918 348th Ave S - Office FOR SALE


Federal Way, WA 98003
$2,500,000 USD
206-605-7278
918 348th Ave S, Federal Way, WA for Sale
$2,500,000 USD
Office - FOR SALE
1/3
null | Request Cap Rate

Mar '26


918 348th Ave S
Federal Way, WA 98003


HIGHLIGHTS

  • Adjacent to Franciscan Hospital
  • Excellent medical buildout
  • Convenient location in Federal Way Med District

OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$521 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,529 SF

ZONING

OP

APN/PARCEL ID

114040-0010,114040-0020,114040-0030

ASK ABOUT THIS PROPERTY

Brian ClappKidder MathewsMore Info
206-605-7278

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Brian ClappKidder MathewsMore Info
206-605-7278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.