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28338915
28338916

33710 9th Ave S, Federal Way, WA 98003

RV
WA 135292
Northmarq - Seattle
Listed by Northmarq - Seattle
$3,995,000
196 days on market
Updated 37 days ago

Forum Office Park

Details
APN 926480-0140
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 22,522
Net Rentable (SqFt) 22,522
Cap Rate 7.12%
Occupancy 96.7%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 8.91%
Price per SqFt $193
Broker Co-Op Yes
Class B
Year Built 1979
Year Renovated 1985
Buildings 2
Stories 1
Acreage 2.420
Zoning OP (Office Park)
Parking Spaces 5.19 per 1,000 sq ft

96.7% Occupied Office Park | Ample Parking | Strong Historical Occupancy

Marketing description

Northmarq is pleased to present Forum Office Park, a two-building office park totaling approximately 22,522 SF in Federal Way, Washington. Constructed in 1979 and partially renovated in 1985, the Property is strategically positioned along the city’s primary office corridor with immediate access to major highways, offering excellent regional connectivity. Located within a growing suburban market with limited new office development, Forum Office Park provides investors a rare opportunity to acquire a stabilized asset in a region experiencing competitive leasing momentum. Strong historical occupancy and a well-established tenant base underscore the Property’s resilience and long-term demand drivers.

Investment highlights

Strong Historical Occupancy

Diverse Tenant Mix

High-Demand Suite Size

Exceptionally Located

High Barrier to Entry Market

Ample Parking

Listing Contacts

RV
WA 135292
Northmarq - Seattle
Listed by Northmarq - Seattle

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Additional Information

Name
RJ Vara
License
135292
Brokerage
Northmarq
Brokerage Phone
2068443505
Title
Real Estate Broker
Brokerage Address
130 Nickerson Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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