Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21102-21290 Washington 410 Bonney Lake, WA

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $38 SF/Yr ($4,750 /Mo)

    Retail space for lease in Bonney Lake 410 Plaza.

    Property size:
    1,500 SF
    Lot size:
    5.29 Acres

    Property Features for 21102-21290 Washington 410

    General Information

    Size
    1,500 SF
    Lot size
    5.29 Acres

    We can help!

    Listing Contact
    Heather Peterson
    Source: Moodyscre

    Listing Agent: Heather Peterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Bonney Lake Retail Space Available

    Bonney Lake 410 Plaza offers retail space for lease. The property is located on Washington State Route 410, situated between 214th Avenue East and South Prairie Road East. The plaza consists of four buildings with tenants such as Starbucks, BECU, Menchie's Frozen Yogurt, Sport Clips, Indigo Multicare, and HopsnDrops. One available space is approximately 1,500 square feet. The listed lease rate is $38 per square foot. Bonney Lake 410 Plaza is positioned as a neighborhood center within the Bonney Lake community.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.1865056
    Latitude
    47.1770457

    Nearby Similar for Lease

    • Contact for pricing
      77,000 SF

      Tehaleh Healthcare Build-to-Suit Opportunity

      Healthcare space for lease in master-planned Tehaleh community.
      19001 Cascadia Blvd E, Bonney Lake, WA 98352
      View Details
    • $3,500,000
      2,478 SF

      Highway 410 Professional Plaza

      Office/medical suites in Bonney Lake, high-traffic location.
      8412 Myers Rd E, Bonney Lake, WA 98391
      View Details
    • $25 SF/Yr
      16,750 SF

      Retail Space with Highway Exposure

      Retail space with prominent signage and highway access.
      21302 Hwy, Bonney Lake, WA
      View Details
    • $27 SF/Yr
      1,200 SF

      Retail Space in Bonney Lake

      Retail shop space with prominent highway visibility in Bonney Lake.
      9301 192Nd Ave E, Bonney Lake, WA 98391
      View Details
    • $36 SF/Yr
      1,566 SF

      Retail Space in Bonney Lake

      End-cap retail space in a high-traffic Bonney Lake location.
      9805-9807 214Th Ave E, Bonney Lake, WA 98391
      View Details
    • $20 SF/Yr
      1,639 SF

      Bonney Lake First Floor Office

      First floor office space with direct and lobby entries.
      21107-21291 Hwy 410 E, Bonney Lake, WA
      View Details
    • $32 SF/Yr
      4,508 SF

      Bonney Lake Retail Space Available

      Highly visible retail space on Highway 410 available for rent.
      20840-20870 Hwy 410 E, Bonney Lake, WA
      View Details
    • Contact for pricing
      6,080 SF

      Bonney Lake Retail Space Available

      Retail space available for lease in Bonney Lake, WA.
      22719-22911 Hwy 410 E, Bonney Lake, WA
      View Details
    • Contact for pricing
      5,160 SF

      Bonney Lake Retail Space Available

      Retail space available for lease in Bonney Lake, WA.
      9903 205Th Ave E, Bonney Lake, WA 98391
      View Details
    • $28 SF/Yr
      5,701 SF

      Bonney Lake Office Space Available

      5,701 SF office space for lease in Bonney Lake.
      18209 Sr 410, Bonney Lake, WA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in Bonney Lake 410 Plaza.
    Where is this shopping center located?
    The property is located at 21102-21290 Washington 410 Bonney Lake, WA.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - High square footage (nearly 40,000 sq ft); - Convenient location on SR 410; - Proximity to 214th Avenue East and South Prairie Road East
    (253) 863-6200
    Request Owner's contact information
    21102-21290 Washington 410 Bonney Lake, WA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21102-21290 Washington 410
    Bonney Lake, WA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21102-21290 Washington 410 Bonney Lake, WA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Heather Peterson
    (253) 863-6200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.