Les Schwab in Bonney
9911 214th Ave E Bonney Lake Bonney Lake, WA 98391
9911 214th Ave E Bonney Lake, Bonney Lake, WA, 98391
$6,119,000
Pending
For Sale
$6,119,000
Pending
Les Schwab Tire Center in rapidly growing Bonney Lake, WA.
Days on Market463
Property Features for 9911 214th Ave E Bonney Lake
General Information
- Standard status
- Pending
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing Agency
KIDDER MATHEWS
Listed by
SHERRY SCHOEN
Source
Corcoran
Added: Apr 14, 2025 Checked: Jul 19 at 4:50 am
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
Location Intelligence
Current Use by Public Records
Auto shops
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FAQs
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 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.
