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Flexible Office Spaces Near Southcenter
For Lease
$28.50 SF/Yr

5200 Southcenter Pkwy, Tukwila, WA 98188

Office spaces for lease with excellent highway and transit access.

Space SizeContact for details
Property Size19,990 SF
Days on Market153

Property Features for 5200 Southcenter Pkwy

General Information

Standard status Active
Size 19,990 SF
Property subtype Office
Listing Agency: NAI Puget Sound Properties
Listed By: Rick Page
Source: Nai-psp
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 6 at 3:56AM

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 NAI Puget Sound Properties

Investment Insights

Based on property information with market context.

Office spaces are available for lease near Southcenter Mall, ranging in size from 2,000 to 19,990 square feet. The property offers convenient public transit access, with a bus stop located adjacent to the building. It features high-quality construction and finishes, including one suite that previously served as a Credit Union/Bank branch. The location provides excellent access to I-5, I-405, and SR-518. On-site amenities include a fitness center with changing rooms and showers, a common-area conference room, and secured, covered parking. On-site storage rooms are also available. The lease rate is $28.50 per square foot, full service.

Key Highlights

  • Excellent access to I‑5, I‑405, and SR‑518
  • Flexible office spaces available from 2,000 - 19,990 SF
  • Secured, covered parking available

Property Analytics

Current Use

Office Units

Suggested Use

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

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

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

289
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

Lease Benchmarks for Tukwila, WA

$24.94 /SF/Yr
Avg Asking Price
$17.92–$28.5 /SF/Yr
Price Range
6,565 SF
Avg Space Size

This space is priced 14% above the average of $24.94 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office spaces for lease with excellent highway and transit access.
Where is this office units located?
The property is located at 5200 Southcenter Pkwy Tukwila, WA.
What is the lease rate?
The lease rate is $28.50 SF/Yr.
What are key features of this property?
This property features: Excellent access to I‑5, I‑405, and SR‑518; Flexible office spaces available from 2,000 - 19,990 SF; Secured, covered parking available
More about this property
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