37405 Pacific Highway S · Federal Way, WA 98003
Source: NWMLS · City Closers Real Estate · Kelsey Diller #NWM2513240
About this home
Rare ±8-acre land opportunity on Pacific Hwy S in Federal Way. Investment Opportunity with a Single Tenant, 5-Year, Triple Net Lease in place, 6% Cap Rate. Strong visibility, regional access, and a sizable site footprint position this property for both current income and long-term value creation. Large sites in this corridor are increasingly difficult to find. Reach out for additional information and to discuss potential fit. Don't miss the OM here; https://vimeo.com/1187227711?fl=pl&fe=sh
Location
Basics
- Property type
- Land
- Style
- Res-Over 1 Acre
- Lot size
- 348,480 sq ft (8 acres)
- County
- King
- MLS #
- NWM2513240
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Lot features
- Corner Lot, Paved
- Topography
- Level,Sloped
- View
- Territorial
- Waterfront
- No
Utilities
- Water
- Available, On Property
- Sewer
- In Street
- Utilities
- Electricity Connected, Septic Design Installed
Community & fees
- Subdivision
- S Federal Way
Transaction
- Listed on
- May 7, 2026
- Days on market
- 46
- Listing terms
- Cash, Conventional
- Possession
- Subject To Tenant Rights
More homes nearby
Schools
School district: Federal Way
- Elementary
- Enterprise Elem
- Middle
- Illahee Jnr High
- High
- Todd Beamer High SchoolSchoolDigger 1 star · Top 87% in WA
Listing provided courtesy of: City Closers Real Estate
Listing agent: Kelsey Diller.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-10.