- For Lease Contact for pricing
- Property Type Retail - Freestanding
- Property Size 8,360 SF
- Units 1
- Lot Size 0.86 Acre
- Building Class C
- Year Built 1979
- Date Updated Sep 21, 2026
Description
The property is located directly across from The Commons at Federal Way, a major regional shopping destination anchored by Target, Kohl’s, Burlington and Century Theatres. The surrounding concentration of national retailers, restaurants and entertainment uses generates consistent consumer activity. Nearby South 320th Street carries approximately 40,000 vehicles per day, providing strong exposure and convenient customer access. The property is minutes from I-5, SR 18 and the Federal Way Downtown Link light-rail station.The property offers two potential leasing opportunities: a long-term ground lease for the redevelopment of the site by a fast-food restaurant, drive-through concept, or other user; or a NNN lease of the existing approximately 8,360-square-foot former bank building. The existing improvements include drive-thru facilities and may accommodate a variety of retail, financial, medical, professional-service, or restaurant concepts.
Highlights
- 8,360 SF Building on 37,384 SF Lot
- Approximately 41 Striped Parking Stalls with Excellent Visibility and Access
- Current Leased by Heritage Bank - Available August 1, 2027
- Existing Drive-Thru Lanes and Service Window Infrastructure
- Flexible Opportunity for a NNN Lease of the Existing Building or a Long-Term Ground Lease
- Near the Federal Way Link Light Rail Station
- Rare Signalized Corner Location - Across from The Commons Shopping Center
True
1 Space Available
32303 Pacific Hwy S
Space Type
Retail
Lease Rate
Contact for pricing
Total Space
37,384 SF
Divisible Space
37,384 - 37,384 SF
Available Date
Immediate
Renewal Option
Yes
Sublease
No
Contacts
Kyle Sterling
NAI Puget Sound Properties
Location
Contact Listing Broker
Kyle Sterling
NAI Puget Sound Properties
