Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3415 Auburn Way S Auburn, WA 98092

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $17 SF/Yr ($2,574 /Mo)

    Open retail space available for rent in Auburn, Washington.

    Property size:
    1,817 SF
    Lot size:
    0.68 Acres

    Property Features for 3415 Auburn Way S

    General Information

    Size
    1,817 SF
    Lot size
    0.68 Acres

    We can help!

    Listing Contact
    Simranjit Kaur
    Source: Moodyscre

    Listing Agent: Simranjit Kaur

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Auburn Retail Space Available

    An open retail space encompassing 1,817 square feet is available for rent. The space includes one bathroom.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Excellent Dental Care ... Dentist Dr. Audrey Nguyen Dentist Dr. Thai Nguyen Dentist REHOBOTH MISSIONAL CHURCH Church KHAN GROCERY AND DELI Grocery Store

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    King
    State
    Washington
    Longitude
    -122.1832785
    Latitude
    47.2879149

    Nearby Similar for Lease

    • Contact for pricing
      42,516 SF

      Auburn Industrial Complex For Rent

      Industrial complex featuring warehouses, offices, and storage spaces.
      2702 West Valley Hwy North, Auburn, WA 98001
      View Details
    • Contact for pricing

      Auburn Versatile Leasing Opportunity

      Prime Auburn property suitable for industrial, manufacturing, or distribution.
      2002 W Valley Hwy N, Auburn, WA 98001
      View Details
    • Contact for pricing
      172,203 SF

      Auburn North Retail Center

      Prime Auburn location, multiple spaces available
      0 N & 15 Stne, Auburn, WA 98002
      View Details
    • $15 SF/Yr
      1,598 SF

      Auburn Retail/Office Space Available

      1,598 SF retail or office space for lease.
      1200-1221 A St NE, Auburn, WA 98002
      View Details
    • $28 SF/Yr
      1,554 SF

      Retail Space Near Auburn Station

      Retail space available near Auburn Station with high ceilings.
      109 S Division St, Auburn, WA 98001
      View Details
    • Contact for pricing
      12,000 SF

      Auburn Outlet Retail Pad

      High-traffic retail space available.
      1101 Outlet Collection Way, Auburn, WA 98001
      View Details
    • Contact for pricing
      26,516 SF

      Prime Auburn Retail Space Available

      Five Suites, 26,516 SF Total
      NE 301St St, Auburn, WA 20001
      View Details
    • Contact for pricing
      76,728 SF

      Auburn Warehouse/Distribution Facility Sublease

      Warehouse/distribution facility with office space available for sublease in Auburn.
      3500 W Valley Hwy N, Auburn, WA 98001
      View Details
    • Contact for pricing
      55,466 SF

      Auburn Industrial Space Available

      5,000 SF Warehouse/Manufacturing Space
      4210 B St, Auburn, WA 98001
      View Details
    • Contact for pricing
      105,208 SF

      Auburn Warehouse with Highway Frontage

      105,208 SF warehouse with excellent West Valley Highway frontage.
      6610-6638 S 287Th St, Auburn, WA 98001
      View Details
    • $1.74 SF/Yr
      2,000 SF

      Auburn Showroom/Warehouse with Roll-Up Doors

      2000 SF showroom/warehouse with easy highway access.
      4114 B Pl NW, Auburn, WA 98001
      View Details
    • Contact for pricing
      43,399 SF

      Auburn Executive Office Suites

      Class A Office Space Available Now
      121 Division St, Auburn, WA 98001
      View Details

    FAQs

    What type of property is this?
    Retail space - Open retail space available for rent in Auburn, Washington.
    Where is this retail space located?
    The property is located at 3415 Auburn Way S Auburn, WA.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - 1,817 sf retail space available; - Open retail space; - One bathroom
    (253) 840-5574
    Request Owner's contact information
    3415 Auburn Way S Auburn, WA 98092
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3415 Auburn Way S
    Auburn, WA 98092
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3415 Auburn Way S Auburn, WA 98092
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Simranjit Kaur
    (253) 840-5574
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.