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    Federal Way, WA Drug Stores for Sale

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    Auburn, WA Kent, WA Des Moines, WA
    Walgreens NNN Investment Opportunity
    $4,285,000
    14,238 SF
    Walgreens NNN Investment Opportunity

    28817 Military Rd S, Federal Way, WA 98003

    NNN Walgreens in Federal Way with strong traffic and demographics.
    • Absolute NNN lease with 5+ years remaining, corporately guaranteed by Walgreens Boots Alliance, Inc.
    • Located in a high‑traffic area (33,000+ vehicles per day) at a signalized intersection with excellent visibility and access.
    • Shadow‑anchored by a top 10% ranked Safeway and adjacent to Valley Harvest International Market, driving strong traffic.
    • Walgreens has occupied the location since 2004 (21+ years).
    • Robust demographics with 230,000 residents within five miles and average household incomes exceeding $100,000.
    Updated: Feb 18
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Walgreens NNN Investment Opportunity
    $5,000,000
    14,550 SF
    Freestanding Walgreens NNN Investment Opportunity

    Passive NNN Walgreens investment with long-term lease and zero landlord responsibilities.

    425 Bridge St, Clarkston, WA 99403

    View details
    Freestanding Building in Retail Corridor
    $5,000,000
    14,550 SF
    Freestanding Building in Retail Corridor

    Passive investment opportunity with a long-term tenant and stable income.

    425 Bridge St, Clarkston, WA 99403

    View details
    High-Performing CVS Pharmacy For Sale
    $8,898,000
    High-Performing CVS Pharmacy For Sale

    Profitable CVS in Puyallup, WA, ideal for 1031 exchange.

    9502 176th Street East, Puyallup, WA 98375

    View details
    Former Rite Aid in Puyallup
    $5,500,000
    16,750 SF
    Former Rite Aid in Puyallup

    Former Rite Aid on a hard corner with high traffic.

    11220 Canyon Rd E, Puyallup, WA 98446

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in McKinleyville, CA
    $395,000
    5.75 Acres
    Commercial Land in McKinleyville, CA

    5.75 acres of commercial land in high-traffic McKinleyville location.

    Central Avenue, Mckinleyville, CA 95519

    View details
    McKinleyville Commercial Land For Sale
    $395,000
    250,470 SF
    McKinleyville Commercial Land For Sale

    5.75 acres of commercial land in high-traffic McKinleyville location.

    Central Avenue, Mckinleyville, CA 95519

    View details
    North Chico Land Investment Opportunity
    $1,100,000
    87,120.00 Acres
    North Chico Land Investment Opportunity

    Two-acre corner lot in North Chico with office residential zoning.

    0 Lassen Avenue, Chico, CA 95973

    View details
    Corner Lot in Chico
    $549,000
    33,541.00 Acres
    Corner Lot in Chico

    High-visibility corner lot near Hwy 99, zoned for mixed-use.

    996 E 1st, Chico, CA 95926

    View details

    Federal Way, WA Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Federal Way, WA on our real estate platform. These investment opportunities span a total of 14,238 square feet of properties for sale, with an estimated market value of $4,285,000.

    Sale prices for pharmacies in Federal Way, WA start at $4,285,000, averaging $4,285,000, and reaching up to $4,285,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 10
    Auto shops 2
    Automotive properties 2
    Drug stores 2
    Grocery and convenience stores 1

    Demographics Overview

    Population 138K
    Population Growth (5Y) +4.6%
    Median Household Income $91,533
    College Educated 23.6%

    High-Yield Neighborhoods for Investment

    Identify Federal Way submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98003 $4.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $9.26 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Federal Way fall within the 25,000 to 50,000 square foot range.

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