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Federal Way Class A Office
For Lease
$18 SF/Yr

32001 32nd Ave S, Federal Way, WA 98001

Class A office building with I-5 access in Federal Way.

Space Size2,625 SF - 15,924 SF
Property Size105,807 SF
Days on Market212

Property Features for 32001 32nd Ave S

General Information

Standard status Active
Size 2,625 SF - 15,924 SF
Class A
Property subtype Office
Lease Term NNN

Building Details

Building Size 105,807 SF
Year Built 2001

Spaces For Lease

at 32001 32nd Ave S Contact us

Suite 210 $18/SF/Yr

Size
15,924 SF
Term
Negotiable
Contact us

Suite 310 $18/SF/Yr

Size
5,934 SF
Term
Negotiable
Contact us

Suite 335 $18/SF/Yr

Size
2,625 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Jim Bisset
Source: Corfac
Added: Jan 26 Changed: Aug 26 Last Checked: Aug 25 at 5:43AM

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 Jim Bisset

Investment Insights

Based on property information with market context.

This Class A, four-story office building offers immediate access to I-5 via the S 320th Street exit in Federal Way. The property encompasses a total area of 105,807 square feet and is available for direct lease.

Key Highlights

  • Class A office building offering a direct lease opportunity.
  • Immediate access to I‑5 makes commuting a breeze.
  • Located at the S 320th Street exit in Federal Way.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Storage Facility Auto Parts Store Building Supply (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 98001, WA

36,073
Population
12,369
Households
2.9
Avg Household Size
39
Median Age
28%
College-Educated
87%
High-School Grad
18.6 sq mi
ZIP Area
1,939
Density / Sq Mi
$107,218
Median Household Income
$54,332
Median Earnings
$1,927
Median Rent
$538,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office building with I-5 access in Federal Way.
Where is this office building located?
The property is located at 32001 32nd Ave S Federal Way, WA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Class A office building offering a direct lease opportunity.; Immediate access to I‑5 makes commuting a breeze.; Located at the S 320th Street exit in Federal Way.
More about this property
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