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Free-Standing Southcenter Building - Tukwila, WA

Free-Standing Southcenter Building - Tukwila, WA

$6,490,000.00Price

Address: 16705 Southcenter Pkwy, Tukwila, WA

Rentable SF: 23,422 SF

Total Land Area: 36,480 SF

 

 

 

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  • Investment Highlights

    EXCEPTIONAL LOCATION
    The property is located near the intersection of I-5 and I-405 providing direct access to Seattle, Sea-Tac Airport, Bellevue, and Tacoma.

    HIGH BARRIER TO ENTRY
    There are no ongoing retail developments in the submarket presenting a unique investor/owner-user opportunity to
    capitalize on an inventory-constrained submarket.

    HIGHLY TRAFFICKED VISIBLE LOCATION
    The property features 170’ of frontage along Southcenter Parkway with average annual daily traffic numbers exceeding 28,000 vehicles.

    SIGNIFICANT NEARBY DEVELOPMENTS
    Extensive improvements to the Seattle-Tacoma International airport, hospitality developments, and an increasing number
    of planned industrial centers are just a few of the submarket’s economic expansions.

    STRONG DEMOGRAPHICS
    The submarket has seen a 13% population increase since 2010, expanding the 5-mile radius population to over 284,000. Household expenditures in this area are 8.3% above the national average.

    VERSATILE LAYOUT
    The building features a comprehensive receiving and loading area, including two dock-high doors, accommodating various tenant needs.

  • Investment Overview

    • Unique freestanding 23,422 SF building
    • Excellent location in the hear t of the S outhcenter
    • Close to Sea-Tac Airport, Light Rail Station,
       downtown Seattle, Bellevue and Westfield Center
    • Only available Free-Standing Retail building in
       Southcenter
    • Awesome visibility and accessibility with over
       28,000 cars per day
    • Beautiful central atrium and me zzanine with sky
       lights and abundance of natural light
    • Elevator servicing all thr ee floors with private lock
       down for penthouse privacy
    • Complete receiving and loading ar ea serviced by 2
       large dock-high doors and loading zone
    • Separate 2-car residential garage
    • Rare 3-bedroom, 2-bath penthouse r ooftop for owner residence,     corporate travel/events, or for conference center
    • 9,676 SF of street level retail, 10,070 SF of
       showroom/office

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