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Bonney Lake NNN Ground Lease
For Sale
Contact for pricing
Pending

20416 98th St E, Bonney Lake, WA 98391

Corporate leased Chipotle in Mountain View Marketplace, Bonney Lake.

Property Size2,313 SF
Days on Market211

Property Features for 20416 98th St E

General Information

Standard status Pending
Size 2,313 SF
Class B
Total Parking Spaces 38
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease

Building Details

Year Built 2020
Stories 1
Tenancy Single
Listing Agency: Best1Realty
Listed By: chang ahn · License #NV
Source: Crexi
Added: Jan 13 Changed: Aug 8 Last Checked: Jul 24 at 9:21AM

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 Best1Realty

Investment Insights

Based on property information with market context.

This property features a Chipotle Mexican Grill corporate leased absolute NNN ground lease. It is located in Mountain View Marketplace in Bonney Lake, Washington, and is anchored by Costco. Neighboring tenants include Chick-Fil-A, Panera Bread, and Habit Burger. The property size is 2313 square feet and is for sale.

Key Highlights

  • Corporate leased absolute NNN ground lease to Chipotle Mexican Grill.
  • Located in Mountain View Marketplace anchored by Costco.
  • New construction (built in 2020).

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Bakery Big Box & Wholesale Store Home Appliance Store Plumbing Service Gym & Fitness Center Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 35%
Wendy's Dining
19,958 visits/mo 0.5 miles
Chevron Shops & Services
9,380 visits/mo 0.4 miles
Jiffy Lube Shops & Services
1,275 visits/mo 0.5 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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate leased Chipotle in Mountain View Marketplace, Bonney Lake.
Where is this nnn property located?
The property is located at 20416 98th St E Bonney Lake, WA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Corporate leased absolute NNN ground lease to Chipotle Mexican Grill.; Located in Mountain View Marketplace anchored by Costco.; New construction (built in 2020).
More about this property
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