Log In/Sign Up
Your email has been sent.
918 348th Ave S 4,800 SF Vacant Office Building Federal Way, WA 98003 $2,300,000 ($479.17/SF)
Investment Highlights
- Adjacent to Franciscan Hospital
- Convenient location in Federal Way Med District
- Excellent medical buildout
Executive Summary
Rare opportunity for a turnkey
clinic & admin office space
Medical clinic space & administrative office space
4,800 SF total
Both spaces currently leased by one Tenant until
February 28, 2026
Base rent is approximately $9,300/month
Clinic build-out includes reception area, business
office, 2 exam rooms, 2 restrooms, 1 procedure
room/sterilization area, 1 lab area, 1 recovery area,
1 staff lounge, 1 doctor office
clinic & admin office space
Medical clinic space & administrative office space
4,800 SF total
Both spaces currently leased by one Tenant until
February 28, 2026
Base rent is approximately $9,300/month
Clinic build-out includes reception area, business
office, 2 exam rooms, 2 restrooms, 1 procedure
room/sterilization area, 1 lab area, 1 recovery area,
1 staff lounge, 1 doctor office
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,800 SF
Building Class
B
Year Built
1999
Price
$2,300,000
Price Per SF
$479.17
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.08
Lot Size
1.46 AC
Zoning
OP
Parking
12 Spaces (2.5 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Clinic build-out includes reception area, business office, 3 exam rooms, 2 restrooms, 1 procedure room/sterilization area, 1 lab area, 1 recovery area, 1 staff lounge, 1 doctor office
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 2,120-4,800 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 2,120-4,800 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 2,120-4,800 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
Clinic build-out includes reception area, business office, 3 exam rooms, 2 restrooms, 1 procedure room/sterilization area, 1 lab area, 1 recovery area, 1 staff lounge, 1 doctor office
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,808,900 | |
| Land Assessment | $889,900 | Total Assessment | $4,698,800 |
Property Taxes
Parcel Numbers
Land Assessment
$889,900
Improvements Assessment
$3,808,900
Total Assessment
$4,698,800
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
