Listing provided courtesy of Keller Williams Greater 360NWMLSMLS# NWM2528741MLS Provider
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Top Gun Bar & Grill – Award-Winning Investment Opportunity. Own the legendary Top Gun Bar & Grill, recognized as the 2026 South Hill Restaurant Award Winner. Located at the iconic Thun Field–Pierce County Airport, this high-volume operation generated over $4.49M in revenue in 2025. Elite Financial Performance: Nearly $3.9M in food, beverage, and merchandise sales, complemented by a powerful pull-tab operation that produced over $3.27M in gross receipts and drives exceptional customer traffic. Strong 2025 financials include $2.86M in gross profit, $424,260 in NOI, and $441,880 in net income. Investor-Friendly Metrics: Offered at $1.2M, equating to a 35.36% implied cap rate and approximately 2.72x net income. Current earnings indicate the potential for investment recovery in under three years. Long-Term Stability: Lease control through 2029 with extension options reaching 2054. Strategic Advantage: A one-of-a-kind location at Thun Field creates a competitive moat that cannot be replicated. Enjoy unmatched visibility, a loyal customer base, aviation-themed destination appeal, and stunning Mount Rainier views. This turnkey business is positioned for continued growth and long-term success.

Source: NWMLS, MLS#: NWM2528741

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  • Property Type
    Business Opportunity

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Cherie McNeal

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  • Median Age
    36
  • Population Density
    2,767
  • College Educated
    39%
  • Estimated Median Income
    $88,882
  • Estimated Total Home Owners
    10,292
  • Estimated Total Renters
    4,659
  • Owner / Renter Divide
    69% / 31%
  • Estimated Average Household Size
    3
  • Total Population
    44,293
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 16807 103rd Avenue Ct E


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/10/2026Source: NWMLS Added to Database
June 10, 2026