616 South 348th Street
Federal Way, WA 98003 ·
22,590 SF · Office For Sale
Federal Way DSHS Building
|Building Size||22,590 SF||No. Stories||1|
|Property Type||Office||Building Class||B|
|Property Use Type||Investment||Year Built||1993|
|Cap Rate||7%||Lot Size||116,701 SF|
|Listing ID: 14241805||Date Created: 06/16/2005||Last Updated: 01/05/2006|
The property is a 22,590 square foot office building that is 100% leased to the State of Washington.
The building has immediate access to Interstate 5 and State Route 18 via the 348th Street interchange. Federal Way is located just 8 miles north of Downtown Tacoma and 25 miles south of Seattle. Federal Way is connected to the region by three exits along Interstate 5, as well as access points to State Highways 18, 509, 161 and Pacific Highway/SR99. The property is located only 12 miles from the Sea-Tac International Airport.
- 100% Leased
- Immediate access to Interstate 5 via 348th Street
- Quality improvements
- Long term lease
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