909 S 336Th St Federal Way, WA 98003
For Lease
1 / 2
The Omni Building, a Class B property in King County, offers a unique investment opportunity. This three-story building, totaling 39,516 square feet, boasts a variety of office and retail spaces, ideal for multiple tenants. Built in 1979 and renovated in 1985, the property sits on a 2.62-acre lot (114,127 square feet) and includes 158 parking spaces and elevators. Currently, 9,654 square feet of space is vacant, offering immediate occupancy potential. Available spaces range from a minimum of 3,202 square feet to a maximum contiguous space of 3,226 square feet. A particularly attractive option is a ground-level 3,226 square foot space with an exterior entrance and three covered parking spaces. This space previously served as a blood donation center and features a large open area alongside numerous smaller and larger offices. A sublease opportunity is available, extending through January 2030. The building's diverse layout caters to various business needs, making it a versatile and attractive investment. The property's location in King County provides excellent access to transportation and amenities. This is a rare chance to acquire a well-maintained, multi-tenant building with significant potential for growth and return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
OP · 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.