2000 314Th St Federal Way, WA 98003
- Commercial real estate
- 113,925 SF
- 8.86 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2000 314Th St
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 8.86 lot acres
- Property size
- 113,925 SF
- Zone code
- CC-F
- Property type
- Commercial real estate
- APN
- 092104-9053
- APU
- 921049053
Description
Hillside Plaza Shopping Center, located at 2000 S 314th St, Federal Way, WA 98003, presents a compelling retail investment opportunity in King County. This single-story, 113,925 square foot strip center boasts a prime location, just blocks from I-5, Highway 99, the Federal Way Transit Center, and the Commons, ensuring high visibility and accessibility. Currently, there are 24,026 square feet of vacant space available, divisible into units ranging from 4,865 square feet minimum to a maximum contiguous space of 10,205 square feet. The property features a strong existing tenant mix including Gene Juarez, Cortiva Institute, CSL Plasma, and various nail and beauty salons. The building is comprised of one building with a total of 113,925 square feet. Utilities such as water, sewer, electricity, and trash are not included in the net-net-net (NNN) lease terms. This well-positioned center offers significant potential for growth and income generation, making it an attractive investment for discerning buyers seeking a strong retail presence in a thriving community. The property's convenient location and established tenant base provide a solid foundation for future success. Five spaces are currently available for lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Federal Way
- County
- King
- State
- Washington
- Longitude
- -122.306
- Latitude
- 47.3209
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
