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Airport Restaurant Business
For Sale
$1,000,000

16807 103rd Avenue Ct E, Graham, WA 98374

Established airport-based restaurant with pull-tab operations, aviation-themed appeal, and lease control extending through 2029.

Property SizeContact for details
Days on Market34

Property Features for 16807 103rd Avenue Ct E

General Information

Standard status Active
Property subtype Business Opportunity
Net Operating Income $424,260

Financials

Asking Price $1,200,000
Cap Rate 35.36%
Business Included Yes
Listing Agency: Keller Williams Greater 360
Listed By: Joey Soller
Source: Lincolnpnwteam
Added: Jul 28 Changed: Aug 29 Last Checked: Aug 25 at 5:02AM

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 Keller Williams Greater 360

Investment Insights

Based on property information with market context.

This restaurant business operates at Thun Field–Pierce County Airport in Graham, Washington, under the Top Gun Bar & Grill name. The operation combines food, beverage, merchandise, and pull-tab sales, with an aviation-oriented setting and views of Mount Rainier. It was recognized as the 2026 South Hill Restaurant Award Winner.

Lease control runs through 2029, with extension options available through 2054. The business is located at 16807 103rd Avenue Ct E and serves as a destination within the airport environment. Its operating model includes both traditional restaurant activity and pull-tab operations, providing multiple established revenue channels.

Key Highlights

  • Located at Thun Field–Pierce County Airport in Graham, Washington
  • 2026 South Hill Restaurant Award Winner
  • Lease control through 2029 with extension options reaching 2054

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Restaurant Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98374, WA

45,367
Population
16,645
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
2,766
Density / Sq Mi
$108,854
Median Household Income
$56,744
Median Earnings
$1,925
Median Rent
$491,200
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established airport-based restaurant with pull-tab operations, aviation-themed appeal, and lease control extending through 2029.
Where is this conventional restaurant located?
The property is located at 16807 103rd Avenue Ct E Graham, WA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Located at Thun Field–Pierce County Airport in Graham, Washington; 2026 South Hill Restaurant Award Winner; Lease control through 2029 with extension options reaching 2054
More about this property
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