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Lobby Entry Office Suite
For Lease
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33301 1st Way S, Federal Way, WA 98003

Office suite featuring a lobby entry space with plumbing.

Space Size1,425 SF
Days on Market49

Property Features for 33301 1st Way S

General Information

Standard status Active
Size 1,425 SF
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 33301 1st Way S Contact us

Affordable Space $21/SF/Yr

Floor
1
Size
1,425 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, 30 Days
Lobby Entry Space with Plumbing
Contact us
Listing Agency: Freitas Commercial Real Estate
Listed By: Mark Freitas, CCIM · License #201111221
Source: Moodyscre
Added: Jul 1 Changed: Aug 8 Last Checked: Aug 18 at 11:29AM

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 Freitas Commercial Real Estate

Investment Insights

Based on property information with market context.

This office suite includes a lobby entry space and is described as having plumbing in place. The unit is positioned to support a professional tenant layout starting from the entry experience.

The property is offered for rent and is located at 33301 1st Way S in Federal Way, Washington.

With its lobby entry and plumbing feature already noted, the space is suited for office users looking for an existing building configuration that can accommodate basic operational needs.

Key Highlights

  • Office suite with a lobby entry space
  • Lobby entry space includes plumbing

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Barber Shop Bakery Computer & Electronic Repair Furniture & Home Goods

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,648
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

Market

Lease Benchmarks for Federal Way, WA

$20.3 /SF/Yr
Avg Asking Price
$17–$27.5 /SF/Yr
Price Range
4,509 SF
Avg Space Size

This space is priced 3% above the average of $20.3 /SF/Yr.

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 units - Office suite featuring a lobby entry space with plumbing.
Where is this office units located?
The property is located at 33301 1st Way S Federal Way, WA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Office suite with a lobby entry space; Lobby entry space includes plumbing
(206) 947-3313 Call to check price and availability
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