33702 21St AveFederal Way, WA 98023

Property Details for 33702 21St Ave

Year built

1991

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

15.52 AC

Property size (Sq ft)

195,246 SF

Zone code

BN

Property type

Retail properties

Property subtype

Outlet malls

APN

930100-0010

APU

9301000010

Description

This exceptional 195,246 square foot retail property, situated in Federal Way, Washington, presents a compelling investment opportunity. Anchored by a Fred Meyer grocery store, this Class C center boasts a prime location at 33702 21st Ave SW, benefiting from high visibility and accessibility. The single-story building, constructed in 1991 and renovated in 1995, sits on a substantial 15.52-acre lot. The property features a multiple-tenancy structure, providing diverse income streams. With a total of 195,246 square feet of retail space, the center offers ample room for various businesses. Convenient parking is available, with a ratio of 4 spaces per 1000 square feet. The property's strategic location off 21st Ave SW and SW Campus Dr benefits from a combined daily traffic count of 36,000 vehicles. The King County location, with APN 930100-0010 and BN zoning, ensures a stable and desirable investment environment. This property is an excellent opportunity for investors seeking a well-established, high-traffic retail center in a thriving community. The absence of elevators is noted.

Location Insight

City

Federal Way

County

King

State

Washington

Latitude

47.2982

Longitude

-122.359

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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