34303 Pacific S Hwy Federal Way, WA 98003-8907
This exceptional 4,400 square foot office space, part of the Event Experience Building in Federal Way, WA, is immediately available for lease. Located on a 1.35-acre lot (58,965 sq ft), this Class A building boasts a single-tenant occupancy and offers a unique blend of medical, creative, and traditional office suitability. Built in 1962 and extensively renovated in 2005, the property features a modern upscale décor, including exposed high ceilings with new ductwork, creating a bright and inviting atmosphere. The space includes 8-foot glass doors, glass-enclosed offices, and a conference room, complemented by an open area ideal for desks. A fully remodeled kitchen and bathrooms are conveniently located. The building offers 40 total parking spaces. The property is zoned CE and has APN 2021049068. The total building size is 23,334 square feet, with 4,400 square feet currently vacant. Taxes are $1.93 per square foot. The building is a single-story structure and does not include elevators. Cross street is S. 344th St. Lease term is a minimum of 3 years. This is a rare opportunity to secure high-quality, move-in ready office space in a desirable location.
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
CE · 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.