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5950 Southcenter Blvd - Tukwila Self-Storage 52,500 SF Specialty Building Offered at $20,938,801 CAD in Tukwila, WA 98188
EXECUTIVE SUMMARY
First time on the market, extremely well located 621 unit self storage facility. Strong rental history, currently at 90% occupied. Professionally managed overlooking Southcenter Mall and I-405. Tukwila is a key submarket within the greater Seattle Metro area. This asset offers a compelling opportunity for investors seeking exposure to a high-demand corridor with strong demographic fundamentals and strategic infrastructure proximity. The operator is Storage Court, with a wide range of unit sizes, including climate-controlled and drive-up options. Gated access, 24-hour surveillance and motion sensors. On-site U-Haul rentals and supplies. Tukwila population is around 20,000 with strong household income above national averages. Storage facility is being offered just over a 5% CAP. Call for a complete offering memorandum.
PROPERTY FACTS Under Contract
| Price | $20,938,801 CAD | Lot Size | 1.00 AC |
| Price Per SF | $398.83 CAD | Building Size | 52,500 SF |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Specialty | Year Built | 2002 |
| Property Subtype | Self-Storage | Parking Ratio | 0.22/1,000 SF |
| Building Class | B | ||
| Zoning | HDR | ||
| Price | $20,938,801 CAD |
| Price Per SF | $398.83 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 52,500 SF |
| No. Stories | 4 |
| Year Built | 2002 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | HDR |
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PROPERTY TAXES
| Parcel Number | 359700-0202 | Improvements Assessment | $11,413,100 CAD |
| Land Assessment | $1,229,290 CAD | Total Assessment | $12,642,390 CAD |
PROPERTY TAXES
Parcel Number
359700-0202
Land Assessment
$1,229,290 CAD
Improvements Assessment
$11,413,100 CAD
Total Assessment
$12,642,390 CAD
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5950 Southcenter Blvd - Tukwila Self-Storage
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