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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

$2,057,142

2,845 SF

Airway Heights NNN Investment Opportunity

12421 W Sunset Hwy, Airway Heights, WA

Single-tenant NNN Zip’s Drive-In with over 14 years remaining.

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.

Updated: Oct 14, 2025

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$2,057,142

2,845 SF

NNN Zip’s Drive-In For Sale

12421 W Sunset Hwy, Airway Heights, WA 99001

Single-tenant NNN Zip’s Drive-In with over 14 years remaining on lease.

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).

Updated: Oct 13, 2025

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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.

$4,000,000

7,778 SF

NNN Medical Investment Property

NNN medical property with a strong, high-credit tenant.

4171 W Expo Pkwy, Post Falls, ID 83854

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$2,620,370

0.49 Acres

New Construction Valvoline For Sale

New construction Valvoline in rapidly growing Spokane, Washington.

1830 N Division St, Spokane, WA

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$31,533,925

72,289 SF

NNN Property For Sale

NNN property with 100+ units, backed by McKesson.

427 S Bernard St, Spokane, WA 99204

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$2,450,000

18,600 SF

Versatile Event Center on 4.5 Acres

Multi-building facility suitable for events, retreats, or religious purposes.

19587 W Riverview Dr, Post Falls, ID 83854

View details

Airway Heights, WA Nnn Properties Investment Opportunities Market Analysis

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 $4,114,284.

Sale prices for triple net lease properties in Airway Heights, WA start at $2,057,142, averaging $2,057,142, 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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Property Size Breakdown

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

Demographics Overview

Population 8,931

Population Growth (5Y) +31.4%

Median Household Income $60,182

College Educated 24.7%

High-Yield Neighborhoods for Strategic Investment

Identify Airway Heights submarkets with the highest inventory density on the market and evaluate the median 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 sq ft

Tax Rate vs County Average 0.11 pp below county avg

Average Loan-to-Value 65.0%

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Airway Heights, WA NNN Properties for Sale