Seattle · Commercial sale

Barber Family Properties buys 28810 Military Rd S in Federal Way for $7.72 million

A grocery store at 28810 Military Rd S, Federal Way sold for $7,720,000 on July 29, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 28810 Military Rd S, Federal Way with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: King County Assessor. The photo can predate the sale.
Sale price
$7,720,000
Sold
July 29, 2026
Property type
Grocery store
Lot size
121,968 sq ft

A grocery store at 28810 Military Rd S in Federal Way sold for $7,720,000, 99% above its recorded market value of $3,883,600. The sale price is listed in the King County Department of Assessments' sales records; the market value is from the Assessor's records.

The sale closed on July 29, 2026, according to the King County Department of Assessments' sales records.

The Assessor's records show the property is on a 2.8-acre lot. The deed lists LSD Enterprises LLC as the seller and Barber Family Properties LLC as the buyer.

What this sale costs to close

What does closing cost at this price? Under King County custom the seller's larger charges are $200,675 for the state real estate excise tax (graduated) and $38,600 for the local real estate excise tax (0.50%). The seller's estimated net is $7,423,992 before brokerage commissions and any loan payoff. A cash buyer would need about $7,681,030 at closing.

Run this net sheet with your numbers (free)

28810 Military Rd S, Federal Way, WA.

Source: King County Department of Assessments, real property sales, document 3389243. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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