Two-Building Office
2705-2707 I Street & 810 28th Street NE, Auburn, WA 98002
For Sale
Contact for pricing
Three state agencies occupy the property on renewed five-year leases, with rental payments made by the State of Washington.
Property SizeContact for details
Days on Market34
Property Features for 2705-2707 I Street & 810 28th Street NE
General Information
Standard status
Property subtype
Occupancy
Additional Details
Tenant in Place
Property Use
Building Details
Buildings
Tenancy
Owner Occupied
Listing Agency:
Kidder Mathews Seattle
Listed By:
David Gellner · License WA #112893
(206) 747-4338
Source:
Crexi
Added: Oct 8
Changed: Nov 8
Last Checked: Nov 10 at 5:35AM
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 Kidder Mathews Seattle
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Auburn office property comprises two buildings and is fully occupied by three Washington State agencies: the Department of Social and Health Services, the Employment Security Department, and the Department of Corrections. Each agency has renewed its lease for a five-year term.
The State of Washington pays the rent and carries an AAA rating from Moody’s. The agency tenancy and state-backed rent payments are the defining features of the property.
The State of Washington pays the rent and carries an AAA rating from Moody’s. The agency tenancy and state-backed rent payments are the defining features of the property.
Key Highlights
- Two office buildings in Auburn, Washington
- Fully leased to three Washington State agencies
- All three tenants renewed their leases for 5 years
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
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
$397,700
Median Home Value
Market
Average Price Trend$/SF for Office buildings in King County, WA
Properties on Market for Office buildings in King County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Three state agencies occupy the property on renewed five-year leases, with rental payments made by the State of Washington.
Where is this office building located?
The property is located at 2705-2707 I Street & 810 28th Street NE Auburn, WA.
What is the asking price?
The asking price for this property is $6,420,000.
What are key features of this property?
This property features: Two office buildings in Auburn, Washington; Fully leased to three Washington State agencies; All three tenants renewed their leases for 5 years
