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Federal Way Office Space Available
For Lease
$20 SF/Yr

1230 South 336th St, Federal Way, WA 98003

Office space near future Link Light Rail Station in Federal Way.

Space Size1,542 SF
Days on Market164

Property Features for 1230 South 336th St

General Information

Standard status Active
Size 1,542 SF
Property subtype Office
Lease Term NNN

Spaces For Lease

at 1230 South 336th St Contact us

Suite F $20/SF/Yr

Size
1,542 SF
Term
Negotiable
Contact us
Listing Agency: NAI Puget Sound Properties - Seattle
Listed By: Kurt Sorensen · License #SORENKA501L
Source: Nai-psp
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 17 at 5:40AM

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 NAI Puget Sound Properties - Seattle

Investment Insights

Based on property information with market context.

Available for lease is a 1,308-square-foot office space located in Federal Way, Washington. The property is situated minutes from the future Link Light Rail Station. The building is well-maintained and offers abundant parking. The office space is fully air-conditioned and provides easy access to I-5 and Pacific Hwy S. The location benefits from great visibility on South 336th St, which sees over 19,000 vehicles per day. An additional office suite, Suite F (Hart Insurance), offers 1,542 square feet.

Key Highlights

  • Minutes from future Link Light Rail Station
  • Easy access to I‑5 & Pacific Hwy S
  • Great visibility from South 336th St (19,000+ VPD)

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Hotel & Motel HVAC Service Pet Grooming Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,333
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

$20.3 /SF/Yr
Avg Asking Price
$17–$27.5 /SF/Yr
Price Range
5,187 SF
Avg Space Size

This space is priced 1% below the average of $20.3 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space near future Link Light Rail Station in Federal Way.
Where is this office units located?
The property is located at 1230 South 336th St Federal Way, WA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Minutes from future Link Light Rail Station; Easy access to I‑5 & Pacific Hwy S; Great visibility from South 336th St (19,000+ VPD)
More about this property
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