N & 15 Stne Auburn, WA 98002
- Retail properties
- 172,203 SF
Current Use by Public Records
- Retail properties
Property Details for 0 N & 15 Stne
- Property size
- 172,203 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Auburn North, a vibrant retail center in King County, Washington, presents an exceptional investment opportunity. Located at the intersection of Auburn Way N. & 15th St. NE, this 172,203 square foot strip center offers multiple tenancy options, with spaces ranging from 1,170 to 21,875 contiguous square feet. Currently, 44,171 square feet are available for lease. The property boasts 603 parking spaces, ensuring ample convenience for customers and employees. This strategically located center benefits from its proximity to major retailers, including LA Fitness, Big 5 Sporting Goods, Office Depot, and Dollar Tree, creating a strong synergy and high foot traffic. A significant opportunity exists with Suite 13, a two-story, stand-alone pad building currently occupied by a bank featuring a drive-thru and excellent visibility on Auburn Way North. Plans are underway to redevelop this space into a multi-tenant building, further enhancing the center's appeal and potential. Auburn, a rapidly growing suburb of Seattle, is the 15th largest city in Washington state, known for its outdoor recreation opportunities and proximity to Mt. Rainier. The property's location is also within one mile of Emerald Downs racecourse, adding to its attractive location and accessibility. This is a rare chance to acquire a well-positioned retail property in a thriving market with significant upside potential. The minimum divisible space is 1,170 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- King
- State
- Washington
- Longitude
- -122.223
- Latitude
- 47.3198
