12421 W Sunset Highway, Airway Heights, WA 99001
Listing Broker: Kidder Mathews; Kevin G. Verger; 206-946-9425; kevin.verger@kidder.com
- $1,800,000
- List Price
- $1,800,000
- Status
- ACTIVE
- Days on Market
- 285
- Price Change
- ▼ $120,000 1785278813
- MLS#
- 2510789
- Subtype
- Commercial Sale
- Style
- 75 - Retail
- Year Built
- 1987
- Lot Size
- 49,400
- Acres
- 1.13
- Subdivision
- Airway Heights
- Neighborhood
- Airway Heights
- MLS Area Major
- Spokane County
Property Description
Pleased to present the opportunity to acquire a Single-Tenant NNN Zip’s Drive-In with over 13+ years remaining on the lease. The property features 3% annual rent escalations beginning in 2030, providing both a hedge against inflation and consistent rent growth through 2039. Strategically located on West Sunset Highway (US-2), Airway Heights’ primary retail corridor, the property is surrounded by national retailers including Yoke’s, Walmart, AutoZone, and Domino’s. Its frontage along US-2, with convenient access to Interstate 90 and Spokane International Airport, ensures excellent visibility and strong regional connectivity. With less than 1.5% retail vacancy in the Airway Heights market as of Q2 2025 (CoStar), this offering represents a rare opportunity to acquire a high-performing, long-term leased asset in one of the most desirable submarkets in the region.
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Additional Information
- Property Description
- 75 - Retail
- Heating
- See Remarks
- Air Conditioning
- See Remarks
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