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Seattle Children's South Clinic

Off-Market

34920 Enchanted Pkwy South, Federal Way, WA 98003

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  • Property Type Office - Medical Office
  • Property Size 37,180 SF
  • Lot Size 12.85 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2015

Location

  • City Federal Way, WA
  • Neighborhood Federal Way
  • Zip Code 98003
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Federal Way

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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)
View more Federal Way market trends

Tax

  • Base Tax $226,677
  • Current Tax $176,326
  • Market Value* $20,654,900
  • Assessed Value $20,654,900

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 Seattle Children's South Clinic?

Seattle Children's South Clinic totals 37,180 square feet.

When was this property built?

Seattle Children's South Clinic was built in 2015.

What is the market value for Seattle Children's South Clinic?

The market value* for Seattle Children's South Clinic in 2022 was $20,654,900.
*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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