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Freestanding Remodeled Office Building
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31003 18th Ave S, Federal Way, WA 98003

Remodeled freestanding office building with two bathrooms, multiple offices, and 14 parking stalls.

Space Size1,576 SF
Days on Market78

Property Features for 31003 18th Ave S

General Information

Standard status Active
Size 1,576 SF
Total Parking Spaces 14
Property subtype OFFICE
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 31003 18th Ave S Contact us

Building II Office $23/SF/Yr

Size
1,576 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
A freestanding remodeled building designed for office users. Situated near major...
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Listing Agency: Red Rock Real Estate
Listed By: Connie Vega
Source: Moodyscre
Added: Jun 28 Changed: Sep 11 Last Checked: Sep 13 at 11:09AM

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 Red Rock Real Estate

Investment Insights

Based on property information with market context.

This freestanding, remodeled building is designed for office users and can be configured for a single tenant or multiple tenants. The interior includes two bathrooms, two offices, and a separate storage/office room. An open area provides flexibility for activities such as workshops and classes, and the site includes potential yard space.

The property is located on S. 310th St, one block from Pacific Highway, with quick access to I-5. It is also near transit centers and bus stations, supporting convenient access for employees and clients.

On site, there are 14 parking stalls to support day-to-day operations. The available open area and optional yard space may also work well for organizations that need flexible room for non-office activity.

Key Highlights

  • Remodeled freestanding office building designed for office users, with space for a single tenant or multiple tenants
  • 14 parking stalls plus potential yard space for additional outdoor use
  • Two bathrooms, two offices, and a storage/office room

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Florist Butcher Tanning Salon Garden Center

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,407
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Remodeled freestanding office building with two bathrooms, multiple offices, and 14 parking stalls.
Where is this office building located?
The property is located at 31003 18th Ave S Federal Way, WA.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Remodeled freestanding office building designed for office users, with space for a single tenant or multiple tenants; 14 parking stalls plus potential yard space for additional outdoor use; Two bathrooms, two offices, and a storage/office room
(206) 850-9338 Call to check price and availability
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