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    11919 W Sunset Hwy Airway Heights, WA 99001

    For Sale
    $7,595,000

    Modern, fully leased medical center with high visibility and strong leases.

    Property size:
    16,105 SF
    Lot size:
    2.02 Acres

    Property Features for 11919 W Sunset Hwy

    General Information

    Size
    16,105 SF
    Lot size
    2.02 Acres

    Source: Marcus & Millichap, Inc. Agent Clayton Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Medical Plaza on Sunset Highway

    Sunset Medical Plaza is a modern, service-oriented medical center constructed in 2021. The property is fully leased and offers convenient access to quality medical care for local residents. All leases are structured as NNN with annual rent increases. The plaza features a weighted average lease term of 6.79 years, and 80% of tenants have extension options in place. The property has frontage of approximately 265 feet and exposure to over 31,000 vehicles per day. Dual access from Sunset Highway and Garfield Road leads to 91 dedicated parking stalls. The property is located along the Sunset Highway corridor in Airway Heights. Demand for service-based medical facilities is expected to increase as Airway Heights continues to grow with new housing and tourism development. The property size is 16,105 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    West Plains Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.5759045
    Latitude
    47.6422574

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    FAQs

    What type of property is this?
    Medical office - Modern, fully leased medical center with high visibility and strong leases.
    Where is this medical office located?
    The property is located at 11919 W Sunset Hwy Airway Heights, WA.
    What is the asking price?
    The asking price for this property is $7,595,000.
    What are key features of this property?
    This property features: - Modern medical center built in 2021 with prime visibility on Sunset Highway.; - Fully leased property with NNN leases and annual rent increases, providing a strong inflation hedge.; - Weighted average lease term of 6.79 years, with 80% of tenants having extension options.
    (206) 826-5700
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    11919 W Sunset Hwy Airway Heights, WA 99001
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    Airway Heights, WA 99001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11919 W Sunset Hwy Airway Heights, WA 99001
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