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Property profile & analytics
FOR LEASE
Office buildings

909 S 336Th St Federal Way, WA 98003

39,516 SF 2.62 ac lot Built 1979
Individually Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US90-1037588
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 39,516 SF
Lot 2.62 ac (114,000 SF)
Zoning code OP
APN 926480-0150
UPID US90-1037588
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.91M
Blend (final) Blend
$5.75M
Owner & transaction history
Owner Name Unavailable · 14 yrs held
Owner Name Unavailable
since 2011
7 recorded transactions
2018
Price N/A
2011
$5,000
2002
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OP · Federal Way, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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