Property Details
1020 A Street SE
Auburn, WA 98002
$1,280,000
Active
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Property Overview
This asset offers investors and owner/users the rare combination of immediate cash flow, flexible occupancy, and meaningful value-add potential. The property is currently 60% occupied and generates a 7.00% in-place cap rate, providing stable income from the current tenants, creating a clear path to increased income through lease-up or direct owner occupancy. Attractive In-Place Yield – Offered at a compelling 7.00% going-in cap rate, providing immediate cash flow from established tenancy. Clear Value-Add Through Lease-Up – Currently 60% occupied, offering investors a clear path to increase income and value through lease-up of the remaining office suites. Owner-User Flexibility – Ideal for an owner-occupant seeking a professional office presence while offsetting occupancy costs through rental income from existing retail tenants. Flexible Use Potential – Second-floor office layout is well-suited for professional services, medical, or administrative users. Strong Traffic Exposure – Exceptional visibility to 25,000+ average daily vehicles, supporting retail tenant performance, enhancing signage presence, and increasing long-term leasing appeal. Excellent Regional Connectivity – Located just minutes from SR 167, providing access to SR 18, I-5, and I-405, supporting tenant accessibility, employee commuting, and long-term leasing demand.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
South Auburn
Listed
May 4, 2026
Structure Type
Retail
Parcel Number
3141600315
Financial Summary
Cap Rate
7.00%
Net Operating Income
$89,647
Building & Use
Building Sq Ft
7,150
Zoning
Commercial,Office,Retail
Possible Use
Commercial, Office, Retail
Lot Size
12,184 sqft
Year Built
1979
Exterior & Lot
Lot Size
0.28 sqft
Year Built
1979
Sewer
Sewer Connected
Community & Access
Directions
Use Apple/Google Maps
Location
City
Auburn
County
King
Coordinates
47.29823, -122.22853
Additional Information
Possession
Array
