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Flex Space with Contractor Yard
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21 49th St NW, Auburn, WA 98002

NNN lease combines a paved and gravel yard with shop, office, and covered storage improvements.

Space Size2,466 SF
Lot Size1.28 Acres
Days on Market63

Property Features for 21 49th St NW

General Information

Standard status Active
Size 2,466 SF
Lot size 1.28 Acres
Property subtype INDUSTRIAL
Zoning M-1
Lease Type NNN

Space & Availability

Available Land 1.28 Acres
Available From 2027-01

Lease Terms

Lease Rate $14,000 /USD/MO
Monthly Rent $14,000

Additional Details

Office Build-Out 1,166 SF
Land Use contractor yard

Building Details

Buildings 2

Spaces For Lease

at 21 49th St NW
Functional Contractor Yard 3 Blocks From Hwy-167 Ramps in North Auburn $14,000/Mo
Size 2,466 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE
Property Highlights • 55,855 SF Total (1.28 Acres) • 1,300 SF Shop w/2 GL doors & additional covered storage • 1,166 SF Office • Mix of asphalt and gravel surface • Two points of ingress/egress • Room to expand hard surface to near full site utilization • Zoned M-1, City of Auburn • Available January 2027 (possibly sooner) • Sale Price: $3,072,000 ($55/SF land) • Lease Rate: $14,000/month, NNN *Containers and hoop-house are not part of sale or lease and will be removed when property is vacated by current user*
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Listing Agency: NWC-KV LLC
Listed By: Fletcher Farrar
Source: Moodyscre
Added: Aug 14 Changed: Oct 10 Last Checked: Oct 15 at 2:46AM

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 NWC-KV LLC

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Investment Insights

Based on property information with market context.

This flex property combines a 55,855-square-foot site with 1,300 square feet of shop area and a 1,166-square-foot office. The shop includes two grade-level doors and supplemental covered storage, while the yard features both asphalt and gravel surfaces. The layout supports outdoor storage and contractor-oriented operations, with additional room to increase the hard-surfaced area across the site.

Two separate access points serve the property. It is zoned M-1 by the City of Auburn and is offered under an NNN lease beginning January 2027, with possible earlier availability. Containers and the hoop-house will be removed when the current user vacates.

Key Highlights

  • 55,855 SF total site area on 1.28 Acres
  • 1,300 SF shop with 2 GL doors and additional covered storage
  • 1,166 SF office included

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Nail Salon Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98002, WA

38,474
Population
15,279
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
84%
High-School Grad
7.2 sq mi
ZIP Area
5,344
Density / Sq Mi
$77,714
Median Household Income
$44,616
Median Earnings
$1,613
Median Rent
$397,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Catering Crate — 4402 Auburn Way N, Auburn, WA 98002
  • Choice Catering — 4402 Auburn Way N, Auburn, WA 98002

Frequently Asked Questions

What type of property is this?
Flex space - NNN lease combines a paved and gravel yard with shop, office, and covered storage improvements.
Where is this flex space located?
The property is located at 21 49th St NW Auburn, WA.
What is the lease rate?
The lease rate is $14,000/Mo.
What are key features of this property?
This property features: 55,855 SF total site area on 1.28 Acres; 1,300 SF shop with 2 GL doors and additional covered storage; 1,166 SF office included
(206) 787-1469 Call to check price and availability
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