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    Airway Heights, WA NNN Properties for Sale

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    Spokane, WA Medical Lake, WA Cheney, WA Reardan, WA Nine Mile Falls, WA
    Airway Heights NNN Investment Opportunity
    Updated: Nov 24, 2025
    Airway Heights NNN Investment Opportunity

    12421 W Sunset Hwy, Airway Heights, WA

    Contact for pricing
    2,845 sqft 1.14 AC lot
    Long‑Term NNN Lease: Over 14 years remaining, tenant assumes nearly all expenses.
    Low Retail Vacancy: Located in Airway Heights, less than 1.5% retail vacancy.
    Rent Escalations: Features 3% annual rent escalations beginning in 2030.
    Established Tenant: Zip's Drive‑In has occupied the building since 1987, new lease in 2020.
    Prime Retail Location: Situated on West Sunset Highway (US‑2), the primary retail corridor.
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    NNN Zip’s Drive-In For Sale
    Updated: Oct 13, 2025
    NNN Zip’s Drive-In For Sale

    12421 W Sunset Hwy, Airway Heights, WA 99001

    Contact for pricing
    2,845 sqft
    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.
    Excellent visibility and strong regional connectivity due to frontage on US‑2 and proximity to Interstate 90 and Spokane International Airport.
    Located in a submarket with less than 1.5% retail vacancy (Q2 2025).
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Airway Heights, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Veterinary Medical Office Corner Lot
    Veterinary Medical Office Corner Lot

    Coeur D Alene, ID 83814

    $595,000
    2,700 sqft 0.19 AC lot

    A CDA-C17 corner lot medical office with reception, exam rooms, surgical area, kennels, and paved parking for 10.

    View details
    Veterinary Medical Office Building
    Veterinary Medical Office Building

    Coeur D Alene, ID 83814

    $595,000
    0 sqft 10.00 AC lot

    Corner-lot medical office with reception, exam rooms, surgical area, kennels, and 10 paved parking stalls.

    View details
    NNN Property with Corporate Lease
    NNN Property with Corporate Lease

    259 West Spokane Falls Boulevard, Spokane, WA 99201

    Contact for pricing
    5,684 sqft

    FedEx Office occupancy is supported by a corporate NNN lease structure with limited landlord responsibilities.

    View details
    Single-Tenant Medical NNN Building
    Single-Tenant Medical NNN Building

    514 South Washington Street, Spokane, WA 99204

    Contact for pricing
    3,969 sqft

    Single-tenant medical building offered on an NNN basis in Spokane.

    View details

    Airway Heights, WA Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Airway Heights, WA on our real estate platform. These investment opportunities span a total of 5,690 square feet of properties for sale.

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    Demographics Overview

    Population 8,931
    Population Growth (5Y) +31.4%
    Median Household Income $60,182
    College Educated 24.7%

    Taxes & Financing

    Tax Rate (average for all types) 0.75%
    Property Tax per SF $16.16 per SF
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Spokane County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Airway Heights fall within the 10,000 to 25,000 square foot range.

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