33702 21St Ave SW, Federal Way, WA 98023
- Outlet malls
- 195,246 SF
- 15.52 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 33702 21St Ave SW
- Year built
- 1991
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 15.52 lot acres
- Zone code
- BN
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 930100-0010
- APU
- 9301000010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 12, 2013 | $16,746,413 | Fred Meyer Stores INC | Bank Of Ny Mellon Trust Co NA | Grant Deed | — |
| Sep 5, 1996 | — | Texas Commerce Bank Trustee | — | Deed Of Trust · related | $107.1M · First Trust NA Trustee |
| Sep 5, 1996 | $14,623,000 | Texas Commerce Bank | Roundup Co | Trustees Deed · related | — |
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Federal Way
- County
- King
- State
- Washington
- Longitude
- -122.359
- Latitude
- 47.2982
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
