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Property profile & analytics
FOR LEASE
Retail space

109 S Division St Auburn, WA 98001

Property ID
US90-0454925
Property summary
AI-generated overview

This exceptional Class A retail space, located at 109 S Division St in Auburn, WA 98001, offers 2,026 square feet of vacant space in a vibrant, high-traffic area. Situated in a new multi-family development directly adjacent to Auburn Station, this corner unit boasts massive windows providing abundant natural light and excellent visibility. The space is currently a warm shell, and the landlord is offering a generous tenant improvement (TI) allowance to qualified tenants. With 18-foot ceilings and immediate access to Hwy-18 on/off ramps, this property benefits from a daily commuter traffic of nearly 1,000 people from Auburn Station alone. The surrounding area includes over 1,000 apartment units and a walking-radius population exceeding 40,000. Ideal for various retail uses, including cafes, restaurants, convenience stores, salons, or breweries. A hood shaft is available in a 1,554 sq ft unit. The property is zoned DUC and located in King County's Auburn submarket. This is a truly remarkable opportunity to establish a thriving business in a high-growth area.

Property profile
Verified
Property type Retail space
UPID US90-0454925
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Verge Townhouse Complex Apartment Complex
  • Naivas Staffing Agency Employment Agency
  • Blink Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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