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521 Auburn Way S
Auburn, WA 98002 South Auburn

$3,435,000 USD

Restaurant For Sale  •  5,700 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,700 SF
  • Lot Size 1.32 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning Commercial
50 Transit Score
50 Walk Score

Highlights

Brand New 20-Year Absolute Net Lease
High-Performing Location | Top 14% in Washington State
Strong Franchisee Guarantee and Experienced Multi-Brand Operator
10% Rent Increases Every 5-Years
High-Traffic, Signalized Hard Corner Location with Direct Hwy-18 Access (88,000+ VPD)
Extensively Renovated in 2018 Reflecting Denny’s Modern Prototype Design

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Denny's 5,700 SF

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Seattle-Tacoma International 27 min - 14.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes
Trevor Lane 425-233-9522 Marcus & Millichap
Trevor Lane 425-233-9522 Marcus & Millichap