16705 Southcenter Pky - Freestanding FOR SALE


Tukwila, WA 98188- Tukwila Urban Center
$5,890,000 USD
206-926-9292
16705 Southcenter Pky, Tukwila, WA for Sale
$5,890,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

16705 Southcenter Pky
Tukwila, WA 98188
Tukwila Urban Center


HIGHLIGHTS

  • Free-standing ±23,422 SF, three-story retail/office with Southcenter Parkway frontage
  • 0.84 acre site in Southcenter retail core designated as TUCCC (Commercial Corridor) zoning for broad commercial uses
  • Central atrium with perimeter mezzanine creates a clean, gallery-style presentation for retail and showrooming.
  • 4-foot dock-high loading door plus additional 2-foot high loading bay
  • 39 striped on-site stalls provide convenient customer and employee parking
  • Recent upgrades: LVP on 1st floor; fresh interior/exterior paint; new carpet 2nd/3rd

OVERVIEW

Free-standing retail or office building at 16705 Southcenter Parkway in Tukwila’s Southcenter core. Approximately 23,422 SF across three levels, served by an elevator. A central atrium and mezzanine define the building’s architectural centerpiece. The three-story design accommodates retail, showroom, office, and executive or live-work penthouse uses. Street-level retail totals ±9,676 SF with broad storefront exposure to Southcenter Parkway. The second floor delivers ±11,606 SF of showroom/office with open spans, perimeter glass, and receiving area. The third floor offers ±2,140 SF configured as a penthouse residential or high-end office with 2-car garage, elevator lockout, and a remodeled kitchen—useful for executive suite, rental income, hospitality, or team amenity. Operational features include a 4-foot dock-high loading door and additional 2-foot high loading bay. 39 striped parking stalls provide on-site parking. Tukwila—TUC-CC (Commercial Corridor) zoning enables a wide range of commercial uses. Recent interior improvements limit near-term capex: LVP flooring on 1st floor, fresh interior/exterior paint, new carpet on 2nd/3rd floors, and a third-floor kitchen upgrade with quartz counters and new appliances. The building is clean, bright, and move-in ready. The property fronts Southcenter Parkway with average daily traffic of 28,300+ vehicles per day and direct ingress/egress. One block from Westfield Southcenter, with immediate access to I-5 and I-405 and a short drive to SeaTac International Airport. The location captures regional retail traffic, commuter flow, and destination trips. The location suits an owner-user seeking identity or an investor targeting an adaptable, multi-level building in the region’s dominant retail trade area. The asset’s visibility, loading, on-site parking, and vertical service core align with merchandising, showroom, and creative office concepts.

FOR SALE DETAILS

PRICE

$5,890,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Southcenter Pkwy Retail/Flex/Showroom

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,480 SF

ZONING

TUC

APN/PARCEL ID

537920-0310

ASK ABOUT THIS PROPERTY

Mike KingKidder MathewsMore Info
206-926-9292

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Mike KingKidder MathewsMore Info
206-926-9292

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.