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Retail Suite C with Parking

32921 1st Avenue South Suite C, Federal Way, WA 98003

For Lease
Contact for pricing

The space combines flexible commercial zoning with freeway access and on-site parking.

Space Size1,900 SF
Days on Market42

Property Features for 32921 1st Avenue South Suite C

General Information

Standard status Active
Size 1,900 SF
Net Rentable 1,900 SF
Property subtype Retail
Lease Type NNN

Space & Availability

Available Space 1,900 SF
Contiguous Space 1,900 SF

Lease Terms

Lease Rate $15 /SF/YR
Monthly Rent $2,375
Rent per SF/Year $15

Additional Details

Highway Access Yes

Spaces For Lease

at 32921 1st Avenue South Suite C
Suite C Active
Size 1,900 SF
Contact us
Listing Agency: Coldwell Banker Commercial Danforth
Listed By: Mitchell Springer · License WA #26013048
Source: Crexi
Added: Sep 30 Changed: Nov 8 Last Checked: Nov 10 at 5:27AM

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

Rey
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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.

Suite C provides 1,900 square feet of retail space in a property zoned for a range of commercial uses. The premises were previously occupied by a driving school and include on-site parking.

Freeway access serves the property, supporting convenient connections for customers and staff.

Key Highlights

  • 1,900 SF retail suite
  • Zoning permits a range of commercial uses
  • On‑site parking and freeway access

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Barber Shop Computer & Electronic Repair Auto Parts Store (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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,340
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 38%
7-Eleven Shops & Services
8,129 visits/mo 0.1 miles
Espresso Bar Dining
2,402 visits/mo 0.1 miles
SUBWAY Dining
1,564 visits/mo 0.1 miles
Nori Dining
1,066 visits/mo 0.1 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

Market

Properties on Market for Retail space in Federal Way

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space combines flexible commercial zoning with freeway access and on-site parking.
Where is this retail space located?
The property is located at 32921 1st Avenue South Suite C Federal Way, WA.
What are key features of this property?
This property features: 1,900 SF retail suite; Zoning permits a range of commercial uses; On‑site parking and freeway access
(425) 273-7793 Call to check price and availability
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