100% Leased!
100% Leased! Other retailers in the area include:
PARK PLACE SHOPPING CENTER 17501 Southcenter Parkway, Tukwila, WA 98188
For leasing information contact: Steve Hansen or John Chelico | 425.455.0500 [email protected] | [email protected]
PARK PLACE SHOPPING CENTER
Site Plan
WAY PARK R E T CEN
H
E
T-MOBIL
L CASUEAXL MAL
SOUT
North For leasing information contact: Steve Hansen or John Chelico | 425.455.0500 [email protected] | [email protected]
PARK PLACE SHOPPING CENTER
Traffic Counts Average Daily Traffic Counts for 17000 Southcenter Parkway (in front of site): 28,000 cars per day. Source: City of Tukwila.
Market and Site Information Bellevue
Seattle
Tukwila: Tukwila lies in the heart of the Puget Sound region, sitting 12 miles south of downtown Seattle, 17 miles north of downtown Tacoma, just east of SeattleTacoma International Airport, and at the crossroads of two major interstate highways, I-5 and I-405. Its central location makes Tukwila an ideal site for approximately 2,000 businesses. Market Profile:
Overall, the Southcenter retail market continues to be a strong regional attraction.
PARK PLACE SHOPPING CENTER
kw
er Blvd
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ar
Strand
te
ler Blv
d.
80th
S t re
et
rP ve do An
S. 1
An
do
ve
rP
ark
ark
Ea
st
We s
Parkway Super Center
We s t Va ll
M ink
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Southcenter Square t
So
ut
The site is located near the southern boundary of retail marked by the intersection of Southcenter Pkwy. and S. 180th St. These arterials provide access north and south from the Southcenter Mall north of the site and across the valley to the east. The most influential development in the general area is Southcenter Mall, immediately north of the site. Constructed in 1968, the Mall has approximately 1,565,265 sq ft, 152 stores, 7,300 parking spaces, and five anchors. It anchors many retail developments in the immediate neighborhood. The Mall is in the process of adding roughly 788,000 sq ft, including restaurants, theaters and retail space. The Southcenter area is one of the four largest retail centers in King County.
ay
Park Place Shopping Center
Westfield Southcenter Mall
en
The ‘Southcenter’ Factor:
Renton
SeaTac
hc
The Southcenter retail area is strategically located at the intersection of the I-5 and I-405 freeways approximately 10 miles south of the Seattle CBD. It is the largest concentration of retail square footage in the Seattle area market as well as the most vibrant market for “big box” retailers in the Northwest. As well as being a major retail center, Southcenter is the beginning point for the Kent Valley industrial and commercial market which consists of over 60 million square feet of industrial space and 7 million square feet of office space. Total employment is over 50,000 and it is the largest distribution market outside of southern California. Major employers include the Boeing Company, Starbucks, Providence Health Care Systems and numerous Fortune 500 and regional companies. Along with the surrounding residential population of 255,000 in a five mile ring the daytime business population adds strength to the retail sales volume.
Demographics Radius
1 Mile
3 Mile
5 Mile
King County
Population 2007
3,064
54,109
244,544
1,832,101
Median Household Income
$75,422
$53,141
$57,890
$68,249
Median Age
43.5
35.0
36.5
37.4
Households
1,190
21,152
97,585
751,561
Average Vehicles per HH
2.1
1.7
1.7
1.7
Median Owner Occupied Property Value (2000)
$169,407
$159,047
$178,853
$277,718
Average Rent (2000)
$823
$631
$659
$741
Owners Ratio
81.1%
48.6%
55.6%
58.9%
Everett BOTHELL WOODINVILLE
REDMOND 520
Bellevue
Seattle
ISSAQUAH
SEATTLE INTERNATIONAL AIRPORT
RENTON
PARK PLACE SHOPPING CENTER
167 KENT AUBURN 18
For leasing information contact: Steve Hansen or John Chelico | 425.455.0500 [email protected] | [email protected]
16
PARK PLACE
Tacoma
SHOPPING CENTER
The information provided was compiled from data furnished by the property owner and/or other sources we deemed reliable, however the accuracy is not guaranteed. Prospective purchasers should verify all such information on their own behalf. The site plan is presented solely for the purpose of identifying the approximate location and size of the building presently contemplated by the owner. Building sizes, site dimensions, access and parking areas, existing tenant locations and identities are subject to change without notice at the owners discretion.
PARK PLACE SHOPPING CENTER 17501 Southcenter Parkway, Tukwila, WA 98188
For leasing information contact: Steve Hansen or John Chelico | 425.455.0500 [email protected] | [email protected]
PARK PLACE SHOPPING CENTER
Site Plan
WAY PARK R E T CEN
H
E
T-MOBIL
L CASUEAXL MAL
SOUT
North For leasing information contact: Steve Hansen or John Chelico | 425.455.0500 [email protected] | [email protected]
PARK PLACE SHOPPING CENTER
Traffic Counts Average Daily Traffic Counts for 17000 Southcenter Parkway (in front of site): 28,000 cars per day. Source: City of Tukwila.
Market and Site Information Bellevue
Seattle
Tukwila: Tukwila lies in the heart of the Puget Sound region, sitting 12 miles south of downtown Seattle, 17 miles north of downtown Tacoma, just east of SeattleTacoma International Airport, and at the crossroads of two major interstate highways, I-5 and I-405. Its central location makes Tukwila an ideal site for approximately 2,000 businesses. Market Profile:
Overall, the Southcenter retail market continues to be a strong regional attraction.
PARK PLACE SHOPPING CENTER
kw
er Blvd
.
rP
ar
Strand
te
ler Blv
d.
80th
S t re
et
rP ve do An
S. 1
An
do
ve
rP
ark
ark
Ea
st
We s
Parkway Super Center
We s t Va ll
M ink
ey Hw y .
Southcenter Square t
So
ut
The site is located near the southern boundary of retail marked by the intersection of Southcenter Pkwy. and S. 180th St. These arterials provide access north and south from the Southcenter Mall north of the site and across the valley to the east. The most influential development in the general area is Southcenter Mall, immediately north of the site. Constructed in 1968, the Mall has approximately 1,565,265 sq ft, 152 stores, 7,300 parking spaces, and five anchors. It anchors many retail developments in the immediate neighborhood. The Mall is in the process of adding roughly 788,000 sq ft, including restaurants, theaters and retail space. The Southcenter area is one of the four largest retail centers in King County.
ay
Park Place Shopping Center
Westfield Southcenter Mall
en
The ‘Southcenter’ Factor:
Renton
SeaTac
hc
The Southcenter retail area is strategically located at the intersection of the I-5 and I-405 freeways approximately 10 miles south of the Seattle CBD. It is the largest concentration of retail square footage in the Seattle area market as well as the most vibrant market for “big box” retailers in the Northwest. As well as being a major retail center, Southcenter is the beginning point for the Kent Valley industrial and commercial market which consists of over 60 million square feet of industrial space and 7 million square feet of office space. Total employment is over 50,000 and it is the largest distribution market outside of southern California. Major employers include the Boeing Company, Starbucks, Providence Health Care Systems and numerous Fortune 500 and regional companies. Along with the surrounding residential population of 255,000 in a five mile ring the daytime business population adds strength to the retail sales volume.
Demographics Radius
1 Mile
3 Mile
5 Mile
King County
Population 2007
3,064
54,109
244,544
1,832,101
Median Household Income
$75,422
$53,141
$57,890
$68,249
Median Age
43.5
35.0
36.5
37.4
Households
1,190
21,152
97,585
751,561
Average Vehicles per HH
2.1
1.7
1.7
1.7
Median Owner Occupied Property Value (2000)
$169,407
$159,047
$178,853
$277,718
Average Rent (2000)
$823
$631
$659
$741
Owners Ratio
81.1%
48.6%
55.6%
58.9%
Everett BOTHELL WOODINVILLE
REDMOND 520
Bellevue
Seattle
ISSAQUAH
SEATTLE INTERNATIONAL AIRPORT
RENTON
PARK PLACE SHOPPING CENTER
167 KENT AUBURN 18
For leasing information contact: Steve Hansen or John Chelico | 425.455.0500 [email protected] | [email protected]
16
PARK PLACE
Tacoma
SHOPPING CENTER
The information provided was compiled from data furnished by the property owner and/or other sources we deemed reliable, however the accuracy is not guaranteed. Prospective purchasers should verify all such information on their own behalf. The site plan is presented solely for the purpose of identifying the approximate location and size of the building presently contemplated by the owner. Building sizes, site dimensions, access and parking areas, existing tenant locations and identities are subject to change without notice at the owners discretion.
