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White River Junction | Auburn, WA

4 Retail Properties Offered at £10,625,671 in Auburn, WA

Investment Highlights

  • Safeway Grocery Shadow-Anchored Shopping Center: Dominant grocer driving daily traffic to the shopping center
  • Best in Class Co-Tenants Include McDonald’s, 7-Eleven, and Taco Bell; Ideal Tenant-Mix to Support the Shop Tenants
  • High-Traffic Location Off the Signalized Intersection of A Street Southeast and 41st Street Southeast (53,000+ Cars Per Day)
  • Safeway at White River Junction Is Not a Planned Divestiture Store in Potential Kroger/Safeway Merger 
  • 7.00% Actual Cap Rate @ 96% Occupancy | Long-Term Historical Tenants | 3.0% CAGR; 34% NOI Increase over 10 Years | Potential Break-Up Strategy
  • Dense, Affluent Trade Area; 157,000 Ppl with a $112,000 AHHI within a 5-Mile Radius | Seattle is the 12th-Largest MSA in the US with 3.5 Million Pop

Executive Summary

Shadow-Anchored to Safeway Shopping Center | 7.00% Actual Cap Rate | $112,000 AHHI

Property Facts

Price £10,625,671
Price / SF £243.59 / SF
Net Initial Yield 7%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 43,621 SF
Total Land Area 5.16 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4018 A St SE, Auburn, WA 98002 Retail 8,400 SF 1993 -
3930 A St SE, Auburn, WA 98002 Retail 10,259 SF 1993 -
3802 A St SE, Auburn, WA 98002 Retail 15,861 SF 1995 -
3734 A St SE, Auburn, WA 98002 Retail 9,101 SF 1995 -
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  • Listing ID: 32710559

  • Date on Market: 06/08/2024

  • Last Updated:

  • Address: White River Junction | Auburn, WA, Auburn, WA

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