View All
For Sale
402 S 333rd St, Federal Way, WA for sale
402 S 333rd St,
Federal Way, WA 98003
Federal Way, WA 98003
Asset Snapshot
1979
Year Built
1
Floor Count
1
Building Count
Offering Summary
Investment Overview
The subject property is a stabilized multi-tenant office investment featuring predominantly small-format suites. The property contains approximately 14,048 square feet of building area on approximately 54,798 square feet of land and is currently approximately 93.8% occupied.Investment Highlights
- 14K SF Office Building on 1.25 AC Lot
- Stabilized, High Occupancy Investment
- 94% Occupied Across 39 Units
- Small Format Units Provide Opportunity for Easy Leasing, High Rents
- Significant Rental Upside
- Diverse Tenant Mix of Professional, Service, Health/Beauty, and More
- Significant Capital Upgrades – New Roof, HVAC, and Lot Paving
- Ample Parking on Large Lot
- Current Cap Rate: 7.03%
- Price: $2,595,000 ($185/sf)
How it Works
Need Help?
Your brokers are your first point of contact for any listing or process questions. For additional support:
Listing Syndicated From
