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    33434 8Th Ave Federal Way, WA 98003

    For Lease
    $27 SF/Yr

    Prestigious Federal Way office space available.

    Lot size:
    34,718 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The 9th Avenue Pavilion offers a unique opportunity to lease executive office space in a Class A building located in the Federal Way/Auburn submarket of King County. This two-story, 34,718 square foot building, constructed in 1979, boasts a prestigious corporate image with a completely renovated lobby, common areas, and restrooms featuring a stunning glass atrium. The available space totals 2,307 contiguous square feet, ideal for a variety of businesses. Enjoy abundant natural daylight from floor-to-ceiling windows, and select suites offer private outside patios with breathtaking Mount Rainier views. Tenants benefit from state-of-the-art telecommunications infrastructure, with options for Comcast Business Service or CenturyLink. The building's convenient location provides easy access to shopping and amenities at Federal Way Commons, and is within close proximity to Metro Transit stops. Ample parking is available, with a generous ratio of 3.2 stalls per 1,000 square feet of building area (a total of 103 spaces). The property sits on 2.35 acres of land and is zoned OP, Federal Way, with an APN of 609430-0000. This exceptional property offers a blend of modern amenities and a prime location, making it an ideal choice for discerning businesses seeking a prestigious address in the Southend submarket cluster.

    Property Features for 33434 8Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,718 SF
    Class
    A
    Total Rate
    79562.08

    Building Details

    Year Built
    1979
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 101
    Size
    2,307 SF
    Rate per SF
    $27

    HighLights

    • Class A, 34,718 SF office building in the Federal Way/Auburn submarket.
    • Executive office space available, 2,307 SF contiguous.
    • Multiple tenancy, 103 parking spaces (3.2/1000 SF).
    • Located on 2.35 acres, built in 1979, two stories.
    • King County, APN 609430‑0000, OP Zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Spa & Massage Dental Office 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
    -122.3230002
    Latitude
    47.3029523

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Federal Way office space available.
    Where is this office property / space located?
    The property is located at 33434 8Th Ave Federal Way, WA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Class A, 34,718 SF office building in the Federal Way/Auburn submarket.; Executive office space available, 2,307 SF contiguous.; Multiple tenancy, 103 parking spaces (3.2/1000 SF).
    Request Owner's contact information
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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
    33434 8Th Ave Federal Way, WA 98003
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