Federal Way, WA Office Units for Lease
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Federal Way, WA Office Units Lease Rates & Market Statistics
Explore 32 Office Units for lease in Federal Way, WA on Realmo, a commercial real estate exchange covering the Federal Way area. The current inventory totals 95,836 square feet of properties — an average of ~3,000 SF per listing.
Asking lease rates for Office Units in Federal Way start at $17 SF/Yr, average $21.58 SF/Yr, and reach $28 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $21.58 SF/Yr is 6% below the Washington state average of $22.86 SF/Yr.
Federal Way accounts for 4% of the 914 office units currently available across King County, where nearby markets include Seattle and Bellevue. Office Units make up 78% of the 41 Office Spaces currently for lease in Federal Way, with asking rates in line with the citywide Office Spaces average. Also worth a look for tenants weighing alternatives: Office buildings (7 listings) and Medical Office Space (5 listings) elsewhere in the Federal Way market.
