Corner Retail Investment
2 Auburn Way N Auburn, WA 98002
For Sale
Contact for pricing
Fully leased corner retail building with month-to-month leases and recent heat pump and facade upgrades.
Property Size10,900 SF
Price / SF$151.38
Days on Market206
Property Features for 2 Auburn Way N
General Information
Standard status
Active
Size
10,900 SF
Property subtype
RETAIL
Listing Agency:
NAI Puget Sound Properties
(425) 586-5608
Listed By:
Kyle Sterling
(425) 586-5608
Source:
Moodyscre
Added: Jan 5
Changed: Jul 28
Last Checked: Jul 29 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Puget Sound Properties
Investment Insights
Based on property information with market context.
This for-sale corner retail investment building totals 10,900 square feet and is fully leased. The property features small, easy-to-lease units and is supported by month-to-month leases, creating flexibility for a user-buyer while maintaining steady rental income. The current cap rate is listed at 7.5%.
Located on the corner of Auburn Way and Main Street at 2 Auburn Way N in Auburn, WA, the building has undergone recent capital improvements, including four new heat pumps and facade upgrades. The combination of a leased operating profile, flexible lease terms, and updated mechanical and exterior improvements makes this a turnkey option for either an investor or an owner-user.
Located on the corner of Auburn Way and Main Street at 2 Auburn Way N in Auburn, WA, the building has undergone recent capital improvements, including four new heat pumps and facade upgrades. The combination of a leased operating profile, flexible lease terms, and updated mechanical and exterior improvements makes this a turnkey option for either an investor or an owner-user.
Key Highlights
- Fully leased corner retail building with 7.5% current cap rate
- Month‑to‑month leases offer flexibility for an owner‑user buyer
- Small, easy‑to‑lease units with below‑market rents
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Fully leased corner retail building with month-to-month leases and recent heat pump and facade upgrades.
Where is this retail space located?
The property is located at 2 Auburn Way N Auburn, WA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Fully leased corner retail building with 7.5% current cap rate; Month‑to‑month leases offer flexibility for an owner‑user buyer; Small, easy‑to‑lease units with below‑market rents
