• 616 S 348th St, Federal Way, WA 98003

For Sale

Office

For Sale

This property is available for sale
0.52
Acres
$5,400,000
Sale Price
  • Year Built
    1993 (Renovated 2000)
  • Total Building Size
    22,590 RSF
  • Overview

    Excellent location:
    »Within walking distance to St. Francis Hospital complex
    »Easy access to I-5 via S. 348th St.
    »Close to large retail amenities

    22,590 SF single-story office building

    Built in 1993, with an addition and complete interior remodel in 2000

    Single Tenant - new 5 year lease. In place since 2000

    Parking ratio of 4.25 stalls/1,000 SF - 96 surface stalls

    Situated on a 2.68-acre site, zoned OP by the City of Federal Way

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Property Details

DSHS Buidling

Excellent location:
»Within walking distance to St. Francis Hospital complex
»Easy access to I-5 via S. 348th St.
»Close to large retail amenities

22,590 SF single-story office building

Built in 1993, with an addition and complete interior remodel in 2000

Single Tenant - new 5 year lease. In place since 2000

Parking ratio of 4.25 stalls/1,000 SF - 96 surface stalls

Situated on a 2.68-acre site, zoned OP by the City of Federal Way

  • Property Type
    Office
  • Submarket
  • Year Built
    1993Renovated 2000
  • Sale Price
    $5,400,000
  • Total Building Size
    22,590RSF
  • Total Acres
    0.52
  • Cap Rate
    6.0%
  • Number of Floors
    1
  • Number of Buildings
    1
  • Building Class
    C
  • Parking Ratio
    4.25/1,000
  • Zoning
    OP
  • Sewer
    No
  • Corner lot
    No
  • Property ID
    58706

Landlord's Sales Representative

  • Pat Mutzel
    Colliers | Bellevue