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.

Courtesy of NWMLS
Listing courtesy of Joey Soller of Keller Williams Greater 360



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-09 10:46 PM PDT