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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 99001

$1,800,000
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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

NNN-Leased Commercial Property
NNN-Leased Commercial Property

723 Pine St, Sandpoint, ID 83864

$699,000
1,350 sqft 0.16 AC lot

Two commercially zoned buildings have active NNN leases, including a medical office with annual rent increases.

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NNN Investment Property with Two Buildings
NNN Investment Property with Two Buildings

723 Pine Street, Sandpoint, ID 83864

$699,000
2,350 sqft

Two leased commercial buildings combine medical office and kitchen uses with recent building upgrades and off-street parking.

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Medical Center Portfolio with NNN Leases
Medical Center Portfolio with NNN Leases

427 S Bernard St, 9651 North Nevada St, 31 E. Central Avenue, 208 West 5th Avenue, Spokane, WA 99204

$31,533,925
72,000 sqft

Four Spokane-area facilities support an established ophthalmology practice with limited landlord obligations.

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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.

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Airway Heights, WA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Airway Heights, WA on our real estate platform.

Sale prices for triple net lease properties in Airway Heights, WA average $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Airway Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
99001 $1.8M

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)

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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