses of all types.
What is the average cost per square foot for retail space in Spokane Valley?
In Spokane Valley, the average annual rent per square foot for retail space is $17 USD.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as grocery stores or department stores, can significantly impact surrounding retail space leases in Spokane Valley, as they attract a high volume of foot traffic and create a hub of activity, making the surrounding retail spaces more desirable and potentially increasing lease rates, with 27 available listings of retail space for lease in the area, offering a range of options for businesses looking to capitalize on the anchor tenant's draw, with average annual rent per square foot at $17 USD and average space size at 7,086 square feet, up to a maximum space size of 55,168 square feet.
