Retail

Federal Way, WA Retail Properties & Spaces for Lease

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16 properties
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Retail Space Near Light Rail
Updated: Sep 30
Retail Space Near Light Rail

2424-2424 South 320th Street, Federal Way, WA 98003

Contact for pricing
9,753 sqft
9,753 square feet of retail space
Near Interstate 5 Exit 143 and the HOV ramps at South 317th Street
Walking distance to Federal Way Downtown light rail station
Rail service reaches Seattle‑Tacoma International Airport, downtown Seattle, and Lynnwood
Courtyard by Marriott and Hampton Inn & Suites are nearby in Gateway Center
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Retail Space Near The Commons
Updated: Nov 23, 2025
Retail Space Near The Commons

1200 S 324th Street, Federal Way, WA 98003

$24 SF/Yr
800 sqft
High traffic count (40,000+ CPD) on Pacific Highway and 324th Street.
Central location in Federal Way near The Commons.
Proximity to major retailers including Amazon Fresh, Dick's Sporting Goods, Target, Kohls, and Century Theater.
Ample parking.
Easy access from Pacific Highway.
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Retail Space in Federal Way
Retail Space in Federal Way

2500 South 320th Street, Federal Way, WA 98003

$32 SF/Yr
5,940 sqft

Retail space available in a busy Federal Way shopping center.

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Federal Way Automotive Shop Space
Federal Way Automotive Shop Space

34611 16th Ave S, Federal Way, WA 98003

$20 SF/Yr
7,950 sqft

7,950 SF shop with ample parking in Federal Way.

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Retail Space
Retail Space

2424 S 320th Street, Federal Way, WA 98003

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9,753 sqft

A 9,753-square-foot retail property built in 1984 is available for lease in Federal Way.

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Retail Building with Drive-Through
Retail Building with Drive-Through

32303 Pacific Hwy S, Federal Way, WA 98003

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37,384 sqft 0.86 AC lot

Existing retail improvements support NNN leasing, while the site also offers a long-term ground lease option.

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Retail Space Near Light Rail
Retail Space Near Light Rail

31830 & 31840 Pacific Highway South, Federal Way, WA 98003

$25 SF/Yr
22,864 sqft

Retail property near future light rail station and shopping mall.

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Retail Space For Rent
Retail Space For Rent

35007 Enchanted Pkwy S, Federal Way, WA 98003

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3,132 sqft

Retail space available for lease in Federal Way, WA.

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Retail Storefront Units
Retail Storefront Units

34801-34815 Pacific Hwy S, Federal Way, WA 98003

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2,200 sqft

Leasing opportunity for retail storefront space at 34801–34815 Pacific Hwy S in Federal Way, WA.

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Federal Way Retail Space Available
Federal Way Retail Space Available

2131 SW 336th St, Federal Way, WA

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31,795 sqft 2.37 AC lot

31,795 SF retail space in a high-visibility location.

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Standalone Retail Building
Standalone Retail Building

30650 Pacific Hwy S, Federal Way, WA 98003

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9,998 sqft

Standalone retail building fully remodeled in 2017 with updated roof and HVAC and 39-stall parking.

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Retail Space in Federal Way
Retail Space in Federal Way

35002 Pacific Hwy S, Federal Way, WA 98003

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1,503 sqft

Retail space available in Federal Way, Washington.

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Retail Space in Twin Lakes Village
Retail Space in Twin Lakes Village

2120-2324 SW 336th, Federal Way, WA

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1,084 sqft 3.54 AC lot

Retail space for lease in a high-traffic shopping center.

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Federal Way Retail Space Available
Federal Way Retail Space Available

1600 Southwest Dash Point Road, Federal Way, WA

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1,019 sqft 6.32 AC lot

Retail space available for lease in Federal Way, Washington.

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Retail Space in Federal Way
Retail Space in Federal Way

2000 S 314th St, Federal Way, WA 98003

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1,609 sqft 8.86 AC lot

Retail space available for lease in Federal Way, Washington.

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Retail Space For Lease
Retail Space For Lease

31601 - 31811 Pacific Hwy S, Federal Way, WA 98003

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Retail spaces available for lease.

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Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 16 Active listings in Federal Way, WA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

Retail properties & Spaces for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Inline Retail Storefront at Milton Plaza
Inline Retail Storefront at Milton Plaza

724 Meridian E, Milton, WA 98354

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1,400 sqft

Inline 1,400 sf retail space available September 1, 2026 within Milton Plaza in Milton, WA.

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Retail Pad Site with Drive-Through
Retail Pad Site with Drive-Through

1101 Outlet Collection Way SW, Auburn, WA 98001

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50,000 sqft 2.00 AC lot

New multi-tenant pad building with end cap double drive-through.

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Secure Truck Staging Yard
Secure Truck Staging Yard

300 Birch St, Milton, WA 98354

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2.08 AC lot

Secure, private fenced yard with 10–15 truck stalls, plus a three-bay repair shop with lifts.

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Retail Space Near Auburn Station
Retail Space Near Auburn Station

109 S Division St, Auburn, WA

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1,554 sqft 0.33 AC lot

Retail space available near Auburn Station with high ceilings.

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Similar Spaces for Sale in Federal Way, WA

Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

Drive-Through Coffee Shop
Drive-Through Coffee Shop

27525 Pacific Hwy South, Federal Way, WA 98003

$1,500,000
960 sqft

The Federal Way property includes a Dutch Bros coffee operation and a Wells Fargo ATM.

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Former Walmart Shopping Center
Former Walmart Shopping Center

1900 S. 314th St, Federal Way, WA 98003

Contact for pricing
128,711 sqft

Large-format retail property with flexible CCF-City Center Frame zoning and separate parcel options.

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Flex Space with Fenced Yard
Flex Space with Fenced Yard

27802 Pacific Hwy S, Federal Way, WA 98032

$5,500,000

Warehouse and office configuration with paved outdoor storage, vehicle parking, and a separate shop option.

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Strip Mall Property
Strip Mall Property

1805 S 316th St, Federal Way, WA 98003

Contact for pricing
25,536 sqft

Retail-oriented commercial property with a substantial building footprint.

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Pet Grooming Retail Space
Pet Grooming Retail Space

1620 S 312th St, Federal Way, WA 98003

$100,000

Operating pet grooming and daycare business with furniture, fixtures, equipment, and goodwill included in the sale.

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Standalone Retail Building For Lease
Standalone Retail Building For Lease

30650 Pacific Hwy S, Federal Way, WA 98003

$4,000,000

Remodeled retail building with high visibility and ample parking.

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Federal Way, WA Retail properties & Spaces Lease Rates & Market Statistics

Explore 16 Retail properties & Spaces for lease in Federal Way, WA on Realmo, a commercial real estate exchange covering the Federal Way area. The current inventory totals 146,784 square feet of properties — an average of ~9,150 SF per listing.

Asking lease rates for Retail properties & Spaces in Federal Way start at $20 SF/Yr, average $25.25 SF/Yr, and reach $32 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $25.25 SF/Yr is 12% above the Washington state average of $22.64 SF/Yr.

Federal Way accounts for 3% of the 517 retail properties & spaces currently available across King County, where nearby markets include Seattle and Bellevue. By space type, the market includes 4 shopping centers and 4 storefront properties.

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