1825 S 316Th St Federal Way, WA 98003
For Lease
This exceptional two-story Class B office building, located at 1825 S 316th St in Federal Way, WA 98003, offers a significant leasing opportunity. The property, known as 316th Professional Plaza, boasts a total of 17,170 square feet, with 8,265 square feet currently vacant and ready for immediate occupancy. The building features multiple tenancies, providing flexibility for various business needs. The spacious layout is ideal for executive offices or professional office spaces. Situated on a 1.2-acre lot, the property provides ample parking with 60 spaces available for tenants and their clients. The building's convenient location in King County offers easy access to major transportation routes, enhancing accessibility and convenience. This is a rare opportunity to secure a substantial amount of high-quality office space in a desirable location. The property's existing infrastructure and ample parking make it an attractive option for businesses seeking to establish or expand their presence in the Federal Way market. Don't miss this chance to secure your ideal workspace.
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
CC-C · 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.