Spokane, Washington, is a prime location for businesses looking to establish a strong presence in the Inland Northwest. With a population of over 200,000 residents, Spokane offers a diverse range of amenities, infrastructure, and educational institutions that make it an attractive location for businesses. The city is home to several major employers, including the State of Washington, Spokane Public Schools, and Providence Sacred Heart Medical Center and Children's Hospital, which provide a strong foundation for the local economy. Additionally, Spokane is known for its scenic surroundings, including the Selkirk Mountains and Rocky Mountain foothills, making it a unique blend of urban and natural landscapes. With 67 retail spaces for lease, businesses can find the perfect location to suit their needs.
Spokane's retail spaces offer a range of opportunities for businesses to thrive. With an average annual rent of $18 USD per square foot, businesses can find affordable options to establish a strong presence in the city. The average size of retail spaces in Spokane is 5,533 square feet, providing ample room for businesses to grow and expand. Additionally, Spokane is home to a range of other property types, including restaurants, medical offices, and office spaces, offering a diverse range of options for businesses. Restaurants can find prime locations in the city's vibrant downtown area, while medical offices can take advantage of the city's strong healthcare industry. Office spaces, meanwhile, can benefit from the city's growing technology sector. With its unique blend of urban and natural landscapes, Spokane offers a unique opportunity for businesses to establish a strong presence in the Inland Northwest.
What is the average cost per square foot for retail space in Spokane?
As of now, there are 67 available listings of retail space in Spokane, with an average annual rent per square foot of $18 USD, and average space sizes ranging from 5,533 square feet to 49,565 square feet, offering a range of options for businesses looking to establish a presence in this scenic city.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as major department stores or grocery chains, can significantly impact surrounding retail space leases in Spokane, where there are currently 67 available listings, by driving foot traffic and attracting customers to the area, thereby increasing the desirability and potential rental income of nearby retail spaces, which have an average annual rent of $18 USD per square foot and an average size of 5,533 square feet, with a maximum space size of 49,565 square feet.
