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    19240 Aurora Ave Shoreline, WA 98133

    Sponsored
    For Lease
    $100 SF/Yr

    Prime Shoreline Retail Space Available

    Lot size:
    638,324 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity encompasses a 638,324 square foot, multi-tenant retail center built in 2010. The property consists of five buildings, each six stories high, situated on a 5.84-acre lot in King County, Washington. The property's prime location offers unparalleled visibility and accessibility, situated at a four-way signalized intersection on Highway 99. This strategic location provides convenient access to public transportation, including the RapidRide E Line and the Interurban Trail, and is within close proximity to the Shoreline North/185th Link Light Rail Station (1.5 miles). The surrounding area boasts a vibrant mix of residential and commercial establishments, including major retailers such as Costco, Home Depot, and Starbucks, ensuring high foot traffic and strong consumer base. One immediately available space, totaling 1,192 square feet, is currently available. This turnkey endcap space features a built-out kitchenette, a private restroom, an open floor plan, and three reserved parking stalls in the surface lot. The property's APN numbers are 1134700020, 2228000000, and 1134700040. This presents a unique opportunity to acquire a well-established retail property in a thriving, high-growth area. The property's proximity to the 289-unit Echo Lake Apartments, a Class A multi-family development, further enhances its desirability and potential for sustained success.

    Property Features for 19240 Aurora Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    638,324 SF
    Total Rate
    5319366.67

    Building Details

    Year Built
    2010
    Buildings
    5
    Stories
    6

    Unit(s) available at that property

    Space
    Suite B
    Size
    1,192 SF
    Rate per SF
    $100

    HighLights

    • Retail property totaling 638,324 square feet on 5.84 acres in King County.
    • Five buildings, six stories each, built in 2010.
    • Multiple tenancies available, including one 1,192 square foot space.
    • Property features high visibility at a signalized intersection with access to public transit and nearby amenities.
    • APN: 1134700020, 2228000000, 1134700040.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Shoreline
    County
    King
    State
    Washington
    Longitude
    -122.34579442939
    Latitude
    47.767875990211

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    FAQs

    What type of property is this?
    Retail property - Prime Shoreline Retail Space Available
    Where is this retail property located?
    The property is located at 19240 Aurora Ave Shoreline, WA.
    What is the lease rate?
    The lease rate is $100 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 638,324 square feet on 5.84 acres in King County.; Five buildings, six stories each, built in 2010.; Multiple tenancies available, including one 1,192 square foot space.
    Request Owner's contact information
    19240 Aurora Ave Shoreline, WA 98133
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    Realmo Value Estimation

    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.

    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.

    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
    19240 Aurora Ave Shoreline, WA 98133
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