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34211 Pacific Hwy S, Federal Way, WA 98003

Office units with direct Pacific Hwy S frontage, convenient I-5 and SR-18 access, and nearby Costco and Walmart amenities.

Space Size3,952 SF
Days on Market155

Property Features for 34211 Pacific Hwy S

General Information

Standard status Active
Size 3,952 SF
Total Parking Spaces 20
Property subtype Office - General Office

Space & Availability

Space Use Office
Sublease Yes

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 34211 Pacific Hwy S
Space Available Immediate
Size 3,952 SF
Type General Office
Rate Contact for pricing
Sublease Yes
Renewal Option No
Contact us
Listing Agency: Colliers
Listed By: Rich Sander
Source: Commercialcafe
Added: May 20 Changed: Oct 19 Last Checked: Oct 20 at 5:48PM

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 Colliers

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Investment Insights

Based on property information with market context.

Office units are positioned along Pacific Hwy S in Federal Way, with direct frontage and convenient access to nearby retail amenities. Costco and Walmart are within 1 mile, supporting convenient access to everyday services.

The property offers connectivity to I-5 and SR-18. The available arrangement is a sublease extending through October 31, 2030, with up to 20 parking stalls included.

Key Highlights

  • Direct frontage along Pacific Hwy S
  • Costco and Walmart within 1 mile
  • Convenient access to I‑5 and SR‑18

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Parking Lot & Garage Tanning Salon Plumbing 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,128
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

Lease Benchmarks for Federal Way, WA

$21.58 /SF/Yr
Avg Asking Price
$17–$28 /SF/Yr
Price Range
3,400 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office unit - Office units with direct Pacific Hwy S frontage, convenient I-5 and SR-18 access, and nearby Costco and Walmart amenities.
Where is this office unit located?
The property is located at 34211 Pacific Hwy S Federal Way, WA.
What are key features of this property?
This property features: Direct frontage along Pacific Hwy S; Costco and Walmart within 1 mile; Convenient access to I‑5 and SR‑18
More about this property
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