Retail Property for
For Sale
$1,390,000
12432 W Sunset Hwy, Airway Heights, WA 99001
Retail property for sale at 12432 W Sunset Hwy in Airway Heights, WA.
Property Size10,800 SF
Days on Market96
Property Features for 12432 W Sunset Hwy
General Information
Standard status
Active
Size
10,800 SF
Property subtype
Retail
Building Details
Building Size
10,800 SF
Year Built
1990
Listing Agency:
Goodale & Barbieri Company
Listed By:
Ryan Oberg · License #B111788
(509) 344-4909
Source:
Commercialcafe
Added: Jul 27
Changed: Oct 26
Last Checked: Oct 28 at 4:51AM
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 Goodale & Barbieri Company
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Investment Insights
Based on property information with market context.
This retail property is available for sale at 12432 W Sunset Hwy in Airway Heights, Washington. The offering is classified as retail space and is presented as a for-sale commercial real estate opportunity.
The property is located on W Sunset Hwy in Airway Heights (ZIP 99001). Prospective buyers should review the site details and property specifications directly to confirm suitability for their intended retail use.
For additional information regarding the offering and purchase process, contact the listing team.
The property is located on W Sunset Hwy in Airway Heights (ZIP 99001). Prospective buyers should review the site details and property specifications directly to confirm suitability for their intended retail use.
For additional information regarding the offering and purchase process, contact the listing team.
Key Highlights
- Retail property built in 1990
- For sale at 12432 W Sunset Hwy in Airway Heights, WA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,694
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,373,880
$2.4M
Cap Rate 7%
$1,695,629
$1.7M
Cap Rate 9%
$1,318,822
$1.3M
Market Conditions
NOI Build-Up for 10,800 SF
Gross rent
$177.6K $16.44/SF
− Vacancy
−$8.0K −$0.74/SF
EGI
$169.6K $15.70/SF
− OpEx
−$50.9K −$4.71/SF
NOI
$118.7K $10.99/SF
Area
Spokane County, WA
Vacancy
4.50%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,373,880
Cap Rate 7%
$1,695,629
Cap Rate 9%
$1,318,822
Alternative Uses
Best Use
Retail
$1.70M
$1.48M – $1.98M
NOI $118,694 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.18M – $2.91M
NOI $174,690 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property for sale at 12432 W Sunset Hwy in Airway Heights, WA.
Where is this retail space located?
The property is located at 12432 W Sunset Hwy Airway Heights, WA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Retail property built in 1990; For sale at 12432 W Sunset Hwy in Airway Heights, WA
