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Retail Space in Federal Way
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2400 S 320th St, Federal Way, WA 98003

Retail space with high visibility in a dynamic commercial corridor.

Space Size10,350 SF
Days on Market181

Property Features for 2400 S 320th St

General Information

Standard status Active
Size 10,350 SF
Property subtype Retail

Building Details

Building Size 10,350 SF
Year Built 1977

Spaces For Lease

at 2400 S 320th St Contact us

Full Building

Size
10,350 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Yeh-Hee Hahn
Source: Lee-associates
Added: Mar 4 Changed: Aug 26 Last Checked: Aug 31 at 3:50PM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Located in Federal Way’s Central Business District, this retail space features approximately 275 feet of frontage along S 320th Street, offering excellent visibility and direct access. Situated along South 320th Street, Federal Way’s primary retail and commercial artery, the location benefits from high daily traffic counts estimated between 40,000 and 80,000 vehicles.

Key Highlights

  • Prominent ±275 feet of frontage along S 320th Street.
  • Located in Federal Way’s Central Business District.
  • Excellent visibility and direct access.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Electrical Service Building Supply Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby
490k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Superstores 26% Apparel 20% Shops & Services 6%
Target Superstores
128,173 visits/mo 0.3 miles
T.J. Maxx Apparel
50,639 visits/mo 0.4 miles
McDonald's Dining
44,198 visits/mo 0.1 miles
HomeGoods Home Improvements & Furnishings
27,979 visits/mo 0.5 miles
76 Shops & Services
24,396 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high visibility in a dynamic commercial corridor.
Where is this retail space located?
The property is located at 2400 S 320th St Federal Way, WA.
What are key features of this property?
This property features: Prominent ±275 feet of frontage along S 320th Street.; Located in Federal Way’s Central Business District.; Excellent visibility and direct access.
More about this property
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