Airway Heights, Washington Commercial Real Estate 1 Listing

Airway Heights, Washington: A Premier Destination for Commercial Real Estate

Introduction

Airway Heights, Washington, is increasingly recognized as a prime location for commercial real estate (CRE) investments. Situated in Spokane County, this city boasts a robust economy supported by key industries such as aerospace and defense. As a burgeoning hub for commercial activities, Airway Heights presents unique opportunities for investors and developers seeking growth in a strategically positioned market.

Economic and Industry Overview

Airway Heights hosts a diverse economic landscape, with significant contributions from aerospace, defense, and logistics sectors. The presence of Fairchild Air Force Base and several aerospace companies drive demand for industrial and office spaces. Additionally, the city's proximity to Spokane enhances its appeal for retailers and service providers. Regional initiatives such as the Greater Spokane Inc. economic development plan continue to bolster job creation and infrastructure enhancements, promoting sustained demand for CRE.

Strategic Location and Transportation Infrastructure

Airway Heights is strategically located near major transportation routes, enhancing its logistical appeal. Key infrastructure includes:

Highways: U.S. Route 2 and Interstate 90 provide seamless connectivity to regional and national markets.
Airports: Spokane International Airport, located nearby, serves as a critical node for passenger and cargo transport.
Rail Lines: The city benefits from proximity to freight rail lines, facilitating efficient goods movement.

These transportation assets offer significant advantages for distribution networks and access to a skilled labor pool. More details can be found at the Washington State Department of Transportation.

Commercial Real Estate Inventory & Zoning

Airway Heights features several CRE submarkets, including:

Industrial Corridors: Strong demand for warehouse and manufacturing facilities
Retail Centers: Growing presence of shopping complexes and retail strips
Office Spaces: Emerging centers for professional services and corporate offices

The city offers development incentives and favorable zoning regulations to attract investors. For an overview of zoning maps and regulations, visit the City of Airway Heights Planning and Zoning.

Major Employers and Institutions

Airway Heights is home to several major employers that drive CRE demand:

Fairchild Air Force Base: A significant economic driver and employment hub
Kalispel Tribe and Northern Quest Resort & Casino: Key players in the local economy
Spokane County: Government jobs contributing to the demand for office space

More information on employers can be found in the Spokane County Business Directory.

Notable Commercial Developments & Projects

Recent and ongoing developments in Airway Heights include:

West Plains/Airport Area Public Development Authority (PDA): Focused on mixed-use and industrial growth
Opportunity Zones: Attracting investment in underserved areas with tax incentives

For detailed planning information, visit the Airway Heights Planning Department.

Building Permits, Planning, and Development Tools

Developers can access various tools and resources for planning and permitting:

Market Data & Economic Reports

Public data sets and economic reports are crucial for informed CRE decisions. Resources include:

Brevitas leverages AI-powered aggregation from public data and internal insights, providing comprehensive market dashboards for Airway Heights CRE. Explore our Brevitas-powered city search for more detailed insights.