Contacts
NAI Puget Sound Properties
Property Details
- Property Type Retail - Strip
- Property Size 52,139 SF
- Units 10
- Lot Size 3.55 Acre
- Date Updated Jun 22, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 52,139 SF of Retail Space on a 3.55 AC Site
- Compelling 20%+ IRR Potential Through Ground Lease Expiration
- Irreplaceable Location - Adjacent to Southcenter Mall
- Leasehold Sale – Improvements Only (Land Not Included)
- Low Basis Entry Point - $67 Per Foot on the Building
- Price: $3,500,000
- Prime Southcenter Retail Asset
- Significant Value-Add Upside – 23%+ Stabilized Cap Rate
- Subject to Ground Leases Expiring in 17 & 19 Years
Attachments
Getting around
-
57/100
Walk Score ®
-
46/100
Transit Score ®
-
34/100
Bike Score ®
Location
- City Tukwila, WA
- Zip Code 98188
- Market Seattle
Points of Interest
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Uber Pickup Zone
0.42 miles
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Tukwila International Boulevard
1.44 miles
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Capital Aeroporter Airport Shuttle
1.87 miles
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N Gates
1.87 miles
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A Gates
1.89 miles
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C Gates
1.94 miles
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B Gates
2.04 miles
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S Gates
2.06 miles
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Kent
4.91 miles
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Rainier Beach
4.94 miles
-
Chevron
0.28 miles
-
Tesla Supercharger
0.32 miles
-
Electrify America
0.37 miles
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Arco
0.85 miles
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Texaco
0.88 miles
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Costco Gasoline
0.89 miles
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76
1.29 miles
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ChargePoint
1.36 miles
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Alliance Auto Gas
1.42 miles
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Blink
1.48 miles
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Olympia Garage
0.39 miles
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Cascade Garage
0.49 miles
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Tukwila Station Park & Ride
1.14 miles
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ShuttlePark 2
1.27 miles
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Extra Car Parking
1.42 miles
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Tukwila International Boulevard Station Parking
1.44 miles
-
MasterPark Airport Valet Parking
1.47 miles
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MasterPark Lot C
1.48 miles
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MasterPark Lot B
1.49 miles
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Park N' Fly
1.54 miles
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Chilli O Chilli
0.09 miles
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Dong Thap Noodles
0.09 miles
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The Habit Burger Grill
0.10 miles
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Arashi Ramen - Tukwila
0.10 miles
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Bai Tong Thai
0.11 miles
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Pho Tai Vietnamese Noodle Shop
0.11 miles
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Max's Restaurant
0.12 miles
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Miyabi Sushi
0.12 miles
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Panda Express
0.13 miles
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Five Guys
0.15 miles
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Kohl's
0.26 miles
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Target
0.30 miles
-
TW Carrol
0.35 miles
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Sears
0.43 miles
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Burlington
0.47 miles
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Ross
0.51 miles
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Westfield Southcenter
0.52 miles
-
Nordstrom
0.54 miles
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JCPenney
0.55 miles
-
Macy's Backstage
0.56 miles
NAI Puget Sound Properties