Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12525 Sunset Hwy Airway Heights, WA 99001

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,500 SF Warehouse Space Available

    Lot size:
    2,500 SF

    Property Features for 12525 Sunset Hwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF

    Spaces For Lease

    at 12525 Sunset Hwy, Airway Heights, WA 99001 Contact us
    Unit 12525 W Sunset Hwy

    $13 /Mo

    Size
    2,500 SF
    Contact us

    We can help!

    Listing Contact
    John Powers
    John Powers

    Listing Agency: Black Commercial, Inc. Listing Agent: John Powers

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

    Learn more

    Property Insight Report

    Overview

    This exceptional industrial warehouse space, located at 12525 W Sunset Hwy in Spokane County, offers 2,500 square feet of versatile space perfect for a variety of businesses. Currently, one unit is available for lease. The property boasts single-phase power, making it suitable for a range of industrial and commercial uses. The zoning designation is C-1A, which should be verified by the tenant for specific permitted uses. The monthly rental rate is $1.10 per square foot. This is a multi-tenant building, providing a collaborative environment. The building's size is precisely 2,500 square feet, offering ample room for operations and storage. Interested parties are encouraged to conduct their own due diligence regarding zoning compliance and suitability for their intended business operations. This prime location in Spokane County offers easy access to major transportation routes, enhancing logistical efficiency for businesses. The available space presents a unique opportunity for businesses seeking a functional and well-located warehouse in a thriving area. Contact us today to schedule a viewing and explore the possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Airway Heights
    County
    Spokane
    State
    Washington
    Longitude
    -117.5844473
    Latitude
    47.6417194

    Nearby Similar for Lease

    • $20 SF/Yr
      1,457 SF

      Retail Space in West Spokane

      High-visibility retail suite located in West Spokane near Airway Heights.
      10414 Hwy W, Airway Heights, WA
      View Details
    • Contact for pricing
      227,000 SF

      Hayford Business Park: New Construction

      New industrial, flex, and office spaces available for lease.
      2001 S Hayford Rd, Airway Heights, WA 99224
      View Details
    • Contact for pricing
      12,000 SF

      Airway Heights Warehouse Space Available

      12,000 SF warehouse space for lease in Airway Heights.
      1100 S Garfield St, Airway Heights, WA 99202
      View Details
    • Contact for pricing
      202,800 SF

      Airway Heights Warehouse Space Available

      202,800 SF warehouse/industrial space in Airway Heights, Washington.
      11603 West Mcfarlane Rd, Airway Heights, WA 99001
      View Details
    • $6 SF/Yr
      35,081 SF

      Airway Heights Warehouse Space Available

      Industrial warehouse space for lease in Spokane County.
      13026 Mcfarlane Rd, Airway Heights, WA 99001
      View Details
    • $7 SF/Yr
      12,000 SF

      Airway Heights Warehouse Space Available

      Modern warehouse, 6,000 sq ft, 10 acres.
      1100 Garfield Rd, Airway Heights, WA 99001
      View Details
    • $0.50 SF/Yr
      13,014 SF

      West Spokane Industrial Park Suites

      Industrial park suites available for rent in West Spokane.
      13026 W Mcfarlane Rd, Airway Heights, WA 99001
      View Details

    FAQs

    What type of property is this?
    Distribution property - 2,500 SF Warehouse Space Available
    Where is this distribution property located?
    The property is located at 12525 Sunset Hwy Airway Heights, WA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF industrial warehouse space available for lease.; $1.10 per square foot monthly rent.; Single-phase power.
    (509) 622-3563 Call to check price and availability
    Request Owner's contact information
    12525 Sunset Hwy Airway Heights, WA 99001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12525 Sunset Hwy
    Airway Heights, WA 99001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    12525 Sunset Hwy Airway Heights, WA 99001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Powers
    John Powers
    Real Estate License ID: 100306
    (509) 622-3563 (509) 216-8679 (509) 623-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!