Retail Property for
New
For Sale
$1,500,000
12432 W Sunset Hwy, Airway Heights, WA 99001
Retail property for sale at 12432 W Sunset Hwy in Airway Heights, WA.
Days on Market4
Property Features for 12432 W Sunset Hwy
General Information
Standard status
Active
Property subtype
Retail
Building Details
Building Size
10,800 SF
Year Built
1990
Listing Agency:
Goodale & Barbieri Company
(509) 344-4909
Listed By:
Ryan Oberg · License #B111788
Source:
Commercialcafe
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 28 at 4:30AM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.6k | $16.44 |
| − Vacancy | −$8.0k | −$0.74 |
| EGI | $169.6k | $15.70 |
| − OpEx | −$50.9k | −$4.71 |
| NOI | $118.7k | $10.99 |
10,800 SF · lease $16.44/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.70M
$1.48M – $1.98M
NOI $118,694 @ 7.0% cap · market cap 7.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.18M – $2.91M
NOI $174,690 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
234
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 $1,500,000.
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
