35109 Pacific Hwy S Federal Way, WA 98003

This commercial site, suitable for an owner-user or developer, features a 2,400-square-foot building on a 1.43-acre lot. Built in 1980 and upgraded in 2015, the property is zoned CE (Commercial Enterprise). Currently, the property is 100% owner-occupied and operating as a well-established restaurant generating strong profits. The tenant provides short term cashflow during the entitlement period. The centralized location along Hwy-99 provides excellent freeway access to I-5, offering convenient access to Seattle, Bellevue, Tacoma, and SeaTac Airport, as well as direct access to Auburn, Renton, and Kent via Hwy-18. The property benefits from a signalized T-intersection location with high exposure to approximately 45,000 vehicles per day. It is located in proximity to existing amenities and upcoming developments, including a mixed-use project featuring 395 apartments and 23,000 square feet of retail space currently in permitting. A new $1.4 billion Sound Transit light-rail Operations and Maintenance Facility on a 59-acre site is planned to open in 2029. The new Federal Way light-rail station is scheduled for 2024, which is anticipated to increase overall commercial traffic and demand for local businesses. Additional nearby developments include a new 225,882-square-foot Amazon warehouse and Smith Brothers Farms’ new 40,000-square-foot warehouse and office for storage and distribution. The Commons Shopping Mall expansion includes three new pad sites with free-standing buildings, totaling 16,000 square feet, to serve new businesses and restaurant tenants.