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Renovated Flex Space Park
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699 Strander Boulevard, Tukwila, WA 98188

Recently renovated flex space park with office and industrial units, plus on-site management.

Property Size200 SF - 10,000 SF
Days on Market134

Property Features for 699 Strander Boulevard

General Information

Standard status Active
Size 200 SF - 10,000 SF
Net Rentable 200 SF
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 200-10,000 SF
Space Use Industrial

Lease Terms

Lease Rate $1.00 /USD/SF/MO
Monthly Rent $200-$10,000
Rent per SF/Year $12

Additional Details

Highway Access Yes
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: John Brussa
Source: Moodyscre
Added: Mar 20 Changed: Jul 29 Last Checked: Jul 30 at 9:25AM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

A renovated flex space park offering office and industrial spaces for a range of users. Suites span from 200 to 10,000 square feet, supported by on-site management. The property is managed as a centrally located park with options for smaller square footage users.

The park sits next to Southcenter Mall and provides quick access to major freeways, including I-5, I-405, Highways 167, 509, 99, and Rainier Avenue. It is minutes from area amenities and Sea-Tac Airport.

For tenants seeking flexible, centrally located space with operational support on site, this property provides a practical platform within a renovated park environment.

Key Highlights

  • Office and industrial flex spaces from 200 to 10,000 square feet
  • Recently renovated with new ownership
  • On‑site management

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Pet Grooming Service Daycare Center Tanning Salon (Bike/Boat/Book/etc) Store Fish Market Acupuncture

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,700
Businesses Nearby
Well-served
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

Lease Benchmarks for Tukwila, WA

$43.53 /SF/Yr
Avg Asking Price
$12–$206 /SF/Yr
Price Range
2,607 SF
Avg Space Size

This space is priced 72% below the average of $43.53 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Recently renovated flex space park with office and industrial units, plus on-site management.
Where is this flex space located?
The property is located at 699 Strander Boulevard Tukwila, WA.
What are key features of this property?
This property features: Office and industrial flex spaces from 200 to 10,000 square feet; Recently renovated with new ownership; On‑site management
(425) 891-1424 Call to check price and availability
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