About this home

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.

Schools

Elementary

Enterprise Elem

Middle

Illahee Jnr High

High

Todd Beamer High

Property details

View: Territorial
Lot: Corner Lot, Paved
Water source: Available, On Property
Sewer: In Street
Utilities: Electricity Connected, Septic Design Installed

Estimate your monthly payment

$13,653/mo

Principal & interest: $13,653

Down payment (20%) $540,000 Interest rate (%) Loan term (years)

Loan amount $2,160,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Federal Way, WA 98003

Approximate location. Contact us to confirm the exact address.

Listing courtesy of City Closers Real Estate— Kelsey Diller.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.