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28810 Military Rd S
Federal Way, WA 98003
Safeway - Federal Way, WA · Retail Property For Sale
Investment Highlights
- Long-Term Lease Term Through 2037
- Absolute Net (NNN) Lease Structure
- Strategic Neighborhood Location
- Exceptional Store Sales Performance Driving Asset Strength
- High Barrier-to-Entry Infill Location with Strong Traffic Exposure
- Strong Household Income
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
25,766 SF
Building Class
C
Year Built
1972
Price
$7,720,000
Price Per SF
$299.62
Cap Rate
5.50%
NOI
$424,545
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.21
Lot Size
2.80 AC
Zoning
BC, Federal Way
Parking
140 Spaces (5.43 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 042104-9110 | Improvements Assessment | $726,700 |
| Land Assessment | $2,927,200 | Total Assessment | $3,653,900 |
Property Taxes
Parcel Number
042104-9110
Land Assessment
$2,927,200
Improvements Assessment
$726,700
Total Assessment
$3,653,900
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