Property Details

402 S 333rd St
Federal Way, WA 98003
$2,595,000
CBA# 716083 courtesy of CBA Listing firm: NAI Puget Sound Properties

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402 S 333rd St, Federal Way

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Office / Retail
Property Type
14,048
Bldg Sq Ft
7.00%
Cap Rate
1979
Year Built

Property Overview

14K SF Office Building on 1.25 AC LotStabilized, High Occupancy Investment94% Occupied Across 39 UnitsSmall Format Units Provide Opportunity for Easy Leasing, High Rents Significant Rental UpsideDiverse Tenant Mix of Professional, Service, Health/Beauty, and MoreSignificant Capital Upgrades – New Roof, HVAC, and Lot Paving Ample Parking on Large Lot Current Cap Rate: 7.03%Price: $2,595,000 ($185/sf)

Property Details

Property Information

Property Type Commercial Sale
Status Available
County King
Listed Aug 4, 2026

Financial Summary

Cap Rate 7.00%

Building & Use

Building Sq Ft 14,048
Leasable Area 14,048 sqft
Zoning OP
Possible Use Retail,Office
Year Built 1979

Exterior & Lot

Year Built 1979

Location

City Federal Way
County King
Coordinates 47.30370, -122.33000
Listed By
Kyle Sterling
NAI Puget Sound Properties

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