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1408 Lake Tapps Pky E 1,550 SF of Retail Space Available in Auburn, WA 98092
Highlights
- Grocery-anchored center featuring Haggen Northwest Fresh as the primary anchor.
- Excellent visibility and access along Lake Tapps Parkway E with over 19,488 vehicles per day.
- Ample surface parking and convenient ingress/egress for customers.
- Located in the affluent Lakeland Hills neighborhood with strong household incomes.
- Diverse tenant mix including McDonald’s, Orangetheory Fitness, and The Rock Wood Fired Pizza.
- Positioned near Lake Tapps and within minutes of Auburn and Puyallup valleys.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 550 | 1,550 SF | Negotiable | $78.90 CAD/SF/YR $6.57 CAD/SF/MO $122,293 CAD/YR $10,191 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 550
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1408 Lake Tapps Pky E, Auburn, WA 98092
- Tenant
- Description
- US Locations
- Reach
- Club Pilates
- Fitness
- 1,635
- International
- Nekter Juice Bar
- Drinks/Juices
- 272
- National
- Orangetheory Fitness
- Fitness
- 1,582
- International
- Pacific Cataract and Laser Institute
- Health Care and Social Assistance
- 1
- -
- The Rock Wood Fired Pizza
- Restaurant
- 10
- Regional
- Wells Fargo
- Bank
- 11,160
- International
| Tenant | Description | US Locations | Reach |
| Club Pilates | Fitness | 1,635 | International |
| Nekter Juice Bar | Drinks/Juices | 272 | National |
| Orangetheory Fitness | Fitness | 1,582 | International |
| Pacific Cataract and Laser Institute | Health Care and Social Assistance | 1 | - |
| The Rock Wood Fired Pizza | Restaurant | 10 | Regional |
| Wells Fargo | Bank | 11,160 | International |
Property Facts
| Total Space Available | 1,550 SF | Total Land Area | 1.19 AC |
| Property Type | Retail | Year Built | 2002 |
| Property Subtype | Storefront | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 11,882 SF |
| Total Space Available | 1,550 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 11,882 SF |
| Total Land Area | 1.19 AC |
| Year Built | 2002 |
| Parking Ratio | 10/1,000 SF |
About the Property
Lakeland Town Center an excellent grocery anchored shopping center located in the growing and affluent Lakeland Hills neighborhood. This captive market is near the popular Lake Tapps overlooking the Auburn and Puyallup valleys. Anchored by an above system average Haggen Fresh NW, Lakeland Town Center has great synergy with strong national and regional brands.
- Bus Line
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
1408 Lake Tapps Pky E
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