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    1101 Outlet Collection Way Auburn, WA 98001

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available.

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents a new, single-story, multi-tenant retail building totaling 12,000 square feet, situated on a 2-acre lot (87,120 sq ft) at the highly sought-after Outlet Collection in Auburn, Washington (98001). The property boasts a prime location at 1101 Outlet Collection Way, conveniently accessible from Highway 18 and Highway 167. The building features six suites, with a minimum divisible space of 1,100 square feet and the potential to lease the entire 12,000 square feet contiguously. This development benefits from exceptional visibility and high foot traffic, driven by the adjacent Outlet Collection Seattle (5 million annual visits in 2019), a Walmart Supercenter (2.2 million visits in 2019), a Regal Cinema (750,000 visits in 2019), and the recently opened Fieldhouse USA (projected 1.6 million annual visits). The site's proven success as a restaurant location is further evidenced by the proximity of high-performing establishments such as Panda Express and Red Robin. This development offers an unparalleled opportunity for businesses seeking exposure in a thriving retail environment with significant existing traffic and high consumer density within King County. The property is ideally suited for a variety of retail and restaurant concepts. Space sizes are approximate and can be combined to accommodate specific tenant needs.

    Property Features for 1101 Outlet Collection Way

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    87,120 SF

    HighLights

    • New 12,000 SF single‑story retail building on a 2‑acre lot in Auburn, WA's Outlet Collection.
    • Six suites available, minimum 1,100 SF each, with the option to lease the entire building.
    • High visibility and traffic counts due to proximity to major retailers (Outlet Collection Seattle, Walmart, Regal Cinema, Fieldhouse USA).
    • Strong demographics: Average household incomes within 10 miles exceed $87,810, with substantial populations and employee counts nearby.
    • High daily traffic counts exceeding 30,000 vehicles at nearby intersections.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    King
    State
    Washington
    Longitude
    -122.24188734484
    Latitude
    47.29881563288

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space available.
    Where is this restaurant located?
    The property is located at 1101 Outlet Collection Way Auburn, WA.
    What are key features of this property?
    This property features: New 12,000 SF single-story retail building on a 2-acre lot in Auburn, WA's Outlet Collection.; Six suites available, minimum 1,100 SF each, with the option to lease the entire building.; High visibility and traffic counts due to proximity to major retailers (Outlet Collection Seattle, Walmart, Regal Cinema, Fieldhouse USA).
    Request Owner's contact information
    1101 Outlet Collection Way Auburn, WA 98001
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    Auburn, WA 98001
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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
    1101 Outlet Collection Way Auburn, WA 98001
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