For Lease
$24/SF/YR

32900 Pacific HwyFederal Way, WA 98003

4,050 SF Retail Land, Hwy 99

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 4,050 square foot retail property, situated on a 30,239 square foot lot (tax parcel #7978800080), presents a unique investment opportunity in Federal Way, WA. Located on Pacific Highway S, this single-tenant building boasts high visibility along Highway 99, between exits 320th and 348th, offering convenient access and significant exposure. The property benefits from its proximity to The Commons Shopping Mall (a 780,000 square foot Class-A mall) and the new Sound Transit light rail station, ensuring high foot traffic and accessibility. The zoning is Community Business (BC), allowing for diverse commercial and residential uses, including light industrial, automotive sales and repair, retail, office, and multi-family development. The building is currently vacant and features 33 parking spaces. This lease offering is for the north lot only. A separate listing is available for the adjacent parcel. The property is also available for purchase. This is a rare opportunity to secure a prime retail location in a thriving area with excellent transportation links and strong surrounding amenities. The property offers a single story building with no elevators. Electricity is available on site.

Highlights

  • Immediately available for occupancy.
  • High-traffic location with excellent visibility.
  • Ample on-site parking.
  • Modern and efficient floor plan.
  • Competitive lease rates.

Property Details for 32900 Pacific Hwy

Property type
Retail properties, Land
RSF (Rentable sq. ft)
4,050 SF
Stories
1

Unit(s) available at that property

Space
Size
4,050 SF
Rate per SF
$24

Location Insight

City
Federal Way
County
King
State
Washington
Latitude
47.3069588
Longitude
-122.3128565
32900 Pacific Hwy, Federal Way, Washington

FAQs

What type of property is this?
Retail property - 4,050 SF Retail Land, Hwy 99
Where is the retail property located?
The property is located at 32900 Pacific Hwy Federal Way, WA.
What is the lease rate?
The lease rate is $24/SF/YR.
What are key features of this property?
This property features: Immediately available for occupancy.; High-traffic location with excellent visibility.; Ample on-site parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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32900 Pacific Hwy
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