348th 1St AveFederal Way, WA 98003

Property Details for 348th 1St Ave

Property size (Sq ft)

17,954 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional 17,954 square foot mixed-use property, located at the intersection of S 348th St and 1st Avenue S in Federal Way, WA 98003, presents a unique investment opportunity. The property consists of ten buildings and offers a total of 17,954 square feet, with 3,090 square feet currently vacant and available for lease. The building is categorized as retail and office space, specifically designated as a medical office, outparcel/pad, and mixed-use development. Its strategic location offers high visibility and accessibility, situated directly adjacent to St. Francis Hospital and its West Campus offices. The property benefits from its proximity to the I-5 and SR-18 interchange, ensuring convenient access for patients and staff. Furthermore, the development sits in front of approximately 260 new apartments, providing a built-in customer base. High traffic volume is guaranteed with an average daily count of 32,345 vehicles on S 348th Street. This property is ideal for medical practices seeking a high-traffic, easily accessible location within a thriving community. The multiple tenancy structure allows for flexibility and potential for diverse revenue streams. King County location provides access to a large and growing population base. Don't miss this chance to secure a prime medical office space in a rapidly developing area.

Location Insight

City

Federal Way

County

King

State

Washington

Latitude

47.3203

Longitude

-122.333

FAQs

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