Updated Sep 3, 2026
SOLDRetail
Barber Family Properties LLC Acquires Retail Asset In Federal Way For $7.7M
28810 Military Road South
$7,700,000
$298/SF
Building Size
25,766 SF
Asset Type
Retail
Closing
Sep 1, 2026
About this deal
AI
Barber Family Properties LLC purchased a retail asset located at 28810 Military Road South in Federal Way, WA. The acquisition involved a 25,766-square-foot single-tenant Safeway and was completed for a total sale price of $7,700,000, translating to $299 per square foot.
Summary of transaction details:
Federal Way Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit El Warner to view all their deals.
Browse Federal Way retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.06%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93