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918 348th Ave S
Federal Way, WA 98003
Office Property For Sale
Investment Highlights
- Adjacent to Franciscan Hospital
- Convenient location in Federal Way Med District
- Excellent medical buildout
Executive Summary
Rare opportunity for a turnkey
clinic & admin office space
Medical clinic space & administrative office space
4,800 SF total
Both spaces currently leased by one Tenant until
February 28, 2026
Base rent is approximately $9,300/month
Clinic build-out includes reception area, business
office, 2 exam rooms, 2 restrooms, 1 procedure
room/sterilization area, 1 lab area, 1 recovery area,
1 staff lounge, 1 doctor office
clinic & admin office space
Medical clinic space & administrative office space
4,800 SF total
Both spaces currently leased by one Tenant until
February 28, 2026
Base rent is approximately $9,300/month
Clinic build-out includes reception area, business
office, 2 exam rooms, 2 restrooms, 1 procedure
room/sterilization area, 1 lab area, 1 recovery area,
1 staff lounge, 1 doctor office
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,800 SF
Building Class
B
Year Built
1999
Price
$3,260,089 CAD
Price Per SF
$679.19 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.08
Lot Size
1.46 AC
Zoning
OP
Parking
12 Spaces (2.5 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,311,092 CAD | |
| Land Assessment | $1,240,868 CAD | Total Assessment | $6,551,960 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,240,868 CAD
Improvements Assessment
$5,311,092 CAD
Total Assessment
$6,551,960 CAD
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