Federal Way Office Space

2317 SW 320th St - 2 Spaces Federal Way, WA four exam room and wait area
Aug 29
1,000 - 1,410
sqft
Office Medical
1230 S 336th St - 2 Spaces Federal Way, WA open office and CAM expense
Aug 29
880 - 1,300
sqft
Office
34709 9th Ave S - 2 Spaces Federal Way, WA break room
Mar 28
1,550 - 3,100
sqft
Office Medical
32020 1st Ave S - 2 Spaces Federal Way, WA Onsite Parking.
Mar 27
550 - 2,480
sqft
Office

Federal Way

Market Report

Number of Listings
Posted in the last 90 days
27
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
3,170

Federal Way Rates

The typical asking rate per listing is in the $20's per square foot per year. The Federal Way submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 58% increase in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Federal Way submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Federal Way Listing Supply

In the last 90 days, 249 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the listings in the Federal Way are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,170 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1985 and are Class A.

Federal Way Community

Market Data

Real time and historical data on commercial real estate listings in Federal Way.
Research