A Revitalized Retail Destination with National Tenants
Spokane Valley, WA – Exciting changes are underway at Valley Plaza Shopping Center! Located at 13414–13320 E Sprague Avenue, this established retail destination is welcoming new national retailers, significant property improvements, and fresh leasing opportunities along one of Spokane Valley’s primary commercial corridors.
With Trader Joe’s scheduled to open in November 2026, a newly opened McDonald’s, and retail spaces ranging from 1,680 to 42,000 square feet, Valley Plaza presents an attractive opportunity for businesses looking to establish or expand their presence in the Spokane Valley market.
Valley Plaza Shopping Center is undergoing a significant transformation, bringing new energy and retail activity to the Sprague Avenue corridor.
The highly anticipated arrival of Trader Joe’s in November 2026 marks an exciting milestone for the shopping center. Joining existing national retailer Tractor Supply Co. and the newly opened McDonald’s, Trader Joe’s will further strengthen the center’s tenant mix and create opportunities for neighboring businesses to benefit from increased consumer activity.
McDonald’s officially opened in July 2026, adding another recognizable national brand to the property.
Beyond the new tenants, Valley Plaza has received several improvements designed to enhance the shopping experience, including a refreshed building façade, newly striped and seal-coated parking areas, updated landscaping, and a new pylon sign providing prominent visibility along Sprague Avenue.
Flexible Retail Leasing Opportunities
Whether you’re an established retailer looking to expand or a business seeking a high-visibility location, Valley Plaza offers several leasing opportunities to accommodate different space requirements.
Available Retail Space:
- 42,000 SF – Large-format retail opportunity within Building A
- 1,680 SF – Retail suite ideal for smaller retail or service-oriented users
- 8,000–15,000 SF – Build-to-suit retail pad opportunity
- Lease Type: NNN
- Estimated NNN Expenses: $4.00/SF
- Lease Rates: Contact agent for details
The property’s flexible configurations, ample parking, and established retail environment make it an appealing option for businesses looking to capitalize on the center’s ongoing revitalization.
Prime Location Along Spokane Valley’s Sprague Avenue Corridor
Strategically positioned along East Sprague Avenue, Valley Plaza benefits from exposure to approximately 22,810 vehicles per day, providing businesses with visibility along one of Spokane Valley’s main retail corridors.
The shopping center is approximately 12.6 miles from Downtown Spokane and offers convenient access to surrounding residential neighborhoods, established commercial destinations, and the broader Spokane Valley market.
The surrounding area is supported by a substantial residential population and attractive household income demographics:
- 1-Mile Radius: 13,729 residents
- 3-Mile Radius: 84,266 residents, with an average household income of $101,179
- 5-Mile Radius: 131,206 residents, with an average household income of $107,445
With nearby national retailers, convenient regional access, and a growing mix of shopping and dining destinations, Valley Plaza offers an opportunity for businesses seeking long-term visibility in the Inland Northwest.
Position Your Business for Success at Valley Plaza
As Trader Joe’s prepares to open and the shopping center’s improvements take shape, Valley Plaza is entering an exciting new chapter.
The combination of established national tenants, upgraded property features, strong roadway visibility, and flexible leasing opportunities positions Valley Plaza as a compelling retail destination in Spokane Valley.
For businesses looking to enter the market, relocate, or expand, Valley Plaza offers an opportunity to join an evolving retail center along one of the area’s most established commercial corridors.
Explore Leasing Opportunities at Valley Plaza Shopping Center
To learn more about available retail spaces, build-to-suit opportunities, or leasing terms, contact TOK Commercial.
Meet the Listing Broker: Drew Ulrick, SIOR, Partner
Drew Ulrick, SIOR is a Partner at TOK Commercial specializing in retail and industrial brokerage throughout the Inland Northwest. A Spokane native, Drew brings extensive local market knowledge and more than $120 million in transaction volume, assisting property owners, investors, and businesses with leasing, acquisitions, and site selection. Drew played a key role in establishing TOK Commercial’s Spokane office in 2024 and serves on the board of the East Sprague Business Association.
For more information about leasing opportunities at Valley Plaza Shopping Center, contact Drew at 509.606.5055 or drew@tokcommercial.com.
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