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    16415 Southcenter Pkwy Tukwila, WA 98188

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    For Sale
    $5,600,000

    Retail property with high visibility on Southcenter Parkway.

    Property size:
    6,101 SF

    Property Features for 16415 Southcenter Pkwy

    General Information

    Standard status
    Active
    Size
    6,101 SF

    Building Details

    Year built
    1985

    Source: WEST COAST COMMERCIAL REALTY, LLC Agent TIFFINI CONNELL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Southcenter Parkway Retail Opportunity

    This retail property features two stand-alone buildings located on Southcenter Parkway at the intersection of Strander Boulevard, offering significant visibility. Current tenants include AT&T and Harmony Tea. The property has a size of 6101 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tukwila
    County
    King
    State
    Washington
    Longitude
    -122.2628049
    Latitude
    47.4559245

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    • $5,600,000
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      Southcenter Parkway Retail Opportunity

      Retail property with high visibility on Southcenter Parkway.
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      View Details

    FAQs

    What type of property is this?
    Retail space - Retail property with high visibility on Southcenter Parkway.
    Where is this retail space located?
    The property is located at 16415 Southcenter Pkwy Tukwila, WA.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: - Prime Southcenter Parkway retail location.; - High visibility at the intersection of Strander and Southcenter Parkway.; - Two stand-alone buildings.
    Request Owner's contact information
    16415 Southcenter Pkwy Tukwila, WA 98188
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16415 Southcenter Pkwy Tukwila, WA 98188
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