12421 W Sunset HWY new to site

Airway Heights,WA 99001

$ 2200000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Airway Heights

MLS Listing ID 2444574

Style 75 - Retail

Year Built 1987

Lot Size 1.134 Acres

Property Sub-Type Commercial Industrial

Property Description

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. 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.

Location

State WA

County Spokane

Area 561 - Spokane County

Interior

Fireplace false

Building

Sewer Available

Water See Remarks

Others

Senior Community No

Acceptable Financing See Remarks

Listing Terms See Remarks

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