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Class A Office Building
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3450 South 344th Way, Federal Way, WA 98001

Two-story office building with quick access to major routes.

Space Size2,225 SF - 11,032 SF
Property Size65,462 SF
Days on Market2931

Property Features for 3450 South 344th Way

General Information

Standard status Active
Size 2,225 SF - 11,032 SF
Class B
Property subtype Office
Lease Type NNN

Building Details

Building Size 65,462 SF
Year Built 1999
Tenancy Multiple

Spaces For Lease

at 3450 South 344th Way Contact us

Suite 100

Size
11,032 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 132

Size
2,808 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 145

Size
2,225 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Kidder Mathews Tacoma
Listed By: Drew Frame · License #WA
Source: Crexi
Added: Aug 18, 2018 Changed: Aug 13 Last Checked: Aug 25 at 10:40PM

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 Kidder Mathews Tacoma

Investment Insights

Based on property information with market context.

This is a two-story class A office building. It is located next to Weyerhaeuser World Headquarters and offers quick access to I-5, SR-18, and SR-167. NNNs include all utilities and suite janitorial.

Key Highlights

  • Class A office building.
  • Located next to Weyerhaeuser World Headquarters.
  • Quick access to I‑5, SR‑18, and SR‑167.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Hair Salon

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

147
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 - Two-story office building with quick access to major routes.
Where is this office building located?
The property is located at 3450 South 344th Way Federal Way, WA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Class A office building.; Located next to Weyerhaeuser World Headquarters.; Quick access to I‑5, SR‑18, and SR‑167.
(253) 722-1433 Call to check price and availability
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