Industrial Properties in Federal Way, Washington, offer a unique opportunity for investors seeking to tap into the city's growing economy. With a population of over 100,000 residents, Federal Way is an attractive location for businesses and industries looking to establish a presence in the Seattle metropolitan area. Industrial Properties in Federal Way can represent a range of investments, from warehouses and manufacturing facilities to research and development centers. The city's strategic location, with access to Interstate 5 and State Route 99, makes it an ideal hub for logistics and distribution companies. Additionally, Federal Way's proximity to the Seattle-Tacoma International Airport and the Port of Tacoma provides easy access to global markets. The city's amenities, including the Federal Way Community Center, Town Square Park, and the Performing Arts & Event Center, also make it an attractive location for businesses seeking to attract and retain top talent. With its strong economy, convenient location, and high quality of life, Federal Way is an excellent choice for investors seeking to invest in Industrial Properties.
Federal Way is home to 2 Industrial Properties for sale, offering a range of options for investors. The average price per square foot is $300 USD, with an average size of 18,100 square feet. The largest property available is 24,300 square feet, providing ample space for businesses of all sizes. In addition to Industrial Properties, Federal Way also offers a range of other property types, including Warehouses, with their proximity to major transportation routes making them ideal for logistics and distribution companies. Land is also available for development, providing opportunities for businesses to build to suit their needs. Apartment Buildings are another option, offering a steady stream of income for investors. Finally, Commercial Real Estate is available, providing a range of options for businesses seeking to establish a presence in the city. With its strong economy and convenient location, Federal Way is an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Federal Way?
The average price per square foot for industrial properties in Federal Way is $300 USD per square foot, with an average size of 18,100 square feet and a largest size of 24,300 square feet, among the 2 available listings.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Federal Way, as proximity to major highways, public transportation, and amenities can increase property values and attract businesses.
- Industrial properties located near Interstate 5 (I-5) and State Route 99 (SR 99) in Federal Way, such as those with exits at 348th Street, 320th Street, and 272nd Street, tend to have higher values due to easy access to transportation corridors.
- The ongoing Federal Way Link Extension project, which will extend Sound Transit's Link light rail system to the Federal Way Transit Center, is expected to increase property values in the surrounding area, making it an attractive location for industrial properties.
- Additionally, industrial properties with proximity to amenities like the Federal Way Community Center, Town Square Park, and the Performing Arts & Event Center (PAEC) may also command higher values due to the convenience and quality of life they offer to employees and customers.
