Auburn, WA Property For Sale and Lease

2 Dock high doors, 1 grade level door, 3-phase power, 30’ clear height. Excellent office layout, sprinklered. excellent highway 167 frontage, class A image, excellent access and proximity to I-5, SR-18 and Hwy-167, built in 2000, contact brokers for rates.

Seller Financing Available

Owner-User Auto Building

Current Tenant on Month-to-Month Lease

Building Size:4,680 SF

Lot Size: 12,057 SF

Year Built: 1984

Zoning: C3

Price: $1,125,000 ($240/sf)

Ideal for manufacturing or light distribution.

Unit 6 is constructed from heavy steel I beans, welded and bolted in a reinforced concrete foundation and is a nested T-hangar w/16' Tail Clearance and is 40'6" wide(door opening is 39'4"). 12' Schweiss Electric Bi-fold doors all with man doors and straps that are in impeccable condition. Conveniently located near Seattle, Bellevue and Tacoma just off HWY 18 with quick access to I5 as well as 405, near lots of restaurants, shopping, lodging and golf courses. Spend less time driving and more time flying. Get anywhere you want to go with ease and convenience. Sleep peacefully on stormy nights knowing your aircraft is inside, dry and secure. Perform owner assisted annual inspections and owner maintenance in a secure environment.

1 secure office, lots of windows! Quick access to Hwy-18 and Hwy-167, Close to downtown Auburn. Within walking distance to area amenities. Ample free parking.

Newly Renovated Unit! Own an established 4plex near Brannan Park. Each unit offers 2 beds, 1.5 baths, ~940 sqft, private garage + 2 parking spaces. 1 unit boasts a modern renovation, move-in ready within the next few weeks. The other 3 units offer classic charm with update potential. Spacious yard with individual decks. Close to highways, shopping, schools, and parks. Ideal for owner-occupants and investors!

Built-out market/C-store 2,552 sf with coolers, shelving, 2 bathrooms, deli prep area. With first year rent at $19/sf/yr, LL will allow Tenant to take ownership of coolers and shelving at end of lease term.

Open 1,817 sf retail space with one bathroom also available.

Penny Lane Apartments offered for the first time since its construction. The property is located on the southwest corner of 8th St NE and F St Ne in Auburn, WA. The well-maintained asset consists of two 2 story buildings. One was a single family home that was remodeled into a duplex during the same period that the current ownership group built an adjacent triplex in 1989. Both buildings are comprised of asphalt shingle roofs which were replaced in 2007, beveled aluminum siding, and double pane vinyl windows.

The spacious unit mix consists of three 2BD/1BTH units, that are approximately 915 to 1,195 square feet, and two 2BD/1.5BTH townhomes that are approximately 1,170 and 1,240 square feet. The unit features include refrigerators, stove/range, dishwashers, disposals, electric baseboard heating patio/balconies, laminate countertops, vinyl and carpet flooring, washer/dryer hook ups, and attached single car garages along with some units having additional off street parking spaces.

A new owner will benefit from the multitude of options in increasing the income at Penny Lane based off their operational strategy. The property currently houses several long-term tenants that over time have received small rental increases which have not kept up with the rapid increasing market rents in the area. This presents an opportunity to simply raise rents to market, without performing any interior renovations, that could later be done on unit turn overs as they would arise. Even though the interior finishes of Penny Lane are of quality, they are mostly dated in age. Another investment strategy could include a more aggressive rent increase program that would encourage vacancies at a higher rate for the chance to perform interior unit renovations at a faster scale. Once all renovations are completed and a utility bill-back system is in place, a new investor will be able to increase the Gross Potential Income of the property an estimated 63% above current levels reaching strong cash-on-cash returns, as well as significant equity growth.

OVERALL SITE DETAILS:

• 22,175 SF between 2 buildings

• 2.04 acres (25% site coverage)

• Fully fenced with automated gate

• Sprinklered

• M-2 Heavy industrial zoning

MAIN BUILDING:

• 15,995 SF

• 2,205 SF office

• 8 GL doors & 1 DH door

• 14’-18’ clear height

SHOP:

• 6,180 SF

• Small office and restroom

• 4 GL doors

• Building can be removed to allow for more yard space

Welcome to your dream opportunity in Downtown Auburn. This property, with its inviting street frontage and ample parking, is a canvas waiting for your vision. Recently serving as an intimate restaurant with patio seating, this space also has a history as professional offices, showcasing its versatility. The original charm of wood trim, hardwood floors, built-ins, and beams will captivate you, providing a unique character to the space. Upstairs, discover rooms that can be used as office spaces or bedrooms, that have two bathrooms for added convenience. Whether you're envisioning a trendy restaurant or creative offices, this property is ready for your ideas to shape its future. Don't miss the chance to make this Downtown gem yours.

63,118 SF (5,248 SF Mezz)

5,040 SF Office

6.53 Acre Site

Zoning: M1 (Light Industrial)

13 GL

19’ - 23’ Clear Height

Heavy Power

Low site coverage ratio

Fenced and secure yard area

Screened from street frontage

• Rare -.44 acre Purchase or Lease opportunity on Auburn Way S

• Located at a four way intersection on Auburn Way South

33,000 Vehicles per day

• Pad offers two entrances and strong frontage on Auburn Way S

• Directly across the street from new Multi Care Site

• Zoned C-1 Light Commercial

New concrete tilt-up construction, 24' clear height. Immediate access to Hwy-167 and Hwy-18. Contact broker for more details and rates.

One (1) conference room and a large open office area.

Seven (7) private offices, three (3) conference rooms and an open office area.

We are pleased to present the opportunity to acquire the Red Robin in Auburn, WA located as an outparcel to the Outlet Collection Seattle Mall. The property benefits from its strategic location at the intersection of Highways 167 and 18, which serves as a significant draw for both local and regional traffic.

Red Robin has occupied the property since 2003 and recently renewed for an additional 10 years of firm term at this location, underlining the restaurant's strong performance and commitment to this site. The establishment consistently generates robust sales, making it an attractive and reliable investment.

This property offers a unique opportunity to invest in a high-performing, long-term leased asset in a desirable Washington State location.

Easy access to Hwy 167 across from Emerald Downs

Property:

12,000 SF retail building on 2.78 AC just off Hwy-167 in Auburn! This quality building features metal roofing, upgraded LED interior & exterior lighting, sprinkler system, 3-phase 200 amp (8 separate electric panels), high bay doors, vent system for machining, multiple zoned HVAC, offices w/classy window fronts, training room & conference rooms, professional restrooms for the public, & loaded w/ added features.

The property consists of two parcels, is fully fenced with electric entry gates, new asphalt parking lot, and state-of-the-art signage with direct HWY 18 exposure (over 86,300 CPD).

Location:

Located in the city of Auburn, C-3 Heavy Commercial Zone. The intent of C-3 is to allow for medium to high-intensity uses consisting of a wide range of retail, commercial, entertainment, offices, services, & professional uses.

Excellent visibility from Highway 167 which averages approximately 86,300 CPD as well as W Valley Hwy, which gets around 14,000 CPD. Easy access to both Hwy-167 & Hwy-18, which links up to I-5, and only minutes from The Outlet Collection.

Tax iD #: 3522049021; 3522049049

Sublease available August 1, 2024, current lease set to expire 12/31/2028.

50,400 RSF

4,000 SF - 2 story office

20' Clear Height

6 dock high doors & 5 oversized grade level doors (10' x 14')

64 parking stalls

Fenced yard

Call brokers for rates

NNN charges $.18 per square foot per month

Heavy Power

• Office Size: 5,216 RSF

• SubLease Rate: Call broker

• Sublease Available Through 11/2023

• Lease Type: Modified Gross

• Available: Now

• Multiple private offices, conference room, kitchenette, in-suite restrooms

• Recently updated with fresh paint and new carpeting

• 5,216 RSF office on two floors

There are two spaces available in this Mixed Use complex. 1,255 - 1,598 SF available could be used for Retail or Office use. Easy access to SR- 167 & SR-18. Walking distance to many amenities. Near Emerald Downs, LA Fitness, and so much more!

AUBURN, WA is centrally located between Seattle and Tacoma in the heart of the Green River Valley under the shadow of Mt. Rainier. This is the center of the largest industrial complex in the northwest, with two rail roads and the close proximity to the Seattle and Tacoma ports. Auburn is proud of their vibrant and sustainable business environment with continued job expansion and above average retail growth.