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Two-Building Office Campus
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2707 I Street NE, Auburn, WA 98002

Three Washington State agencies occupy the fully leased campus under modified gross leases.

Property Size29,419 SF
Lot Size2.32 Acres
Price / SF$218.23
Days on Market5

Property Features for 2707 I Street NE

General Information

Standard status Active
Size 29,419 SF
Lot size 2.32 Acres
Property subtype OFFICE
Occupancy 100%

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Kidder Mathews
Listed By: David Gellner · License #112893
Source: Moodyscre
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 12 at 4:46PM

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

Investment Insights

Based on property information with market context.

The Auburn office campus comprises two buildings totaling 29,419 square feet on 2.32 acres. Washington State Department of Social and Health Services, Employment Security Department, and Department of Corrections occupy the property. The campus is fully leased, with each agency having renewed its lease for five years. Leases are structured on a modified gross basis, and an on-site cell tower provides an additional income source.

At 2707 I Street NE in Auburn, the property is situated in South King County, with access to major transportation corridors and nearby employment centers.

Key Highlights

  • Two office buildings totaling 29,419 square feet
  • 2.32‑acre site in Auburn, Washington
  • Fully leased to three Washington State agencies

Property Analytics

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Current Use

WorkSource Auburn Business Service Center Department of Corrections Community ... Probation Office Employment Security Department City Employment Department

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Catering Service Skin Care Clinic Tech Support Center

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three Washington State agencies occupy the fully leased campus under modified gross leases.
Where is this office building located?
The property is located at 2707 I 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 totaling 29,419 square feet; 2.32‑acre site in Auburn, Washington; Fully leased to three Washington State agencies
(206) 747-4338 Call to check price and availability
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