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Forum Office Park 33710-33720 9th Ave S 22,522 SF 97% Leased Office Building Federal Way, WA 98003 For Sale

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INVESTMENT HIGHLIGHTS

  • Strong Historical Occupancy
  • High-Demand Suite Size
  • High Barrier to Entry Market
  • Diverse Tenant Mix
  • Exceptionally Located
  • Ample Parking

EXECUTIVE SUMMARY

Northmarq is pleased to present Forum Office Park, a two-building office park totaling approximately 22,522 SF in Federal Way, Washington. Constructed in 1979 and partially renovated in 1985, the Property is strategically positioned along the city’s primary office corridor with immediate access to major highways, offering excellent regional connectivity. Located within a growing suburban market with limited new office development, Forum Office Park provides investors a rare opportunity to acquire a stabilized asset in a region experiencing competitive leasing momentum. Strong historical occupancy and a well-established tenant base underscore the Property’s resilience and long-term demand drivers.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
22,522 SF
Building Class
B
Year Built/Renovated
1979/1985
NOI
$282,740
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
22,522 SF
Building FAR
0.21
Lot Size
2.42 AC
Zoning
OP (Office Park)
Parking
117 Spaces (5.19 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

If you have pain & stiffness from an auto accident, a work injury or anything else, then you definitely want to see one of the most effective & friendly chiropractors in Federal Way. Dr. Rob is among the best in his profession with decades of experience in the field. AGLA Chiropractic accepts almost all insurance & is conveniently located in the heart of Federal Way near Kaiser Permanente, Saint Francis Hospital, I-5, Hwy 18 & Pacific Hwy 99. Don't wait any longer, come in & start to feel good again!

  • Apex Roofing
  • Construction
  • -
  • -
  • -
  • Daekyo America Fed Way
  • Finance and Insurance
  • -
  • -
  • -
  • Diagnostic Labs
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Educational Services
  • -
  • -
  • -

Eye Level is a leading supplemental education service provider focused on developing their students to be critical thinkers and lifelong learners. Providing an individualized program to each student has always been a core value of an Eye Level education. Throughout the years, Eye Level has nurtured millions of students worldwide. Eye Level is now available in 20 countries and regions around the world and the number continues to grow. Daekyo, the parent company of Eye Level, has long been recognized as one of the leading educational and cultural service providers.

  • Healthful Solutions Massa
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Lice Knowing You
  • Services
  • -
  • -
  • -
  • Life's Styles Barber Academy
  • -
  • -
  • -
  • -
  • Oci
  • Administrative and Support Services
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

RedSail Technologies stands as the forefront leader in pharmacy software and services, serving over eight million patients monthly across 10,000 pharmacies. By providing integrated tools and connectivity, RedSail empowers pharmacies to deliver superior patient care while enhancing their role within the healthcare ecosystem. As part of a clinically advanced and financially sustainable pharmacy network, RedSail ensures that its customers have the resources needed for success, enabling them to focus on patient care and drive positive outcomes.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -
Apex Roofing Construction - - -
Daekyo America Fed Way Finance and Insurance - - -
Diagnostic Labs Health Care and Social Assistance - - -
Educational Services - - -
Healthful Solutions Massa Health Care and Social Assistance - - -
Lice Knowing You Services - - -
Life's Styles Barber Academy - - - -
Oci Administrative and Support Services - - -
Professional, Scientific, and Technical Services - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste Forum II - Suite 5
  • 732 SF
  • Office
  • -
  • Now

Park-like setting; Abundant parking; Near several amenities and St. Francis Hospital; Easy access to I-5, SR-18 and SR-167

Space Size Space Use Condition Available
1st Fl-Ste Forum II - Suite 5 732 SF Office - Now

1st Fl-Ste Forum II - Suite 5

Size
732 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste Forum II - Suite 5

Size 732 SF
Space Use Office
Condition -
Available Now

Park-like setting; Abundant parking; Near several amenities and St. Francis Hospital; Easy access to I-5, SR-18 and SR-167

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
926480-0140
Land Assessment
$1,475,600
Improvements Assessment
$2,310,900
Total Assessment
$3,786,500
  • Listing ID: 38507811

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: 33710-33720 9th Ave S, Federal Way, WA 98003

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