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 SchoolSchoolDigger 2 stars · Top 53% in WA

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.