501 336Th StFederal Way, WA 98003

Property Details for 501 336Th St

Year built

1982

Construction

STEEL FRAME

Lot size

2.50 AC

Property size (Sq ft)

30,858 SF

Zone code

OP

Property type

Office properties

Property subtype

Office buildings

APN

926480-0240

APU

9264800240

Description

Fountain Plaza I & II offers exceptional Class A executive office space in the CBA Federal Way submarket of King County. This two-building complex boasts a total of 48,387 square feet, spread across six stories, providing a variety of options for businesses of all sizes. Currently, there are multiple tenancies available, with a minimum divisible space of 1,694 square feet and a maximum contiguous space of 13,099 square feet. A significant 28,083 square feet of space is currently vacant, presenting a unique opportunity for immediate occupancy. The property is zoned OP and offers ample parking with a ratio of 4.7 spaces per 1,000 square feet. The buildings are well-maintained and offer a professional environment ideal for executive offices. Whether you require a small, efficient suite or a larger, more expansive space, Fountain Plaza I & II provides the flexibility to accommodate your specific needs. Its strategic location within the CBA Federal Way submarket ensures easy access to major transportation routes and amenities, making it an attractive option for businesses seeking a thriving and convenient location. Contact us today to explore the available spaces and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $8,350,250

  6.5%

  $7,707,924

  7%

  $7,157,358

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,275,004

  Geo Method

  $5,942,634

• Alternative Use

  Use

  Valuation

  Residential

  $9,557,825

  Hospitality

  $8,754,917

  Educational

  $7,283,988

  Medical

  $7,534,496

  Retail

  $11,330,648

Location Insight

City

Federal Way

County

King

State

Washington

Latitude

47.2991

Longitude

-122.328

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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