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Mountain View Marketplace 9801 204th Ave E 9,635 SF 100% Leased Retail Building Bonney Lake, WA 98391 $13,315,826 CAD ($1,382.03 CAD/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Shadow anchored next to Costco and prominently featured on SR 410, the main thoroughfare in Bonney Lake that receives over 29,000 VPD
  • Adjacent to popular national retailers such as Chick-fil-A, Chipotle, Mod Pizza, Crumbl Cookies, and Habit Burger
  • All tenants feature NNN leases that insulate ownership from operating expense inflation and provide minimal landlord responsibilities
  • High-quality construction completed in 2025 provides a turn-key, generational investment opportunity
  • Panera Bread is operated by the Flynn Group, the 2nd largest Panera Bread franchisee in the world with over 145+ locations in 9 states
  • The 4 tenants offer essential services to the local community and are highly resistant to being replaced by e-commerce

EXECUTIVE SUMMARY

Kidder Mathews is pleased to present Mountain View Marketplace, a new construction multi-tenant neighborhood shopping center located in rapidly growing Bonney Lake, WA, the 5th largest city in Pierce County.
This opportunity features extremely strong real estate fundamentals, shadow anchored by Costco and adjacent to popular national retailers such as Chick-fil-A and Chipotle.
Mountain View Marketplace is anchored by Panera Bread, operated by the 2nd largest franchisee in the world, and Aspen Dental who has over 1,100 locations in the United States. All 4 tenants feature NNN leases, providing a secure income stream with minimal landlord responsibilities.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,635 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$13,315,826 CAD
Price Per SF
$1,382.03 CAD
Cap Rate
5.50%
NOI
$732,370 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.25 AC
Parking
56 Spaces (5.81 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

Chez Aspen Dental, ils se consacrent à fournir à un plus grand nombre de personnes les soins dentaires dont elles ont besoin, au moment où elles en ont besoin. Depuis 1998, ils ont une mission à Aspen Dental : s'assurer qu'un plus grand nombre d'Américains aient accès à des soins dentaires de qualité.

  • Kally Threading
  • Services
  • -
  • -
  • -
  • Panera Bread
  • Accommodation and Food Services
  • -
  • -
  • -
  • Information
  • -
  • -
  • -

XFINITY de Comcast fournit des services de télévision, d'Internet haute vitesse, de téléphone et de sécurité à domicile qui fonctionnent parfaitement ensemble, à tout moment, n'importe où et sur n'importe quel appareil. Du Wi-Fi domestique le plus rapide et le plus fiable à leur expérience de télévision X1 avancée, ils créent des expériences impressionnantes que les gens adorent.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -
Kally Threading Services - - -
Panera Bread Accommodation and Food Services - - -
Information - - -

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
051903-6062
Land Assessment
$2,395,058 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,395,058 CAD
  • Listing ID: 39084729

  • Date on Market: 2026-01-14

  • Last Updated:

  • Address: 9801 204th Ave E, Bonney Lake, WA 98391

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