12421 W Sunset Highway Airway Heights, WA 99001
49,401 Sq. Ft., 1.134 acres lot size / Industrial
Status: Active
Listing Courtesy of: Kevin Verger - Kidder Mathews +1 360 705 2800
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Pleased to present the opportunity to acquire a Single-Tenant NNN Zip's Drive-In with over 14 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.
property details
Type
Industrial
Status
Active
County
Spokane
Year Built
1987
Lot Size
49,401 Sq. Ft., 1.1 acres
Listing Id
2510789
Courtesy Of
Kevin Verger - Kidder Mathews +1 360 705 2800
List Office Phone
+1 360 705 2800
Subdivision
Airway Heights
Utility & Building Info
Parcel Number
15261.0027
Water Source
See Remarks
Architectural Style
Other
Based on information submitted to the MLS GRID as of 6/5/2026 12:00:00 AM (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID
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Price History
| date | event | price | source |
|---|---|---|---|
|
04/22/2026
04/22/2026
|
Active |
$1,920,000
|
NWMLS - Northwest MLS - Seattle |
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Market Trends
Source: Constellation1
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