Federal Way, WA Shopping centers for Rent & Lease

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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Updated: Nov 24, 2025

Retail Space in Federal Way

2500 South 320th Street, Federal Way, WA 98003

$32 SF/Yr

5,940 sqft

Established tenants include Marlene’s Market, Gateway Theatre, Jimmy John’s, Coldstone Creamery, and Pacific Medical Center.
Ample parking on both sides of the shopping center.
Pylon signage available at 320th and 317th Street.
Traffic signal at entrance to shopping center.
Adjacent to Hampton Inn & Courtyard Marriott.

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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

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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Federal Way, WA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 1 Properties for Sales.

Shopping centers for Lease in Nearby Cities

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

Puyallup Retail Space For Rent

611 S Meridian St, Puyallup, WA

Contact for pricing

2,822 sqft 3.41 AC lot

Downtown Puyallup retail space in Safeway anchored center.

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Kent Retail Space For Rent

25609 104th Avenue SE, Kent, WA

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1,100 sqft 6.43 AC lot

Retail space available in Kent, Washington, anchored by national tenants.

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Retail Storefront in Anchored Center

6719 S 211th St, Kent, WA 98032

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2,820 sqft

Ground-floor storefront is immediately adjacent to a Starbucks in a shopping center and suits multiple service uses.

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Retail Space in High Traffic Center

1420 E Main Ave, Puyallup, WA

Contact for pricing

5,600 sqft 1.67 AC lot

Retail space available in a high-traffic shopping center.

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Similar Spaces for Sale in Federal Way, WA

Consider Similar Space for Sale. We found 1 Spaces matching your search parameters.

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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Federal Way, WA Shopping centers Lease Rates & Market Statistics

Explore 4 Shopping centers for lease in Federal Way, WA on Realmo, a commercial real estate exchange covering the Federal Way area. The current inventory totals 9,327 square feet of properties.

Asking lease rates for Shopping centers in Federal Way start at $24 SF/Yr, average $28 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 $28 SF/Yr is 23% above the Washington state average of $22.79 SF/Yr.

Federal Way accounts for 8% of the 50 shopping centers currently available across King County, where nearby markets include Seattle and Bellevue. Shopping centers are one of the more limited space types in Federal Way, with just 4 listings currently available — a scarcity worth factoring into lease negotiations.