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Federal Way, WA NNN Properties for Sale

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Industrial Land with Single-Tenant NNN Lease
Updated: May 7
Industrial Land with Single-Tenant NNN Lease

37504 Pacific Highway South, Federal Way, WA 98003

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348,480 sqft 8.00 AC lot
±8‑acre vacant land parcel on Pacific Hwy S in Federal Way
5‑year single‑tenant triple net lease in place
6% cap rate noted in the listing remarks
Non‑conforming commercial use per title
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See hot listings in Federal Way

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: NNN for sale in Federal Way, WA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Ashley HomeStore Retail Property
Ashley HomeStore Retail Property

2508 S 38th St, Tacoma, WA 98409

Contact for pricing
31,950 sqft

The property is located at 2508 S 38th St in Tacoma.

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Multi-Tenant Retail Center
Multi-Tenant Retail Center

10312 120th St SE, Puyallup, WA 98374

Contact for pricing

Eight service-oriented tenants and one vacant suite shape the center’s retail mix.

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Six-Suite NNN Property
Six-Suite NNN Property

4121 S Meridian, Puyallup, WA 98373

Contact for pricing

Fully leased multi-suite commercial asset with refreshed exterior improvements and a metal roof.

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Established Starbucks Investment Opportunity
Established Starbucks Investment Opportunity

2008 6th Ave, Tacoma, WA 98405

$1,225,000
824 sqft

Established Starbucks location with lease in place until 2028.

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Federal Way, WA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Federal Way, WA on our real estate platform. These investment opportunities span a total of 348,480 square feet of properties for sale.

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Demographics Overview

Population 138K
Population Growth (5Y) +4.6%
Median Household Income $91,533
College Educated 23.6%

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $9.26 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Federal Way fall within the 100,000+ square foot range.

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