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Hillside Plaza Shopping Center 2000-2122 S 314th St 1,609 - 27,258 SF of Retail Space Available in Federal Way, WA 98003

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SPACE AVAILABILITY (5)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 2004
  • 4,865 SF
  • Negotiable
  • $29.31 CAD/SF/YR $2.44 CAD/SF/MO $142,614 CAD/YR $11,885 CAD/MO
  • Triple Net (NNN)
2000-2222 S 314th St - 1st Floor - Ste 2004
Space Use
Retail
Condition
Partial Build-Out
Availability
60 Days

“Shell Ready” for Tenants NNN's do not include w/s, trash, or electric. Available immediately. New upgrades. Federal Way City Core Location Blocks Away from I-5 at the S 320th Street Exit Next to Walmart and Top Foods Anchor Space Available

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste 2014
  • 1,623 SF
  • Negotiable
  • $29.31 CAD/SF/YR $2.44 CAD/SF/MO $47,577 CAD/YR $3,965 CAD/MO
  • Triple Net (NNN)
2000-2222 S 314th St - 1st Floor - Ste 2014
Space Use
Retail
Condition
-
Availability
Now

Open retail space.

  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste 2030
  • 10,205 SF
  • Negotiable
  • $29.31 CAD/SF/YR $2.44 CAD/SF/MO $299,153 CAD/YR $24,929 CAD/MO
  • Triple Net (NNN)
2000-2222 S 314th St - 1st Floor - Ste 2030
Space Use
Retail
Condition
-
Availability
Now

Previous school space with 2-3 classrooms, open area, expanded restrooms and 5 offices. Potential for 1 grade-level loading door.

  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste 2118
  • 1,609 SF
  • Negotiable
  • $29.31 CAD/SF/YR $2.44 CAD/SF/MO $47,167 CAD/YR $3,931 CAD/MO
  • Triple Net (NNN)
2000-2222 S 314th St - 1st Floor - Ste 2118
Space Use
Retail
Condition
Full Build-Out
Availability
2026-02-01

Inline retail space - currently used as an eyebrow threading salon.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • 1st Floor, Ste 2144
  • 8,956 SF
  • Negotiable
  • $29.31 CAD/SF/YR $2.44 CAD/SF/MO $262,539 CAD/YR $21,878 CAD/MO
  • Triple Net (NNN)
2000-2222 S 314th St - 1st Floor - Ste 2144
Space Use
Retail
Condition
-
Availability
60 Days

Available within 30 days notice.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 2004 4,865 SF Negotiable $29.31 CAD/SF/YR $2.44 CAD/SF/MO $142,614 CAD/YR $11,885 CAD/MO Triple Net (NNN)
1st Floor, Ste 2014 1,623 SF Negotiable $29.31 CAD/SF/YR $2.44 CAD/SF/MO $47,577 CAD/YR $3,965 CAD/MO Triple Net (NNN)
1st Floor, Ste 2030 10,205 SF Negotiable $29.31 CAD/SF/YR $2.44 CAD/SF/MO $299,153 CAD/YR $24,929 CAD/MO Triple Net (NNN)
1st Floor, Ste 2118 1,609 SF Negotiable $29.31 CAD/SF/YR $2.44 CAD/SF/MO $47,167 CAD/YR $3,931 CAD/MO Triple Net (NNN)
1st Floor, Ste 2144 8,956 SF Negotiable $29.31 CAD/SF/YR $2.44 CAD/SF/MO $262,539 CAD/YR $21,878 CAD/MO Triple Net (NNN)

2000-2222 S 314th St - 1st Floor - Ste 2004

Size
4,865 SF
Term
Negotiable
Rental Rate
$29.31 CAD/SF/YR $2.44 CAD/SF/MO $142,614 CAD/YR $11,885 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
60 Days

“Shell Ready” for Tenants NNN's do not include w/s, trash, or electric. Available immediately. New upgrades. Federal Way City Core Location Blocks Away from I-5 at the S 320th Street Exit Next to Walmart and Top Foods Anchor Space Available

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

2000-2222 S 314th St - 1st Floor - Ste 2014

Size
1,623 SF
Term
Negotiable
Rental Rate
$29.31 CAD/SF/YR $2.44 CAD/SF/MO $47,577 CAD/YR $3,965 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
Now

Open retail space.

  • Lease rate does not include utilities, property expenses or building services

2000-2222 S 314th St - 1st Floor - Ste 2030

Size
10,205 SF
Term
Negotiable
Rental Rate
$29.31 CAD/SF/YR $2.44 CAD/SF/MO $299,153 CAD/YR $24,929 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
Now

Previous school space with 2-3 classrooms, open area, expanded restrooms and 5 offices. Potential for 1 grade-level loading door.

  • Lease rate does not include utilities, property expenses or building services

2000-2222 S 314th St - 1st Floor - Ste 2118

Size
1,609 SF
Term
Negotiable
Rental Rate
$29.31 CAD/SF/YR $2.44 CAD/SF/MO $47,167 CAD/YR $3,931 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
2026-02-01

Inline retail space - currently used as an eyebrow threading salon.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space

2000-2222 S 314th St - 1st Floor - Ste 2144

Size
8,956 SF
Term
Negotiable
Rental Rate
$29.31 CAD/SF/YR $2.44 CAD/SF/MO $262,539 CAD/YR $21,878 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
60 Days

Available within 30 days notice.

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS

Total Space Available 27,258 SF
Center Type Community Center
Parking 573 Spaces
Stores 25
Center Properties 1
Frontage
971’ on 20th Ave
  • 967’ on 23rd Ave
  • 952’ on 314th St
  • 964’ on 316th St
Gross Leasable Area 114,000 SF
Total Land Area 8.86 AC
Year Built 1987

ABOUT THE PROPERTY

Conveniently located blocks away from I-5, Highway 99, Federal Way Transit Center and The Commons. Great tenant mix: Gene Juarez, Cortiva Institute, CSL Plasma, AAA, Nail and Beauty Salons. NNNs don't include water/sewer, electric or trash. 3% leasing commission. Conveniently located blocks away from I-5, Highway 99, Federal Way Transit Center and The Commons. Great tenant mix: Gene Juarez, Cortiva Institute, CSL Plasma, AAA, Nail and Beauty Salons. NNNs don't include water/sewer, electric or trash. 3% leasing commission.

  • Pylon Sign
  • Signage

ATTACHMENTS

HillsidePlaza
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
MOD Pizza
Black Angus Steakhouse
Ivar's Seafood Bars
Azteca Mexican Restaurants
Five Guys
Red Robin
Ram
Red Lobster
Buffalo Wild Wings
  • Listing ID: 16014897

  • Date on Market: 2025-09-09

  • Last Updated:

  • Address: 2000-2122 S 314th St, Federal Way, WA 98003

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