16705 Southcenter Parkway

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16705 Southcenter Parkway

Tukwila, WA 98188
Asking Price
$5.69M
Asset Type
Storefront Retail
Class
Class B

What's Special

Free-standing retail or office building at 16705 Southcenter Parkway in Tukwila’s Southcenter core <ul><li>​Free-standing ±23,422 SF, three-story retail/office with Southcenter Parkway frontage</li><li>​0.84 acre site in Southcenter retail core designated as TUC-CC (Tukwila Urban Center - Commercial Corridor) zoning for broad commercial uses</li><li>​Central atrium with perimeter mezzanine creates a clean, gallery-style presentation for retail and showrooming.</li><li>​4-foot dock-high loading door plus additional 2-foot high loading bay</li><li>​39 striped on-site stalls provide convenient c

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NOI
$80,000
Cap Rate
1.41%
DSCR
0.24
Underwater
Cash-on-Cash
-15.10%
Monthly Payment
$28,151.015
Annual Cash Flow
$-257,812.185

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