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Free Standing Retail 16705 Southcenter Pky

23,422 SF Retail Building Tukwila, WA 98188 $6,490,000 ($277/SF)

Investment Highlights

  • EXCEPTIONAL LOCATION
  • HIGHLY TRAFFICKED, VISIBLE LOCATION
  • HIGH BARRIER TO ENTRY

Executive Summary

• Unique freestanding 23,422 SF building
• Excellent location in the heat of the Southcenter
• 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 mezzanine with sky lights and abundance of natural light
• Elevator servicing all three floors with private lock down for penthouse privacy
• Complete receiving and loading area serviced by 2 large dock-high doors and loading zone
• Separate 2-car residential garage
• Rare 3-bedroom, 2-bath penthouse rooftop for owner residence, corporate travel/events, or for conference center
• 9,676 SF of street level retail, 10,070 SF of showroom/office

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,422 SF
Building Class
B
Year Built
1978
Price
$6,490,000
Price Per SF
$277
Tenancy
Single
Building Height
3 Stories
Loading Docks
2 Exterior
Building FAR
0.64
Lot Size
0.84 AC
Zoning
TUC - Tukwila Commercial Corridor
Parking
39 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
167 FT on Southcenter Pkwy

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Services
  • -
  • -
  • Mar 2025

The Salvation Army is a worldwide evangelical Christian church. Their mission is based on their faith in Jesus Christ who wants everyone to experience life in all its fullness. That is why, in the US, UK and Ireland, they put their faith into action by offering practical help for people without discrimination, standing up for those who are vulnerable, fighting against injustice and encouraging people to deepen their relationship with God. The services they offer are diverse and responsive to the realities of life in the communities they serve.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Services - - Mar 2025

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 9,676 SF
  • Office/Retail
  • -
  • Mar 2025

Unique freestanding 23,422 SF building. 9,676SF of street-level retail space.

  • 2nd Floor
  • 10,070 SF
  • Office/Retail
  • -
  • Mar 2025

10,070 SF of showroom/office.

Space Size Space Use Position Available
1st Floor 9,676 SF Office/Retail - Mar 2025
2nd Floor 10,070 SF Office/Retail - Mar 2025

1st Floor

Size
9,676 SF
Space Use
Office/Retail
Position
-
Available
Mar 2025

2nd Floor

Size
10,070 SF
Space Use
Office/Retail
Position
-
Available
Mar 2025

1st Floor

Size 9,676 SF
Space Use Office/Retail
Position -
Available Mar 2025

Unique freestanding 23,422 SF building. 9,676SF of street-level retail space.

2nd Floor

Size 10,070 SF
Space Use Office/Retail
Position -
Available Mar 2025

10,070 SF of showroom/office.

Nearby Major Retailers

Jenny Craig
Mayweather Boxing + Fitness
The Habit Burger Grill
The Old Spaghetti Factory
Five Guys
Outback Steakhouse
Wells Fargo Home Mortgage
Mod Pizza
Starbucks
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
537920-0310
Land Assessment
$1,723,600
Improvements Assessment
$2,773,600
Total Assessment
$4,497,200
  • Listing ID: 32618821

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 16705 Southcenter Pky, Tukwila, WA 98188

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