Les Schwab in Bonney
For Sale
$6,119,000
Pending
9911 214th Ave E, Bonney Lake, WA 98391
Les Schwab Tire Center in rapidly growing Bonney Lake, WA.
Property SizeContact for details
Days on Market508
Property Features for 9911 214th Ave E
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1999
Listing Agency:
KIDDER MATHEWS
Listed By:
SHERRY SCHOEN · License #DB35724
(208) 870-6933
Source:
Corcoran
Added: Apr 14, 2025
Changed: Jul 6
Last Checked: Jul 23 at 7:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KIDDER MATHEWS
Investment Insights
Based on property information with market context.
The property is a Les Schwab Tire Center located in Bonney Lake, Washington. The sale includes a corporate guaranteed, 20-year Absolute NNN lease with 10% rent escalations every 5 years. The property offers stable cash flow and a fixed return on a long-term lease. The tenant is creditworthy with a proven track record, and the lease is structured with no landlord responsibilities. This property is located in a rapidly growing community.
Key Highlights
- Corporate‑guaranteed, 20‑year Absolute NNN lease provides stable, long‑term cash flow.
- Enjoy increasing returns with 10% rent escalations every 5 years.
- Strong, creditworthy tenant (Les Schwab) with a proven track record.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
392k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 31%
Dining 26%
Shops & Services 25%
Home Improvements & Furnishings 9%
Fred Meyer
Groceries
63,722 visits/mo
0.3 miles
Safeway
Groceries
56,541 visits/mo
0.0 miles
The Home Depot
Home Improvements & Furnishings
34,967 visits/mo
0.3 miles
McDonald's
Dining
31,645 visits/mo
0.2 miles
Safeway Gas
Shops & Services
17,794 visits/mo
0.1 miles
Demographics for 98391, WA
56,427
Population
20,573
Households
2.7
Avg Household Size
38
Median Age
32%
College-Educated
95%
High-School Grad
38.4 sq mi
ZIP Area
1,469
Density / Sq Mi
$129,233
Median Household Income
$66,861
Median Earnings
$2,178
Median Rent
$578,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Costco Tire Center — 9801 204th Ave E, Bonney Lake, WA 98391
- Les Schwab Tire Center — 9911 214th Ave E, Bonney Lake, WA 98391
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- Valvoline Instant Oil Change — 20302 98th St E, Bonney Lake, WA 98391
- Midas — 20620 WA-410, Bonney Lake, WA 98391
Frequently Asked Questions
What type of property is this?
Auto shop - Les Schwab Tire Center in rapidly growing Bonney Lake, WA.
Where is this auto shop located?
The property is located at 9911 214th Ave E Bonney Lake, WA.
What is the asking price?
The asking price for this property is $6,119,000.
What are key features of this property?
This property features: Corporate‑guaranteed, 20‑year Absolute NNN lease provides stable, long‑term cash flow.; Enjoy increasing returns with 10% rent escalations every 5 years.; Strong, creditworthy tenant (Les Schwab) with a proven track record.
