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20416 98th St E 2,313 SF Retail Building Bonney Lake, WA 98391 $4,648,527 CAD ($2,009.74 CAD/SF) 4.66% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Locatedin Mountainview Marketplace in Bonney Lake, WA
  • 9 plus years remaining with 3/5 year option.
  • Absolute NNN corporate ground lease. No Landlord resposibility.

EXECUTIVE SUMMARY

Absolute NNN corporate ground lease.
9 plus remaining on initial lease term with 3/5 year option.
10% rent increase every 5 year including option period.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,313 SF
Building Class
C
Year Built
2020
Price
$4,648,527 CAD
Price Per SF
$2,009.74 CAD
Cap Rate
4.66%
NOI
$216,469 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.90 AC

NEARBY MAJOR RETAILERS

Club Pilates
9Round
Bigfoot Java
Denny's
Starbucks
Fred Meyer
U.S. Bank
Chase Bank
BECU
Columbia Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
051903-6061
Land Assessment
$1,863,574 CAD
Improvements Assessment
$1,224,713 CAD
Total Assessment
$3,088,287 CAD
  • Listing ID: 39066939

  • Date on Market: 2026-01-13

  • Last Updated:

  • Address: 20416 98th St E, Bonney Lake, WA 98391

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