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The Sanctuary - Heron Building
33820 Weyerhaeuser Way South, Federal Way, WA 98001
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - General Office
- Property Size 55,755 SF
- Lot Size 4.64 Acre
- Parking Spaces Avail. 167
- Parking Ratio 3.00/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 2001
False
Location
- City Federal Way, WA
- Neighborhood North Lake
- Zip Code 98001
- Market Seattle
Contacts
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Owner
Tenants
Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Mortgages
Market Trends
Average Actual Rents in Federal Way
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Asking Rents in Federal Way Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $22.97
- 2020 Office Vacancy Rate 28.66%
- 2020 Office Completions (SF)
Tax
- Base Tax $91,314
- Current Tax $71,125
- Market Value* $8,320,600
- Assessed Value $8,320,600
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of The Sanctuary - Heron Building?
The Sanctuary - Heron Building totals 55,755 square feet.
When was this property built?
The Sanctuary - Heron Building was built in 2001.
When was The Sanctuary - Heron Building last sold?
The Sanctuary - Heron Building was last sold on 21 Nov, 2013.
What is the market value for The Sanctuary - Heron Building?
The market value* for The Sanctuary - Heron Building in 2022 was $8,320,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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