1618 SW Dash Point Rd, Federal Way, WA 98003
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BN · Federal Way, WAFederal Way. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.