Shopping Centers in Spokane Valley, Washington, offer a lucrative investment opportunity for those looking to capitalize on the city's growing economy. As a hub for commerce and industry, Spokane Valley is an attractive location for businesses, with its proximity to Spokane and Coeur d'Alene, Idaho, making it an ideal spot for shopping centers. These properties can represent a range of investments, from retail spaces to mixed-use developments, offering a diverse range of opportunities for investors. With its strong infrastructure, including MultiCare Valley Hospital, Avista Utilities, and Inland Power & Light, Spokane Valley provides a solid foundation for businesses to thrive. The city's educational institutions, such as Valley Christian School and Spokane Valley Tech, also contribute to a skilled workforce, making it an attractive location for businesses. Additionally, the city's amenities, including Mirabeau Point Park and the Spokane Indians minor league baseball team, make it an attractive location for residents and visitors alike, driving foot traffic to shopping centers.
With 1 shopping centers for sale in Spokane Valley, investors have a range of options to choose from. The average price per square foot is $209 USD, with an average size of 13,419 square feet, and a largest size of 13,419 square feet. The average cap rate is 6.4%. In addition to shopping centers, Spokane Valley also offers a range of other property types, including restaurants, specialty properties, land, and office properties. Restaurants in Spokane Valley, such as those along Sprague Avenue, offer a unique dining experience, while specialty properties, like the Spokane Valley Heritage Museum, provide a glimpse into the city's history. Land in Spokane Valley is also available for development, and office properties, such as those in the Mirabeau Point Park area, offer a range of options for businesses. Overall, Spokane Valley offers a diverse range of investment opportunities, making it an attractive location for investors.
What is the average cap rate for shopping centers in Spokane Valley?
According to current market trends, the average cap rate for shopping centers in Spokane Valley is 6.4%, making it an attractive option for investors seeking a stable return on investment in this growing region.
