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Southcenter Parkway Retail Opportunity
For Sale
$5,600,000
Pending

16415 Southcenter Pkwy, Tukwila, WA 98188

Retail property with high visibility on Southcenter Parkway.

Property Size6,101 SF
Days on Market494

Property Features for 16415 Southcenter Pkwy

General Information

Standard status Pending
Size 6,101 SF
Property subtype Commercial

Building Details

Year Built 1985
Listing Agency: WEST COAST COMMERCIAL REALTY, LLC
Listed By: TIFFINI COX · License #18739
Source: Corcoran
Added: Mar 31, 2025 Changed: Jul 6 Last Checked: Jul 23 at 8:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEST COAST COMMERCIAL REALTY, LLC

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Prime Southcenter Parkway retail location.
  • High visibility at the intersection of Strander and Southcenter Parkway.
  • Two stand‑alone buildings.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,596
Businesses Nearby

Demographics for 98188, WA

27,851
Population
12,025
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
3,438
Density / Sq Mi
$76,559
Median Household Income
$45,245
Median Earnings
$1,641
Median Rent
$452,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

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.
More about this property
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