Building Details

Building Size 47,800 SF

Year Built 2010

Buildings 1

Listing Agency: Kidder Mathews - Tacoma

Listed By: Drew Frame · License #130281 Show Phone

Source: Kidder

Added: Nov 23, 2025 Changed: Sep 6 Last Checked: Jul 21 at 8:07AM

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Investment Insights

Based on property information with market context.

A new office building is planned for construction on the east side of I-5. The property offers excellent accessibility. The building will have a size of 47800 square feet.

Key Highlights

• New office building
• To be built
• Excellent access

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Electrical Service 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

356

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - New office building with excellent access on the east side.

Where is this office building located?

The property is located at 32200 Weyerhaeuser Way S Federal Way, WA.

What are key features of this property?

This property features: New office building; To be built; Excellent access