Search
Medical Office Suite
New
For Lease
Contact for pricing

32123 1st Ave S, Federal Way, WA 98023

Medical and professional office space with exam rooms, a waiting area, onsite parking, and convenient freeway access.

Space Size1,120 SF
Days on Market6

Property Features for 32123 1st Ave S

General Information

Standard status Active
Size 1,120 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 32123 1st Ave S Contact us

West Campus Medical/Professional Office $18 – $19/SF/Yr

Size
1,120 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Professional Office or Medical Space available for lease near South 320th Street...
show more
Contact us
Listing Agency: Coldwell Banker Commercial Danforth
Listed By: Dominic Temmel · License #102158
Source: Moodyscre
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 30 at 4:12PM

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 Coldwell Banker Commercial Danforth

Investment Insights

Based on property information with market context.

Medical office space is available at 32123 1st Ave S in Federal Way. Suite A-4 offers 1,120 square feet, while Suite 2 includes two entrances, a large waiting room, reception area, six exam rooms, and two bathrooms.

The property provides abundant onsite parking, including parking below the building, with easy access to the freeways. The configuration supports medical and professional office use within an established office setting.

Key Highlights

  • Suite A‑4 contains 1,120 SF
  • Suite 2 has two entrances, a large waiting room, and reception area
  • Six exam rooms and two bathrooms in Suite 2

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Restaurant Electrical Service Computer & Electronic Repair Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98023, WA

51,713
Population
18,777
Households
2.8
Avg Household Size
38
Median Age
34%
College-Educated
93%
High-School Grad
10.3 sq mi
ZIP Area
5,021
Density / Sq Mi
$101,960
Median Household Income
$50,186
Median Earnings
$1,875
Median Rent
$545,600
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Balance Veterinary Medicine 402 S 333rd St Ste. B36, Federal Way, WA 98003
  • Lee Seung DVM 221 SW 331st Pl, Federal Way, WA 98023
  • Driscoll Diane DVM 1060 SW 320th St, Federal Way, WA 98023
  • Mirror Lake Veterinarian 858 SW 312th St, Federal Way, WA 98023

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical and professional office space with exam rooms, a waiting area, onsite parking, and convenient freeway access.
Where is this medical office space located?
The property is located at 32123 1st Ave S Federal Way, WA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Suite A‑4 contains 1,120 SF; Suite 2 has two entrances, a large waiting room, and reception area; Six exam rooms and two bathrooms in Suite 2
(253) 273-6474 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message