Rockhood
$1,800,000List price
Active

12421 W Sunset Highway · Airway Heights, WA 99001

Source: NWMLS · Kidder Mathews · Kevin G. Verger #NWM2510789

About this home

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.

Location

Basics

Property type
Commercial Industrial
Style
Retail
Year built
1987
Lot size
49,400 sq ft (1.13 acres)
County
Spokane
MLS #
NWM2510789

Interior

Heating
See Remarks
Cooling
See Remarks

Utilities

Water
See Remarks
Sewer
Available
Power
See Remarks

Community & fees

Subdivision
Airway Heights

Transaction

Original list price
$1,920,000 (6.3% price cut)
Listed on
Apr 21, 2026
Days on market
331
Listing terms
See Remarks
Possession
See Remarks

More homes nearby

Schools

High
Cheney High School
SchoolDigger 2 stars · Top 53% in WA

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Listing provided courtesy of: Kidder Mathews

Listing agent: Kevin G. Verger.

Based on information submitted to the MLS GRID as of . 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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-07-29.