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New Retail Center For Sale
For Sale
$9,579,800
Pending

20502 98th St E, Bonney Lake, WA 98391

New multi-tenant shopping center in rapidly growing Bonney Lake, WA.

Property SizeContact for details
Days on Market235

Property Features for 20502 98th St E

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 2025
Listing Agency: KIDDER MATHEWS
Listed By: DAVID GELLNER
Source: Corcoran
Added: Jan 15 Changed: Jul 6 Last Checked: Jul 23 at 8:26AM

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.

Mountain View Marketplace is a newly constructed, multi-tenant neighborhood shopping center located in Bonney Lake, Washington. The property is shadow-anchored by Costco and is adjacent to national retailers such as Chick-fil-A and Chipotle. The location is prominently featured on SR 410, the main thoroughfare in Bonney Lake. The shopping center is anchored by Panera Bread and Aspen Dental. All tenants operate under NNN leases.

Key Highlights

  • Shadow anchored by Costco and adjacent to Chick‑fil‑A and Chipotle.
  • Located on SR 410, the main thoroughfare in Bonney Lake, with high visibility.
  • Anchored by Panera Bread and Aspen Dental.

Property Analytics

Current Use

Shopping centers

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
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Shopping center - New multi-tenant shopping center in rapidly growing Bonney Lake, WA.
Where is this shopping center located?
The property is located at 20502 98th St E Bonney Lake, WA.
What is the asking price?
The asking price for this property is $9,579,800.
What are key features of this property?
This property features: Shadow anchored by Costco and adjacent to Chick‑fil‑A and Chipotle.; Located on SR 410, the main thoroughfare in Bonney Lake, with high visibility.; Anchored by Panera Bread and Aspen Dental.
More about this property
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