1618 Dash Point Rd Federal Way, WA 98023

Property Details for 1618 Dash Point Rd

Year built

2004

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.89 lot acres

Property size

36,074 SF

Zone code

BN

Property type

Grocery and convenience stores

APN

189880-0020

APU

1898800020

Description

Dash Point Village offers a unique retail opportunity in the desirable Dash Point, WA neighborhood. This strip center boasts two available spaces, totaling up to 15,432 square feet, including a mezzanine. One space measures 2,065 square feet, while the other offers 10,038 square feet. These spaces are situated adjacent to a Grocery Outlet, providing excellent synergy and high visibility. The property sits on a five-acre lot and was built in 1985. Currently, 31,823 square feet of the building is vacant. The spaces are delivered as a demised shell with all utilities stubbed to the premises. High ceilings, exceeding 18 feet in most areas, provide ample space and flexibility for various retail uses. The asking rent is $14.00 per square foot, triple net (NNN), with NNN expenses at $5.25 per square foot. Tenants benefit from exclusive use of the signage parapet. The strong trade area includes recently opened or leased businesses such as Amazon Fresh, Carbon Health, Habit Burger, Pet Supplies Plus, Sleep Number, Trader Joe's, Chick-fil-A, Red Robin, and 85C Bakery Café, indicating a thriving and desirable retail environment. This presents a compelling opportunity for businesses seeking high-traffic locations in a well-established King County community. The property is located in King County.