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109 Commercial Real Estate Listings in Federal Way, WA

  • The Centre at Federal Way - Federal Way
    2505 S 320th Street, Federal Way, WA
    For Lease
    • $19.50 - $21.00/SF/YR
    Property
    • Office
    • 74,031 SF
    Availability
    • 2 Spaces
    • 6,518 SF
    View Details
  • Washington Park - Federal Way
    33801 1st Way South, Federal Way, WA
    For Lease
    • $26.00/SF/YR
    Property
    • Office
    • 49,890 SF
    Availability
    • 1 Space
    • 6,991 SF
    Year Built
    • 1990
    View Details
  • Parklane Executive Center - Federal Way
    31620 23rd Avenue South, Federal Way, WA
    For Lease
    • $24.00/SF/YR
    Property
    • Office
    • 40,053 SF
    Availability
    • 1 Space
    • 720 SF
    Year Built
    • 1984
    View Details
  • Investment Opportunity - Secoma Lanes - Federal Way
    34500 Pacific Hwy S, Federal Way, WA
    For Sale
    • Contact for pricing
    Property
    • Other
    • 33,263 SF
    View Details
  • 32123 1st Ave S - Federal Way
    32123 1st Ave S, Federal Way, WA
    For Lease
    • $16.00/SF/YR
    Property
    • Office
    Availability
    • 1 Space
    • 2,065 SF
    View Details
  • Federal Way Vacant Land - Federal Way
    1403 S 330th St, Federal Way, WA
    For Sale
    • $392,500
    Property
    • VacantLand
    View Details
  • Federal Way Development Site - Federal Way
    35415 21st Ave SW, Federal Way, WA
    For Sale
    • $1,780,000
    Property
    • VacantLand
    View Details
  • Park Center I - Federal Way
    33400 8th Avenue South, Federal Way, WA
    For Lease
    • $19.00 - $20.50/SF/YR
    Property
    • Office
    • 68,586 SF
    Availability
    • 7 Spaces
    • 21,900 SF
    Year Built
    • 1981
    View Details
  • Gateway Center - Federal Way
    2500 South 320th Street, Federal Way, WA
    For Lease
    • $30.00 - $35.00/SF/YR
    Property
    • Retail
    Availability
    • 3 Spaces
    • 9,500 SF
    View Details
  • Ridgewood Center - Federal Way
    33650 6th Avenue South, Federal Way, WA
    For Lease
    • $15.00 - $17.00/SF/YR
    Property
    • Office
    • 31,757 SF
    Availability
    • 3 Spaces
    • 11,740 SF
    Year Built
    • 1989
    View Details
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  • Fountain Plaza I & II - Federal Way
    505 South 336th Street, Federal Way, WA
    For Lease
    • $24.50 - $26.00/SF/YR
    Property
    • Office
    • 113,434 SF
    Availability
    • 10 Spaces
    • 26,910 SF
    Year Built
    • 1982
    View Details
  • Granville Court Building - Federal Way
    1010 South 336th Street, Federal Way, WA
    For Lease
    • $21.50/SF/YR
    Property
    • Office
    • 55,939 SF
    Availability
    • 3 Spaces
    • 8,397 SF
    Year Built
    • 1982
    View Details
  • Neon Plaza - Federal Way
    1200 S 324th Street, Federal Way, WA
    For Lease
    • $24.00 - $27.00/SF/YR
    Property
    • Retail
    • 12,698 SF
    Availability
    • 1 Space
    • 1,972 SF
    Year Built
    • 1989
    View Details
  • Torquay Medical Building - Federal Way
    34616 11th Pl S, Federal Way, WA
    For Lease
    • $14.00 - $17.50/SF/YR
    Property
    • Office
    • 16,325 SF
    Availability
    • 3 Spaces
    • 6,629 SF
    Year Built
    • 1978
    View Details
  • Wellness Plaza - Federal Way
    34617 11th Pl S, Federal Way, WA
    For Lease
    • $25.00/SF/YR
    Property
    • Office
    • 21,098 SF
    Availability
    • 11 Spaces
    • 24,557 SF
    Year Built
    • 2022
    View Details
  • 30819 14th Ave S - Federal Way
    30819 14th Ave S, Federal Way, WA
    For Sale
    • $1,400,000
    Property
    • Office
    • 8,589 SF
    View Details
  • Russell Plaza Office Building - Federal Way
    33600 6th Avenue South, Federal Way, WA
    For Lease
    • $27.00/SF/YR
    Property
    • Office
    • 31,491 SF
    Availability
    • 1 Space
    • 1,924 SF
    Year Built
    • 1985
    View Details
  • Maplewood Office Building - Federal Way
    33915 1st Way South, Federal Way, WA
    For Lease
    • $16.00 - $22.00/SF/YR
    Property
    • Office
    • 32,374 SF
    Availability
    • 3 Spaces
    • 8,372 SF
    Year Built
    • 2005
    View Details
  • Federal Way Plaza - Federal Way
    31830 & 31840 Pacific Highway South, Federal Way, WA
    For Lease
    • $25.00/SF/YR
    Property
    • Retail
    • 22,864 SF
    Availability
    • 1 Space
    • 1,920 SF
    Year Built
    • 1985
    View Details
  • CHI Franciscan St. Francis Hospital - Medical Pavilion - Federal Way
    34503 9th Avenue South, Federal Way, WA
    For Lease
    • $11,834.00/MO
    Property
    • Office
    • 51,465 SF
    Availability
    • 1 Space
    • 5,072 SF
    Year Built
    • 1997
    View Details
  • Cedar Park at West Campus - Federal Way
    33455 6th Avenue South, Federal Way, WA
    For Lease
    • $16.00/SF/YR
    Property
    • Office
    • 48,869 SF
    Availability
    • 2 Spaces
    • 27,756 SF
    Year Built
    • 2008
    View Details
  • Chamber of Commerce Building - Federal Way
    31919 1st Avenue South, Federal Way, WA
    For Lease
    • $17.50/SF/YR
    Property
    • Office
    • 30,098 SF
    Availability
    • 4 Spaces
    • 7,788 SF
    Year Built
    • 1984
    View Details
  • 33530 1st Way South - Federal Way
    33530 1st Way South, Federal Way, WA
    For Lease
    • $23.00/SF/YR
    Property
    • Office
    • 26,742 SF
    Availability
    • 2 Spaces
    • 9,726 SF
    Year Built
    • 2005
    View Details
  • 32701 1st Ave S - Federal Way
    32701 1st Ave S, Federal Way, WA
    For Lease
    • $16.00/SF/YR
    Property
    • Office
    Availability
    • 2 Spaces
    • 2,761 SF
    View Details
  • Westside Center - Federal Way
    33309 1st Way South, Federal Way, WA
    For Lease
    • $16.00 - $16.50/SF/YR
    Property
    • Office
    • 63,347 SF
    Availability
    • 4 Spaces
    • 10,014 SF
    Year Built
    • 1983
    View Details
  • 9th Avenue Pavilion - Federal Way
    33434 8th Ave S, Federal Way, WA
    For Lease
    • $27.50/SF/YR
    Property
    • Office
    • 34,718 SF
    Availability
    • 1 Space
    • 1,926 SF
    Year Built
    • 1979
    View Details

Federal Way, WA Commercial Real Estate

There are currently 106 commercial listings available in Federal Way, WA. These listings include 111 commercial spaces that encompass a total of 4,523,646 square feet. Available commercial spaces in Federal Way, WA range in size from 271 square feet to 1,021,791 square feet. A total of 90 off-market commercial properties located in Federal Way, WA are also available for research.

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Federal Way, WA Commercial Inventory Breakdown

In 2022 the Federal Way, WA commercial real estate market totaled 807,493 square feet of office spaces, 3,463,253 square feet of office spaces with retail, and 2,482,040 square feet of industrial space.

Office Spaces

Total: 807,493 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 579,352 SqFt 71.75% of total office
100k to 500k SqFt 228,141 SqFt 28.25% of total office
By class:
Class B 753,519 SqFt 93.32% of total office
Class C 53,974 SqFt 6.68% of total office

Industrial

Total: 2,482,040 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 524,645 SqFt 21.14% of total industrial
100k to 500k SqFt 935,604 SqFt 37.69% of total industrial
> 1M SqFt 1,021,791 SqFt 41.17% of total industrial
By class:
Class A 1,021,791 SqFt 41.17% of total industrial
Class B 601,374 SqFt 24.23% of total industrial
Class C 56,627 SqFt 2.28% of total industrial
There are 935,604 square feet of commercial real estate properties between 100k to 500k square feet, representing 37.69% of the Federal Way, WA industrial inventory. Class A assets total 1,021,791 square feet of industrial space, with an additional 601,374 square feet of Class B and 56,627 square feet of Class C properties.

Office Spaces with Retail

Total: 3,463,253 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 536,789 SqFt 15.5% of total office with retail
100k to 500k SqFt 2,146,518 SqFt 61.98% of total office with retail
500k to 1M SqFt 779,946 SqFt 22.52% of total office with retail

Federal Way, WA Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Federal Way, WA Office 20 439,074
Federal Way, WA Retail -4 205,048
Federal Way, WA Industrial -8 3,660,808
Federal Way, WA Other 15 4,524,930
Ofice Icon

20

Office

Industrial Icon

-8

Industrial

Retail Icon

-4

Retail

Current local active listing encompass 8,829,860 square feet of commercial space for lease in Federal Way. There are 20 active office listings, which amount to 439,074 square feet and account for 86% of commercial spaces on the market. Local retail availability includes 205,048 square feet across -4 listings. Current industrial offerings on the market amount to 3,660,808 square feet across a total of -8.

Employment in Federal Way, WA

Employed Population 48,698

Employed population - Industry % Distribution

Management, business, science, and arts occupations

29%

Service occupations

25%

Sales and office occupations

19%

Production, transportation, and material moving occupations

16%

Natural resources, construction, and maintenance occupations

11%

In 2020, roughly 29% of a total of 48,698 employed in Federal Way worked in Management, business, science, and arts occupations, followed by 25% in Service occupations and 19% in Sales and office occupations.

Income per capita $31,011  Median household income $64,263

Household income

34%

Under $50k

36%

$50k - $100k

22%

$100k - $200k

7%

Over $200k

The median household income in Federal Way stands at $64,263, with per capita income at $31,011. Households earning between $50k and $100k represent 36% of the total, while those earning over $200k make up 7%. Approximately 34% of Federal Way households earn less than $50k per year.

Commuting in Federal Way, WA

Mean travel time to work 37 minutes

Means of transportation to work

69.90%

Driving alone

15.30%

Carpool

9.90%

Public transit

0.30%

Bicycle

0.70%

Walking

1.20%

Other

2.70%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Federal Way in 2020 was 37 minutes. Around 69.90% of workers commute by Driving alone, 15.30% Carpool and 9.90% by Public transit.

Education in Federal Way, WA

High school grad or higher 90%

Bachelor's degree or higher 29%

Population by minimum level of education

10%

No degree

29%

High school

32%

Some College

19%

Bachelor's

10%

Post-grad

*Universe: Workers 25 and over

An estimated 90% of Federal Way residents aged 25 or over hold a high school degree or higher. Of those, 29% are high school graduates, 32% attended some college, 19% earned a bachelor's degree, with an additional 10% holding post-graduate degrees.

Federal Way, WA Demographics

As of 2020, Federal Way had a total population of 96,297, with a median age of 33.50 years. Roughly 67.10% of the total population was between the ages of 16 and 64 years old.