Presented by: City Closers Real Estate; Kelsey Diller; 206-915-6028; kelsey@CityClosers.com
Property Description
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
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces0
General
Building Area Units0 sqft
Carport Y/NNo
CityFederal Way
CountyKing
DirectionsFrontage on Pacific Highway S. GPS works.
Elementary SchoolEnterprise Elem
Gas StatusNot Available
HOANo
HOA Fee$0
High SchoolTodd Beamer High
High School DistrictFederal Way
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet348,480 sqft
Lot Size UnitsSquare Feet
MLS Area110 - Dash Point/Federal Way
Middle/Junior High SchoolIllahee Jnr High
NWM_ShowMapLinkY
PossessionSubject To Tenant Rights
Possible UseResidential
Property FeaturesPartially Cleared
Property Style41 - Res-Over 1 Acre
Property SubtypeLand
Property TypeLand
Public RemarksRare 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 sizab
Senior Community Y/NNo
SewerIn Street
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeNone
Subdivision NameS Federal Way
TopographyLevel, Sloped
UtilitiesElectricity Connected, Septic Design Installed
ViewTerritorial
Zoning DescriptionResidential
Exterior
Building Area Total0 sqft
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Paved
Lot Size Acres8
Road ResponsibilityCounty
Road Surface TypePaved
Water SourceAvailable, On Property
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Illahee Jnr High
High School
Todd Beamer High
Elementary School
Enterprise Elem
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Anaccortes, WA 98221
Anaccortes, WA 98221