Standalone Retail Building For
For Sale
Contact for pricing
30650 Pacific Hwy S, Federal Way, WA 98003
Remodeled retail building with high visibility and ample parking.
Property Size9,998 SF
Price / SF$0.00
Days on Market337
Property Features for 30650 Pacific Hwy S
General Information
Standard status
Active
Size
9,998 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
9,998 SF
Year Built
2018
Properties For Sale
at 30650 Pacific Hwy S
Former Ace Hardware
Size
9,998 SF
Term
Negotiable
Listing Agency:
Lee & Associates Commercial Real Estate Services
Listed By:
Yeh-Hee Hahn
(253) 230-2412
Source:
Lee-associates
Added: Nov 24, 2025
Changed: Oct 26
Last Checked: Oct 26 at 2:05PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone retail building is located at a busy intersection, offering high visibility and exposure. The surrounding area features a high population density and strong household incomes. The building, totaling 9,998 square feet, was fully remodeled in 2017, including a new roof and HVAC system. The interior features high ceilings. Ample parking is available with 39 stalls.
Key Highlights
- Standalone retail building at a busy, high‑visibility intersection
- Excellent demographics: high population density and strong household incomes
- Fully remodeled in 2017, including new roof and HVAC system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$178,851
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,577,020
$3.6M
Cap Rate 7%
$2,555,014
$2.6M
Cap Rate 9%
$1,987,233
$2.0M
Market Conditions
NOI Build-Up for 9,998 SF
Gross rent
$263.9K $26.40/SF
− Vacancy
−$8.4K −$0.84/SF
EGI
$255.5K $25.56/SF
− OpEx
−$76.7K −$7.67/SF
NOI
$178.9K $17.89/SF
Area
King County, WA
Vacancy
3.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,577,020
Cap Rate 7%
$2,555,014
Cap Rate 9%
$1,987,233
Alternative Uses
Best Use
Retail
$2.56M
$2.24M – $2.98M
NOI $178,851 @ 7.0% cap · market cap 558,909.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.00M
$3.50M – $4.67M
NOI $280,312 @ 7.0% cap · market cap 875,975.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
981
Businesses Nearby
276k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Superstores 32%
Electronics 13%
Dining 1%
Walmart
Superstores
88,513 visits/mo
0.3 miles
Dollar Tree
Shops & Services
33,521 visits/mo
0.1 miles
Best Buy
Electronics
33,167 visits/mo
0.5 miles
Barnes & Noble
Shops & Services
29,452 visits/mo
0.3 miles
Jo-Ann Fabric and Craft
Shops & Services
19,567 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Remodeled retail building with high visibility and ample parking.
Where is this retail space located?
The property is located at 30650 Pacific Hwy S Federal Way, WA.
What are key features of this property?
This property features: Standalone retail building at a busy, high‑visibility intersection; Excellent demographics: high population density and strong household incomes; Fully remodeled in 2017, including new roof and HVAC system
