Rare ±8-acre land opportunity on Pacific Hwy S in Federal Way. Investment Opportunity with a Single Tenant, 5-Year, Triple Net Lease in place, 6% Cap Rate. Strong visibility, regional access, and a sizable site footprint position this property for both current income and long-term value creation. Large sites in this corridor are increasingly difficult to find. Reach out for additional information and to discuss potential fit. Don't miss the OM here; https://vimeo.com/1187227711?fl=pl&fe=sh
| MLS # | 2513240 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 138 |
| Listing Provided By | City Closers Real Estate | Kelsey Diller |
| Zoning | RS15.0 |
|---|---|
| Acreage | 8.00 |
| Property View | Yes |
| State | WA |
|---|---|
| County | King |
| City | Federal Way |
| Zip Code | 98003 |
| Area | 110 Dash Point | Federal Way |
| Community Name | S Federal Way |
| School District | Todd Beamer High |
| Elementary School | Enterprise Elem |
| High School | Todd Beamer High |
| Listing VS Median (in S Federal Way) | |
Price: $2,700,000 low | high Med: $1,074,000 On site: 138 low | high Med: 109.5 | |
| State | WA |
|---|---|
| County | King |
| City | Federal Way |
| Zip Code | 98003 |
| Area | 110 Dash Point | Federal Way |
| Community Name | S Federal Way |
| School District | Todd Beamer High |
| Elementary School | Enterprise Elem |
| High School | Todd Beamer High |
| Listing VS Median (in S Federal Way) | |
Price: $2,700,000 low | high Med: $1,074,000 On site: 138 low | high Med: 109.5 | |