Building Details

Year Built 1990

Listing Agency: KAMALOR COMMERCIAL REAL ESTATE C***@kamalor.com Show Phone

Listed By: CHRISTIAN DECKER · License #22023064

Source: Corcoran

Added: Jan 21 Changed: Aug 8 Last Checked: Aug 8 at 6:11AM

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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 KAMALOR COMMERCIAL REAL ESTATE

Investment Insights

Based on property information with market context.

The property at 16875 Southcenter Parkway offers up to 14,392 square feet of retail space. It is located within the Southcenter trade zone, near I-5 and I-405, at a lighted intersection. The location provides high daily traffic and signage opportunities.

Key Highlights

• Unbeatable location near I‑5 and I‑405.
• Premier signage opportunities available.
• High daily traffic volume due to location at a lighted intersection.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

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

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,380

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Flexible retail space in a high-traffic location.

Where is this retail space located?

The property is located at 16875 Southcenter Pkwy Tukwila, WA.

What is the lease rate?

The lease rate is $29,983.

What are key features of this property?

This property features: Unbeatable location near I‑5 and I‑405.; Premier signage opportunities available.; High daily traffic volume due to location at a lighted intersection.