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Investment Highlights

  • Strong Historical Occupancy
  • High-Demand Suite Size
  • High Barrier to Entry Market
  • Diverse Tenant Mix
  • Exceptionally Located
  • Ample Parking

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
22,522 SF
Building Class
B
Year Built/Renovated
1979/1985
Price
$5,463,961 CAD
Price Per SF
$242.61 CAD
Cap Rate
7.12%
NOI
$389,034 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
22,522 SF
Building FAR
0.21
Lot Size
2.42 AC
Zoning
OP (Office Park)
Parking
117 Spaces (5.19 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

Si vous ressentez de la douleur et de la raideur à la suite d'un accident de voiture, d'une blessure au travail ou de toute autre chose, alors vous voulez absolument voir l'un des chiropraticiens les plus efficaces et amicaux de Federal Way. Le Dr Rob est l'un des meilleurs de sa profession avec des décennies d'expérience dans le domaine. AGLA Chiropractic accepte presque toutes les assurances et est idéalement situé au cœur de Federal Way, près de Kaiser Permanente, de l'hôpital Saint Francis, de l'I-5, de l'autoroute 18 et de la route Pacifique 99. N'attendez plus, venez et recommencez à vous sentir bien !

  • Apex Roofing
  • Construction
  • -
  • -
  • -
  • Daekyo America Fed Way
  • Finance and Insurance
  • -
  • -
  • -
  • Diagnostic Labs
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Educational Services
  • -
  • -
  • -

Eye Level est l'un des principaux fournisseurs de services d'éducation supplémentaire dont l'objectif est de faire de ses élèves des penseurs critiques et des apprenants tout au long de la vie. Offrir un programme individualisé à chaque élève a toujours été une valeur fondamentale de l'éducation Eye Level. Au fil des ans, Eye Level a nourri des millions d'étudiants dans le monde entier. Eye Level est maintenant disponible dans 20 pays et régions du monde, et ce nombre continue d'augmenter. Daekyo, la société mère d'Eye Level, est reconnue depuis longtemps comme l'un des principaux fournisseurs de services éducatifs et culturels.

  • Healthful Solutions Massa
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Lice Knowing You
  • Services
  • -
  • -
  • -
  • Life's Styles Barber Academy
  • -
  • -
  • -
  • -
  • Oci
  • Administrative and Support Services
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

RedSail Technologies est le chef de file en matière de logiciels et de services pharmaceutiques, desservant plus de huit millions de patients par mois dans 10 000 pharmacies. En fournissant des outils intégrés et une connectivité, RedSail permet aux pharmacies d'offrir des soins de qualité supérieure aux patients tout en renforçant leur rôle au sein de l'écosystème des soins de santé. Dans le cadre d'un réseau de pharmacies cliniquement avancé et financièrement viable, RedSail veille à ce que ses clients disposent des ressources nécessaires pour réussir, ce qui leur permet de se concentrer sur les soins aux patients et d'obtenir des résultats positifs.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -
Apex Roofing Construction - - -
Daekyo America Fed Way Finance and Insurance - - -
Diagnostic Labs Health Care and Social Assistance - - -
Educational Services - - -
Healthful Solutions Massa Health Care and Social Assistance - - -
Lice Knowing You Services - - -
Life's Styles Barber Academy - - - -
Oci Administrative and Support Services - - -
Professional, Scientific, and Technical Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 12/13 Forum I
  • 1,863 SF
  • Office
  • -
  • May 2026

Park-like setting; Abundant parking; Near several amenities and St. Francis Hospital; Easy access to I-5, SR-18 and SR-167

  • 1st Fl-Ste 5 Forum II
  • 732 SF
  • Office
  • -
  • Now

Park-like setting; Abundant parking; Near several amenities and St. Francis Hospital; Easy access to I-5, SR-18 and SR-167

  • 1st Fl-Ste Suite 6 - Forum I
  • 708 SF
  • Office
  • -
  • Now

Park-like setting; Abundant parking; Near several amenities and St. Francis Hospital; Easy access to I-5, SR-18 and SR-167

Space Size Space Use Build-Out Available
1st Fl-Ste 12/13 Forum I 1,863 SF Office - May 2026
1st Fl-Ste 5 Forum II 732 SF Office - Now
1st Fl-Ste Suite 6 - Forum I 708 SF Office - Now

1st Fl-Ste 12/13 Forum I

Size
1,863 SF
Space Use
Office
Build-Out
-
Available
May 2026

1st Fl-Ste 5 Forum II

Size
732 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste Suite 6 - Forum I

Size
708 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste 12/13 Forum I

Size 1,863 SF
Space Use Office
Build-Out -
Available May 2026

Park-like setting; Abundant parking; Near several amenities and St. Francis Hospital; Easy access to I-5, SR-18 and SR-167

1st Fl-Ste 5 Forum II

Size 732 SF
Space Use Office
Build-Out -
Available Now

Park-like setting; Abundant parking; Near several amenities and St. Francis Hospital; Easy access to I-5, SR-18 and SR-167

1st Fl-Ste Suite 6 - Forum I

Size 708 SF
Space Use Office
Build-Out -
Available Now

Park-like setting; Abundant parking; Near several amenities and St. Francis Hospital; Easy access to I-5, SR-18 and SR-167

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
926480-0140
Land Assessment
$2,050,641 CAD
Improvements Assessment
$3,211,458 CAD
Total Assessment
$5,262,099 CAD
  • Listing ID: 38507811

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 33710-33720 9th Ave S, Federal Way, WA 98003

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