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Southcenter Parkway Shopping Center 3 biens | Local commercial | À vendre | 3 066 770 € | Tukwila, WA



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Informations principales sur l'investissement
- Significant Value-Add Upside – 23.74%+ Stabilized Cap Rate
- Premier Southcenter Location
- Owner-User Potential
- Leasehold Structure Creates Low Basis Entry Point
- Compelling 20%+ IRR Potential Through Ground Lease Expiration
- The Southcenter submarket in Tukwila, Washington is the premier retail destination in the Pacific Northwest.
Résumé analytique
NAI Puget Sound Properties is pleased to exclusively offer for sale the leasehold interest in the Southcenter Parkway Shopping Center, comprising a 52,139 SF multi-tenant retail center located in the highly desirable Southcenter area of Tukwila, WA. This offering represents a unique opportunity to acquire the improvements for an extremely low cost basis and high stabilized yield. The buildings are subject to two ground leases (one for each parcel) with 19 and 17 years of term remaining, respectively. The ownership of the improvements revert to the landowner at expiration.
The center is situated in the heart of the Southcenter retail corridor, one of the Pacific Northwest’s most trafficked retail trade areas, directly adjacent to Westfield Southcenter Mall and surrounded by a dense concentration of national and regional retailers, hotels, and employment centers.
The center is situated in the heart of the Southcenter retail corridor, one of the Pacific Northwest’s most trafficked retail trade areas, directly adjacent to Westfield Southcenter Mall and surrounded by a dense concentration of national and regional retailers, hotels, and employment centers.
Informations sur l’immeuble
| Prix | 3 066 770 € | Nb de biens | 3 |
| Prix/m² | 694,27 € / m² | Individuellement en vente | 0 |
| Condition de vente | Emphytéose | Surface totale de l’immeuble | 4 417 m² |
| Type de vente | Investissement ou propriétaire occupant | Surface totale du terrain | 2,25 ha |
| Statut | Actif |
| Prix | 3 066 770 € |
| Prix/m² | 694,27 € / m² |
| Condition de vente | Emphytéose |
| Type de vente | Investissement ou propriétaire occupant |
| Statut | Actif |
| Nb de biens | 3 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 4 417 m² |
| Surface totale du terrain | 2,25 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Southcenter Parkway Retail
16901-16971 Southcenter Pky, Tukwila, WA 98188 |
Local commercial | 1 881 m² | 1988 | - |
| 16875 Southcenter Pky, Tukwila, WA 98188 | Local commercial | 1 337 m² | 1990 | - |
|
Lamps Plus
16831-16839 Southcenter Pky, Tukwila, WA 98188 |
Local commercial | 1 199 m² | 1990 | - |
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Southcenter Parkway Shopping Center
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