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Conventional Restaurant with Walk-In Cooling
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For Sale
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16860 Southcenter Parkway, Tukwila, WA 98188

Established restaurant business in Southcenter Shopping Center with walk-in refrigeration and on-site parking.

Property Size2,500 SF
Price / SF$60
Days on Market7

Property Features for 16860 Southcenter Parkway

General Information

Standard status Active
Size 2,500 SF
Property subtype Retail, Business for Sale

Restaurant

Seating Capacity 75
Hood Type Type I
Commercial Hood Yes

Additional Details

Business Included Yes

Amenities

Walk-In Freezers & Coolers
20 Foot Type 1 Hood
Abundant Free Parking
Listing Agency: CCM Commercial
Listed By: Cal Mitchell · License #WA
Source: Crexi
Added: Aug 29 Changed: Sep 4 Last Checked: Sep 4 at 2:29PM

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 CCM Commercial

Investment Insights

Based on property information with market context.

Restaurant business occupying 2,500 SF within Southcenter Shopping Center in Tukwila. The premises include walk-in freezers and coolers, a 20-foot Type 1 hood, and seating for up to 75 guests. The operation has been established for 7 years and is being offered with the business.

The site is at 16860 Southcenter Parkway and includes abundant free parking. A six-year lease is in place, along with a five-year option, providing a defined occupancy structure for the next operator.

Key Highlights

  • 2,500 SF restaurant premises in Southcenter Shopping Center
  • 20‑foot Type 1 hood supports commercial food preparation
  • Walk‑in freezers and coolers included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Acupuncture Tanning Salon Grocery & Convenience 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
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,562
Businesses Nearby
Balanced
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant business in Southcenter Shopping Center with walk-in refrigeration and on-site parking.
Where is this conventional restaurant located?
The property is located at 16860 Southcenter Parkway Tukwila, WA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,500 SF restaurant premises in Southcenter Shopping Center; 20‑foot Type 1 hood supports commercial food preparation; Walk‑in freezers and coolers included
More about this property
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