Standalone Retail Building For
30650 Pacific Hwy S Federal Way, WA
For Sale
Contact for pricing
Remodeled retail building with high visibility and ample parking.
Property Size9,998 SF
Lot Size0.98 Acres
Price / SF$400.08
Days on Market302
Property Features for 30650 Pacific Hwy S
General Information
Standard status
Active
Size
9,998 SF
Lot size
0.98 Acres
Property subtype
RETAIL
Listing Agency:
Lee & Associates Commercial Real Estate Services
(253) 230-2412
Listed By:
Yeh-Hee Hahn
(253) 230-2412
Source:
Moodyscre
Added: Sep 29, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:42AM
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 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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $263.9k | $26.40 |
| − Vacancy | −$8.4k | −$0.84 |
| EGI | $255.5k | $25.56 |
| − OpEx | −$76.7k | −$7.67 |
| NOI | $178.9k | $17.89 |
9,998 SF · lease $26.40/SF/yr · vacancy 3.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.56M
$2.24M – $2.98M
NOI $178,851 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.00M
$3.50M – $4.67M
NOI $280,312 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 is the asking price?
The asking price for this property is $4,000,000.
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
