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    32001 32Nd Ave Federal Way, WA 98001

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Federal Way Office Suites Available

    Lot size:
    105,807 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class B office building, East Campus Corporate Park I, offers a variety of flexible spaces ideal for businesses of all sizes. Located at 32001 32nd Ave S in Federal Way, WA 98001, this four-story building boasts a total of 105,807 square feet, situated on a generous 5.5 acres of land. The property, built in 2001, features a 12-foot ceiling height and is zoned OP1 (check local zoning regulations for permitted uses). Multiple tenancy options are available, with spaces ranging from a minimum of 5,951 square feet to a maximum contiguous space of 27,547 square feet. Currently, three spaces are available. The building's amenities include a large conference room, a spacious open work area, a reception area, a lunch/breakroom, and a copy room. Individual suites may also feature 15 private offices. The property's APN is 215465-0010. This location provides excellent access to major transportation routes and amenities. This is a fantastic opportunity to secure high-quality office space in a desirable Federal Way location. Contact us today to learn more about available spaces and lease terms.

    Property Features for 32001 32Nd Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    105,807 SF
    Class
    B
    Total Rate
    158710.5

    Building Details

    Year Built
    2001
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 200
    Size
    27,547 SF
    Rate per SF
    $18
    Space
    Suite 425
    Size
    5,951 SF
    Rate per SF
    $18
    Space
    Suite 330
    Size
    6,867 SF
    Rate per SF
    $18

    HighLights

    • Class A, four‑story office building with convenient I‑5 access via the S 320th Street exit in Federal Way.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Federal Way
    County
    King
    State
    Washington
    Longitude
    -122.2934739
    Latitude
    47.3141505

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Federal Way Office Suites Available
    Where is this office property / space located?
    The property is located at 32001 32Nd Ave 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, four-story office building with convenient I-5 access via the S 320th Street exit in Federal Way.; ;
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32001 32Nd Ave Federal Way, WA 98001
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