Retail Space Near Light
For Lease
Contact for pricing
2424-2424 South 320th Street, Federal Way, WA 98003
The site connects to Interstate 5 and regional rail service, with hotels and major employers nearby.
Space Size9,753 SF
Days on Market8
Property Features for 2424-2424 South 320th Street
General Information
Standard status
Active
Size
9,753 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Spaces For Lease
at 2424-2424 South 320th Street
Prime Retail Space in Federal Way, WA
AVAILABLE
Size
9,753 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Located on South 320th Street in Federal Way City Center, the property is near Interstate 5 at Exit 143 and the HOV ramps at South 317th Street. It is within walking distance of the Federal Way Downtown light rail station, which offers direct service to Seattle-Tacoma International Airport and continues north through downtown Seattle to Lynnwood. Two nationally branded hotels, Courtyard by Marriott and Hampton Inn & Suites, are nearby within Gateway Center.
The location is supported by more than 230,000 residents within five miles and nearby employers in the corporate and healthcare sectors, including the Washington Education Association, World Vision U.S., DaVita, and St. Francis Hospital, part of Virginia Mason Franciscan Health.
Contact us
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 383-8382
Listed By:
Yeh-Hee Hahn
(253) 230-2412
Source:
Moodyscre
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 5 at 9:31PM
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.
This 9,753-square-foot retail space is on South 320th Street in Federal Way City Center. The property is near Interstate 5 Exit 143 and the HOV ramps at South 317th Street. Federal Way Downtown light rail station is within walking distance, providing service to Seattle-Tacoma International Airport and points north through downtown Seattle to Lynnwood.
Courtyard by Marriott and Hampton Inn & Suites are nearby in Gateway Center. The surrounding five-mile area has more than 230,000 residents, and nearby corporate and healthcare employers include the Washington Education Association, World Vision U.S., DaVita, and St. Francis Hospital, part of Virginia Mason Franciscan Health.
Courtyard by Marriott and Hampton Inn & Suites are nearby in Gateway Center. The surrounding five-mile area has more than 230,000 residents, and nearby corporate and healthcare employers include the Washington Education Association, World Vision U.S., DaVita, and St. Francis Hospital, part of Virginia Mason Franciscan Health.
Key Highlights
- 9,753 square feet of retail space
- Near Interstate 5 Exit 143 and the HOV ramps at South 317th Street
- Walking distance to Federal Way Downtown light rail station
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
490k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The site connects to Interstate 5 and regional rail service, with hotels and major employers nearby.
Where is this retail space located?
The property is located at 2424-2424 South 320th Street Federal Way, WA.
What are key features of this property?
This property features: 9,753 square feet of retail space; Near Interstate 5 Exit 143 and the HOV ramps at South 317th Street; Walking distance to Federal Way Downtown light rail station
