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Federal Way Office Space Available
For Lease
$17 SF/Yr

33903 Pacific Highway South, Federal Way, WA 98003

First floor office space with frontage on Pacific Highway South.

Property Size3,387 SF
Days on Market252

Property Features for 33903 Pacific Highway South

General Information

Standard status Active
Size 3,387 SF
Property subtype Office
Listing Agency:
Listed By: Matt Le · License #WA #23019714
Source: Naiglobal
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Jul 30 at 5:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matt Le

Investment Insights

Based on property information with market context.

This 1,255 square foot office space is located on the first floor of a building with a total property size of 3,387 square feet. The property is situated in Federal Way and offers frontage on Highway 99, also known as Pacific Highway South. It provides accessibility to I-5. The office space includes private restrooms and ample parking. The space is currently available.

Key Highlights

  • Excellent frontage on Hwy 99
  • Easy access to I‑5
  • First‑floor office space

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store Cosmetic Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,070
Businesses Nearby

Demographics for 98003, WA

51,751
Population
20,380
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
88%
High-School Grad
11.5 sq mi
ZIP Area
4,500
Density / Sq Mi
$70,800
Median Household Income
$39,497
Median Earnings
$1,650
Median Rent
$428,500
Median Home Value

Market

Lease Benchmarks for Federal Way, WA

$20.61 /SF/Yr
Avg Asking Price
$17–$27.5 /SF/Yr
Price Range
7,314 SF
Avg Space Size

This space is priced 18% below the average of $20.61 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First floor office space with frontage on Pacific Highway South.
Where is this office units located?
The property is located at 33903 Pacific Highway South Federal Way, WA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Excellent frontage on Hwy 99; Easy access to I‑5; First‑floor office space
More about this property
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