405 seatac airport - loopnet

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SEATAC AIRPORT 169 405 SEATTLE BELLEVUE TACOMA PORT OF TACOMA SOUNDER TRAIN LIGHT RAIL PORT OF SEATTLE 167 18 TUKWILA 5 90 YOUR SHIP’S COME IN Easy access to the seaports at the Port of Tacoma and Port of Seattle. $2 billion taxable retail sales occured in the city in 2016. More taxable retail sales occur in Tukwila than in 29 of Washington State counties. Located only 5 minutes from the 9th busiest airport in the United States. 80 RETAIL SALES Overview CITY OF TUKWILA AIRPORT EASE CENTER THE OF IT ALL NUMBER OF SPOKEN LANGUAGES Great for companies seeking employees who speak multiple languages. One of the most diverse cities in the United States, with over 80 languages spoken in the Tukwila School District. Incorporated in 1908, Tukwila has long been at the heart of commerce and business in Washington State. Big buying power By 2022, nearly 32% of households within a 30-minute drive time of Tukwila are forecasted to have an effective buying income greater than $100,000. 150,000 people visit Tukwila every day. Located at the intersections of Interstate 5, Interstate 405 and State Route 518. Nearly 200,000 people per day travel these freeways. LESS TAX, MORE PROFIT No City imposed Business and Occupation Tax. $

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Page 1: 405 SEATAC AIRPORT - LoopNet

SEATAC AIRPORT 169405

SEATTLE BELLEVUE

TACOMAPORT OF TACOMA SOUNDER TRAIN

LIGHT RAIL

PORT OF SEATTLE

16718

TUKWILA

5

90

YOUR SHIP’S COME INEasy access to the seaports at the Port of Tacoma and Port of Seattle.

$2 billion taxable retail sales occured in the city in 2016. More taxable retail sales occur in Tukwila than in 29 of Washington State counties.

Located only 5 minutes from the 9th busiest airport in the United States.

80RETAIL SALES

OverviewCITY OF TUKWILA

AIRPORT EASE

CENTERTHE

OF IT ALL

NUMBER OF SPOKENLANGUAGES

Great for companies seeking employees who speak multiple languages. One of the most diverse cities in the United States, with over 80 languages spoken in the Tukwila School District.

Incorporated in 1908, Tukwila has long been at the heart of commerce and business in Washington State.

Big buying powerBy 2022, nearly 32% of households within a 30-minute drive time of Tukwila are forecasted to have an e�ective buying income greater than $100,000.

150,000 people visit Tukwila every day. Located at the intersections of Interstate 5, Interstate 405 and State Route 518. Nearly 200,000 people per day travel these freeways.

LESS TAX, MORE PROFITNo City imposed Business and Occupation Tax.

$

Page 2: 405 SEATAC AIRPORT - LoopNet

171 205MILLION

$$MILLION

2012

2016

DiningCITY OF TUKWILA

“Tukwila is a great place to establish and grow a

restaurant business due to its high trac and

growing commercial and residential density.”

ORDER UPConsumers, within a 30-minute drive of the City of Tukwila, are estimated to spend $5.5 billion dining out in 2017.

Check, please

205 $MILLION

200ANNUAL SALES

EXCEEDING

RESTAURANTS WITH

Between 2012 and 2016, sales at Tukwila restaurants increased 20%, from $171M to $205M.

WHO’S NEWSOME OF THE NEWEST

RESTAURANTS TOOPEN IN TUKWILA

Din Tai Fung

the Habit Burger Grill

Arashi Ramen

Kizuki Ramen

85˚ C Bakery

$ 881PER SQUARE FOOT

( GROSS )

HAD SALES OFTOP FIVE RESTAURANTS

IN THE NEIGHBORHOODThere are nearly 900,000 households, with 2.17 million people who live within 30 minutes of the City.

Dan Lee Co-OwnerOdin Brewing Co.

Page 3: 405 SEATAC AIRPORT - LoopNet

INTERSECTION

DAILY TRIPS

OVER

ON SURROUNDING

EntertainmentCITY OF TUKWILA

OF FUN

FREEWAYS

AT THE

Located at the intersection of Interstate 5 and Interstate 405, two of Washington State’s busiest freeways. NOTABLE

Annual Visitors

TUKWILA ESTABLISHMENTS

iFlyFamily Fun CenterSykart Indoor RacingMuseum of FlightAcme BowlSeattle Sounders FCStar�re Sports

MUSEUM OF FLIGHT

630 kAMC & REGAL CINEMAS

1 millionSTARFIRE SPORTS

1.25 million

2 0 0 0 0 0

“Tukwila is a perfect place to spend a day with

my family. There is an extremely wide variety of

things to do, places to eat, and shopping.”

Ben Oliver

President and CEOStar�re Sports

Page 4: 405 SEATAC AIRPORT - LoopNet

Food ProductionCITY OF TUKWILA

“11 years ago we decided to relocate Seattle

Chocolates from Seattle to Tukwila and could

not be happier.”

IDEAL CENTRALLOCATIONEasy access to markets in Olympia, Tacoma, Bellevue, and Seattle.

2.17 Million People

No city imposedbusiness and

occupation taxes

Within 30 minutes of Tukwila there are 900,000 households, with 2.17 million people.

WELL KNOWNCOMPANIES IN TUKWILA

Seattle ChocolatesContinental MillsTop Pot DonutsSahale Snacks85˚ C BakeryShasta BeverageOdin BrewingMadrona SpecialtyFoods

Jean Thompson

CEOSeattle Chocolates

TAX

Page 5: 405 SEATAC AIRPORT - LoopNet

SEATAC AIRPORT 169405

SEATTLE BELLEVUE

TACOMAPORT OF TACOMA SOUNDER TRAIN

LIGHT RAIL

PORT OF SEATTLE

16718

TUKWILA

5

90 TAX

CENTRAL LOCATIONTukwila is located at the heart of the intersections of major commerce corridors, including Interstate 5, Interstate 405, State Route 518, West Valley Hwy, and State Route 167.

WORKFORCE READYHuge labor force to pull from, with 1.1 million workers within a 30 minutes’ drive from the City.

ManufacturingCITY OF TUKWILA

“The Mayor, City Council, and City sta� know

what it truly means to be “business friendly”

and they are committed to maintaining a strong

economic environment.”

Andrea Reay

President and CEOSeattle SouthsideChamber ofCommerce

NOTABLECOMPANIES IN TUKWILA

The Boeing Company

Industrial Revolution

Fatigue Technology

Red Dot

No city imposedbusiness and

occupation taxes

Page 6: 405 SEATAC AIRPORT - LoopNet

Southcenter DistrictCITY OF TUKWILA

“Seattle’s next great neighborhood isn’t in Seattle.”

One of the largest concentrations of shopping, dining, entertainment, and hotel establishments in Washington State.

HOME TO THE PACIFIC NORTHWEST’S

LARGEST MALL

ONE LOCATIONMANY CHOICES

Home to the largest mall in the Paci�c Northwest, West�eld Southcenter, with 1.7 million square feet of space. In 2016, nearly 15 million people visited West�eld Southcenter.

Some developments may qualify for streamlined environmental review.

WALKTO WORK

GREAT ACCESSBY TRAIN OR BUS

PERMITIS READY

Your

New $10 million pedestrian bridge connecting Tukwila Train Station to West�eld Southcenter will open in 2017.

Miles of recreational paths

along the Interurban and

Green River Trails.

Omar Lee

OwnerWashington Place

205 $MILLION

200ANNUAL SALES

EXCEEDING

RESTAURANTS WITH

NEARLY

Other than Seattle, Tukwila is the only city in King County to be served by the Sounder Train, Amtrak, Link Light Rail, and Metro Rapid Ride buses.

TOWER

2018RESIDENTIAL

FIRST

OPENS IN

Page 7: 405 SEATAC AIRPORT - LoopNet

SEATAC AIRPORT 169405

SEATTLE BELLEVUE

TACOMAPORT OF TACOMA SOUNDER TRAIN

LIGHT RAIL

PORT OF SEATTLE

16718

TUKWILA

5

90

EDUCATED WORKFORCENearly 45% of people who live within 30 minutes of the City have at least a Bachelor’s degree or higher.

Great place for employees to work, with the largest mall in the Paci�c Northwest, nearly 200 restaurants, trail system and Community Center.

GREATACCESS

EMPLOYEE PERKS

OFFICE RENTPER SQUARE FOOT

$

O­ceCITY OF TUKWILA

BUSINESSCONNECTIONS

MULTI-LINGUALSeeking employees who speak a language other than English? More than 80 languages are spoken in the Tukwila School District.

OVERALL ASKING RENT (ALL CLASSES)

2309

TUKW

ILA

2810

LYN

NW

OO

D

2891

KIRK

LAN

D

3162

RED

MO

ND

4078

SEAT

TLE

CBD

42 41

BELL

EVU

E CB

D

Other than Seattle, Tukwila is the only city in King County to be served by the Sounder Train, Amtrak, Link Light Rail, and Metro Rapid Ride buses.

Located �ve minutes from Sea-Tac Airport, the 9th busiest airport in the United States. Sea-Tac provides direct connections to destinations throughout the Americas, Europe, and Asia.

“We are expanding our operations and

investment here and believe the future for

Tukwila is very bright.”

Benson Porter CEO / BECU

NOTABLECOMPANIES IN TUKWILA

The Boeing Company

Department ofHomeland Security

BECU

Raisbeck Engineering, Inc.

Page 8: 405 SEATAC AIRPORT - LoopNet

SEATAC AIRPORT 169405

SEATTLE BELLEVUE

TACOMAPORT OF TACOMA SOUNDER TRAIN

LIGHT RAIL

PORT OF SEATTLE

16718

TUKWILA

5

90

55% of Washington State’s population lives within a one-hour drive of the City.

By 2022, nearly 32% of household within a 30-minute drive time of Tukwila are forecasted to have an e�ective annual buying income greater than $100,000.

PACIFIC NORTHWEST’S

SHOPPING MALLLARGEST

SPENDING POWER

SHOPPINGDESTINATION

2.17Million People

DRIVE TO TUKWILALIVE WITHIN A 30 MINUTE

RetailCITY OF TUKWILA

SHOP & DINETukwila provides easy access by car, train, and bus for customers to shop and dine.

Aggregate e�ective income within a 30-minute drive of the City is estimated to be $95.8 Billion.

In 2017, consumers within a 30-minute drive of the City are estimated to spend $42.9 billion in retail stores and restaurants.

Tukwila is home to the Paci�c Northwest’s largest Mall, West�eld Southcenter, which includes well-known national retailers, such as Nordstrom, Macy’s, Apple Store, Din Tai Fung, and Cheesecake Factory.

RETAIL SALESGROWING$

“We wanted to invest here because Tukwila

is a well-established regional shopping hub

with great vehicle and transit access and a

business climate that is friendly and

responsive.”

Leshya Wig Partner, Wig Properties