Auburn, Washington, is a prime location for retail businesses, with a thriving economy and a strong presence of major employers such as the Boeing Plant and the United States General Services Administration. The city's retail space for lease offers a unique opportunity to tap into the local market, with a population of around 80,000 people. Auburn's infrastructure is well-developed, with major roads like State Route 167 and State Route 18, as well as a transit center and commuter train service to Downtown Seattle. The city is also home to various educational institutions, including Green River College, and offers a range of amenities, including the Auburn Medical Center, an extensive park system, and the Emerald Downs thoroughbred racetrack. With its rich history and cultural exchange programs with sister cities in Japan, South Korea, China, and Italy, Auburn provides a diverse and vibrant environment for businesses to thrive.
Auburn's retail space for lease offers a range of opportunities, with 16 listings available. The average annual rent per square foot is $27 USD, with a minimum of $15 USD and a maximum of 50,000 square feet. In addition to retail space, Auburn also offers a range of other property types, including restaurants, medical offices, and office space. The city's restaurants are well-positioned to cater to the local population, with a range of dining options available. Medical offices can take advantage of the city's healthcare infrastructure, including the Auburn Medical Center. Office space is also available, with a range of options to suit different business needs. Overall, Auburn provides a unique and attractive environment for businesses, with a range of opportunities available across different property types.
What is the average cost per square foot for retail space in Auburn?
The average cost per square foot for retail space in Auburn is $27 USD per square foot, with an average size of 5,105 square feet and a maximum space size of 50,000 square feet, among the 16 available listings of retail space in the area.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as the Outlet Collection Seattle, formerly known as the SuperMall of the Great Northwest, in Auburn, Washington, have a significant impact on surrounding retail space leases, as they attract a high volume of foot traffic and create a desirable location for smaller retailers, resulting in increased demand and potentially higher lease rates for nearby retail spaces, with 16 available listings, averaging $27 USD per square foot, and ranging in size from 5,105 square feet to 50,000 square feet.
