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Federal Way Industrial Opportunity
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Federal Way, WA 98003, Federal Way, WA 98003

37,250 SF industrial building in a prime location.

Property Size37,250 SF
Days on Market207

Property Features

General Information

Standard status Active
Size 37,250 SF
Property subtype Industrial
Listing Agency:
Listed By: Thad Mallory
Source: Nmrk
Added: Jan 27 Changed: Aug 19 Last Checked: Aug 22 at 5:21AM

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 Thad Mallory

Investment Insights

Based on property information with market context.

This industrial property in Federal Way, WA, features a 37,250 SF building constructed in 1978. Zoned OP (Office Park), the property offers versatility for a range of commercial uses. The location provides excellent accessibility and a strategic position in the Federal Way area. It is suited for industrial and manufacturing enterprises seeking a base of operations. Federal Way is a prime location for Industrial/Manufacturing investors, situated in close proximity to major transportation routes, including Interstates 5 and 405, offering excellent accessibility for commercial operations. The area has a diverse economy and a skilled labor force. Nearby attractions include the Pacific Rim Bonsai Collection and Rhododendron Species Botanical Garden.

Key Highlights

  • Substantial 37,250 SF building suitable for industrial/manufacturing.
  • Prime location in Federal Way, WA.
  • Excellent accessibility to Interstates 5 and 405.

Property Analytics

Current Use

Manufacturing properties

Location Intelligence

Trade Area within ½ mile

2,224
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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - 37,250 SF industrial building in a prime location.
Where is this industrial property located?
The property is located at Federal Way, WA.
What are key features of this property?
This property features: Substantial 37,250 SF building suitable for industrial/manufacturing.; Prime location in Federal Way, WA.; Excellent accessibility to Interstates 5 and 405.
More about this property
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