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Shadow-Anchored Retail Land Site
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34716 1st Avenue South, Federal Way, WA 98003

Commercial land site offering regional tenant draw, shadow-anchored by WinCo, IHOP, and Starbucks.

Space Size37,000 SF
Days on Market153

Property Features for 34716 1st Avenue South

General Information

Standard status Active
Size 37,000 SF
Property subtype LAND

Spaces For Lease

at 34716 1st Avenue South Contact us

Land for Lease

Size
37,000 SF
Type
LAND
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE
-Shadow anchored by WinCo, IHOP, Starbucks -New 235-unit multi-family project Trouve...
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Listing Agency: Pacific Asset Advisors, Inc
Listed By: Damian Sevilla
Source: Moodyscre
Added: Apr 14 Changed: Aug 8 Last Checked: Sep 12 at 9:13AM

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 Pacific Asset Advisors, Inc

Investment Insights

Based on property information with market context.

This commercial land offering totals 37,000 square feet and presents a blank-slate development opportunity in a retail-oriented setting.

The property is shadow-anchored by WinCo, IHOP, and Starbucks. A new 235-unit multi-family project, Trouve, is planned across the street, with thousands of additional units planned nearby. The site is also positioned as a gateway to Brown’s Point, Dash Point, Dash Point State Park, the Northshore Golf Complex, the Federal Way National Little League Baseball complex, and the King County Aquatic Center.

For tenants and developers looking for a land parcel in an active retail and lifestyle corridor, this site provides a clear address point at 34716 1st Avenue South in Federal Way, Washington.

Key Highlights

  • Commercial land site shadow‑anchored by WinCo, IHOP, and Starbucks
  • Near a new 235‑unit multi‑family project, Trouve, across the street
  • Thousands of units planned about a block away

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Butcher Barber Shop Garden Center Pet Grooming Service

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

962
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land site offering regional tenant draw, shadow-anchored by WinCo, IHOP, and Starbucks.
Where is this commercial land located?
The property is located at 34716 1st Avenue South Federal Way, WA.
What are key features of this property?
This property features: Commercial land site shadow‑anchored by WinCo, IHOP, and Starbucks; Near a new 235‑unit multi‑family project, Trouve, across the street; Thousands of units planned about a block away
(206) 931-9900 Call to check price and availability
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