Tukwila, WA
Commercial Real Estate Market Trends & Data

$400 Avg asking sale price
$235 Avg asking lease rate
12,654 SF Avg unit lease size
59,876 SF Avg building size for sale
5.65% Average cap rate

Tukwila's Demographic Profile

Tukwila has 7,819 households and a median income of $73,581, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 20,974
# Households 7,819
Median age 38
Median household income $73,581
Avg household size 3.0
Renter-occupied housing units 4,533
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Tukwila, WA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Seatac $435 14,849 SF 9.35%
Burien $178 20,548 SF 9.35%
Normandy Park $693 9,149 SF 7.11%
Nearby Retail Markets Avg Cost/SF Typical Size
Tukwila $585 25,845 SF
Seatac $180 33,650 SF
Renton $614 11,399 SF
Seattle $632 8,220 SF
Des Moines $301 14,238 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Renton $321 15,595 SF 5.67%
Seattle $406 11,502 SF 6.93%
Kent $262 10,460 SF 8.20%
Bellevue $790 3,488 SF 3.50%
Federal Way $349 5,736 SF 6.32%

Commercial Properties For Sale in Tukwila

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Prime Tukwila Industrial/Flex

Tukwila, WA 98188

  • 41,286 SF Flex Building
  • $8,900,000
For Sale

Candlewood Suites avid Dual Brand Development

Tukwila, WA 98168

  • 26,750 SF Hospitality
  • $3,000,000
For Sale

Southcenter Parkway Shopping Center

Tukwila, WA

  • Retail Building
  • $3,500,000
For Sale

South Kenyon Street Industrial

Seattle, WA 98108

  • 0.34 AC Lot
  • 1 Industrial Lot
  • $1,600,000
For Sale

LB Building

Tukwila, WA 98168

  • 5,856 SF Industrial Building
  • $2,300,000
For Sale

Seattle Welding

Seattle, WA 98108

  • 4,802 SF Industrial Building
  • $1,925,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Tukwila pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Tukwila $400 59,876 SF
Seatac $195 30,323 SF
Burien $224 11,836 SF
Normandy Park $693 9,149 SF
Renton $464 69,877 SF

Regional Demographic Comparison

This comparison places Tukwila alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Tukwila or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Seatac 30,329 10,424 39 $76,698 3 5,566 -1%
Burien 35,952 13,982 41 $91,621 3 6,626 1%
Normandy Park 6,747 2,636 49 $126,793 3 585 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Tukwila, WA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Tukwila

View All Commercial Real Estate For Sale in Tukwila
Is Tukwila a good market for a first-time commercial real estate investor?

Tukwila offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Tukwila?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Tukwila. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Tukwila?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Tukwila. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Tukwila compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Tukwila. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Tukwila acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Tukwila, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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