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Safeway - Federal Way, WA 28810 Military Rd S 25,766 SF Retail Building Federal Way, WA 98003 $10,564,820 CAD ($410.03 CAD/SF) 5.50% Cap Rate



Investment Highlights
- Long-Term Lease Term Through 2037
- Absolute Net (NNN) Lease Structure
- Strategic Neighborhood Location
- Exceptional Store Sales Performance Driving Asset Strength
- High Barrier-to-Entry Infill Location with Strong Traffic Exposure
- Strong Household Income
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
25,766 SF
Building Class
C
Year Built
1972
Price
$10,564,820 CAD
Price Per SF
$410.03 CAD
Cap Rate
5.50%
NOI
$580,990 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.21
Lot Size
2.80 AC
Zoning
BC, Federal Way
Parking
140 Spaces (5.43 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 042104-9110 | Improvements Assessment | $990,972 CAD |
| Land Assessment | $3,991,705 CAD | Total Assessment | $4,982,677 CAD |
Property Taxes
Parcel Number
042104-9110
Land Assessment
$3,991,705 CAD
Improvements Assessment
$990,972 CAD
Total Assessment
$4,982,677 CAD
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Safeway - Federal Way, WA | 28810 Military Rd S
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