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Class A Office Building
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2505 S 320th Street, Federal Way, WA 98003

Prime office space near future Sound Transit Station.

Property Size74,031 SF
Price / SF$0.00
Days on Market272

Property Features for 2505 S 320th Street

General Information

Standard status Active
Size 74,031 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 74,031 SF

Properties For Sale

at 2505 S 320th Street Contact us

210

Size
2,047 SF
Type
Office Building
Term
Negotiable
Contact us

300

Size
6,704 SF
Type
Office Building
Term
Negotiable
Contact us

400

Size
13,497 SF
Term
Negotiable
Contact us

630

Size
3,446 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: NAI Puget Sound Properties
Listed By: Mike George · License #873009985
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 20 at 4:17AM

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

Investment Insights

Based on property information with market context.

The Centre at Federal Way is a six-story, Class-A mid-rise office building. It is located just off I-5 and within walking distance of restaurants, retail amenities, and the future Sound Transit Station. The property offers views of Mt. Rainier. The building has modern, high-quality standard finishes. An extensive capital improvement project was completed in 2018. The property contains 74,031 square feet.

Key Highlights

  • Unmatched accessibility: Conveniently located off I‑5 and near the future Sound Transit Station.
  • Prime location: Best office location in Federal Way with countless restaurants and retail amenities within walking distance.
  • Class‑A office building: Prominent, 6‑story mid‑rise with a grand lobby.

Property Analytics

Current Use

Office buildings

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.

Location Intelligence

Trade Area within ½ mile

1,203
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

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 building - Prime office space near future Sound Transit Station.
Where is this office building located?
The property is located at 2505 S 320th Street Federal Way, WA.
What are key features of this property?
This property features: Unmatched accessibility: Conveniently located off I‑5 and near the future Sound Transit Station.; Prime location: Best office location in Federal Way with countless restaurants and retail amenities within walking distance.; Class‑A office building: Prominent, 6‑story mid‑rise with a grand lobby.
More about this property
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