White River Junction | Auburn, WA Retail FOR SALE


Auburn, WA
$13,580,000 USD
949-244-9335
, Auburn, WA for Sale
$13,580,000 USD
Retail - FOR SALE
1/6
null | 7% Cap Rate

White River Junction | Auburn, WA
Auburn, WA


HIGHLIGHTS

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

OVERVIEW

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

ASK ABOUT THIS PROPERTY

Sean CoxHanley Investment GroupMore Info
949-244-9335

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Sean CoxHanley Investment GroupMore Info
949-244-9335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.