9911 E Bonney Lake Blvd Bonney Lake, WA 98391
Les Schwab Tire Center in rapidly growing Bonney Lake, WA.
Building Details
- Year built
- 1999
Source:
Corcoran
Listing Agent: Sherry Schoen
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Les Schwab in Bonney Lake
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Location Insight
- Map
- Local Demand
- City
- Bonney Lake
- County
- Pierce
- State
- Washington
- Longitude
- -122.190992
- Latitude
- 47.1922
Nearby Similar for Sale
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 E Bonney Lake Blvd 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.