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    Airway Heights, WA NNN Properties for Sale

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

    12421 W Sunset Hwy, Airway Heights, WA

    $1,920,000
    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

    $2,057,142
    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).
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

    Circle K NNN Ground Lease
    Circle K NNN Ground Lease

    70 N Beck Rd, Post Falls, ID 83854

    $3,018,000
    1.90 AC lot

    15-year NNN ground lease with options and rent increases.

    View details
    NNN Retail/Office Building
    NNN Retail/Office Building

    1211 W. Northwest Blvd, Spokane, WA 99205

    $450,000
    4,993 sqft

    Multiple NNN suites available in a small building, offering flexible retail or office occupancy options.

    View details
    Post Falls Commercial Building Investment
    Post Falls Commercial Building Investment

    1631 E Seltice WAY, Post Falls, ID 83854

    $1,300,000
    5,970 sqft · 0.86 AC lot

    5,970 SF commercial building on 0.86 acres in Post Falls.

    View details
    NNN Property For Sale
    NNN Property For Sale

    427 S Bernard St, Spokane, WA 99204

    $31,533,925
    72,289 sqft

    NNN property with 100+ units, backed by McKesson.

    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, with an estimated market value of $3,977,142.

    Sale prices for triple net lease properties in Airway Heights, WA start at $1,920,000, averaging $1,988,571, and reaching up to $2,057,142 — 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 $2.1M

    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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