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1805 S 316th St
Federal Way, WA 98003
Retail Property For Sale


Investment Highlights
- 22 Min away from Seattle-Tacoma International Airport
- 11 min drive to the commuter rail downtown.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
9,536 SF
Building Class
B
Year Built/Renovated
1994/2000
Price
$7,500,000
Price Per SF
$786.49
Cap Rate
5.96%
NOI
$447,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.48 AC
Opportunity Zone
Yes
Zoning
CC, Federal Way - City Center Core
Parking
68 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
177’ on S 316th St
Amenities
- Pylon Sign
- Security System
- Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 092104-9304 | Improvements Assessment | $3,128,800 |
| Land Assessment | $3,232,500 | Total Assessment | $6,361,300 |
Property Taxes
Parcel Number
092104-9304
Land Assessment
$3,232,500
Improvements Assessment
$3,128,800
Total Assessment
$6,361,300
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