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NNN Zip’s Drive-In For Sale
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12421 W Sunset Hwy, Airway Heights, WA 99001

Single-tenant NNN Zip’s Drive-In with over 14 years remaining on lease.

Property Size2,845 SF
Price / SF$723.07
Days on Market303

Property Features for 12421 W Sunset Hwy

General Information

Standard status Active
Size 2,845 SF
Property subtype Retail
Zoning C-2

Building Details

Year Built 1987
Listing Agency: Kidder Mathews Bellevue
Listed By: Kevin Verger · License #WA 26206
Source: Crexi
Added: Oct 13, 2025 Changed: Aug 8 Last Checked: Jul 22 at 7:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Bellevue

Investment Insights

Based on property information with market context.

This is an opportunity to acquire a Single-Tenant NNN Zip’s Drive-In with over 14 years remaining on the lease. The property features 3% annual rent escalations beginning in 2030, providing a hedge against inflation and consistent rent growth through 2039. It is strategically located on West Sunset Highway (US-2), Airway Heights’ primary retail corridor, and is surrounded by national retailers including Yoke’s, Walmart, AutoZone, and Domino’s. Its frontage along US-2, with convenient access to Interstate 90 and Spokane International Airport, ensures excellent visibility and strong regional connectivity. The property size is 2845 square feet. With less than 1.5% retail vacancy in the Airway Heights market as of Q2 2025, this offering represents a rare opportunity to acquire a high-performing, long-term leased asset in one of the most desirable submarkets in the region. The property can be used as drive through restaurant, restaurant, NNN property, specialty property, and commercial real estate.

Key Highlights

  • Single‑Tenant NNN Zip’s Drive‑In with over 14 years remaining on the lease.
  • Strategic location on West Sunset Highway (US‑2) in Airway Heights' primary retail corridor.
  • 3% annual rent escalations beginning in 2030.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 99001, WA

8,859
Population
2,739
Households
3.2
Avg Household Size
34
Median Age
18%
College-Educated
91%
High-School Grad
8.0 sq mi
ZIP Area
1,107
Density / Sq Mi
$60,182
Median Household Income
$34,200
Median Earnings
$1,271
Median Rent
$281,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Single-tenant NNN Zip’s Drive-In with over 14 years remaining on lease.
Where is this drive through restaurant located?
The property is located at 12421 W Sunset Hwy Airway Heights, WA.
What is the asking price?
The asking price for this property is $2,057,142.
What are key features of this property?
This property features: Single‑Tenant NNN Zip’s Drive‑In with over 14 years remaining on the lease.; Strategic location on West Sunset Highway (US‑2) in Airway Heights' primary retail corridor.; 3% annual rent escalations beginning in 2030.
(360) 705-2800 Call to check price and availability
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