33702 21St Ave SW Federal Way, WA 98023

This exceptional 195,246 square foot retail property, situated in Federal Way, Washington, presents a compelling investment opportunity. Anchored by a Fred Meyer grocery store, this Class C center boasts a prime location at 33702 21st Ave SW, benefiting from high visibility and accessibility. The single-story building, constructed in 1991 and renovated in 1995, sits on a substantial 15.52-acre lot. The property features a multiple-tenancy structure, providing diverse income streams. With a total of 195,246 square feet of retail space, the center offers ample room for various businesses. Convenient parking is available, with a ratio of 4 spaces per 1000 square feet. The property's strategic location off 21st Ave SW and SW Campus Dr benefits from a combined daily traffic count of 36,000 vehicles. The King County location, with APN 930100-0010 and BN zoning, ensures a stable and desirable investment environment. This property is an excellent opportunity for investors seeking a well-established, high-traffic retail center in a thriving community. The absence of elevators is noted.