Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Bonney Lake Retail Space Available Title is generated by Realmo AI

    21302 SR-410 East, Bonney Lake, WA 98391

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Highly visible retail space with steady traffic in Bonney Lake.

    Type:Retail
    Added:
    Aug 21, 2025
    Days on Market:
    265
    Last Refresh:
    Mar 16 at 10:47 am

    Property Features for 21302 SR-410 East

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 21302 SR-410 East Contact us

    Available space $25 /Mo

    Size
    16,750 SF
    Type
    Retail
    Lease Rate: $25.00 PSF + NNN
    Contact us

    We can help!

    Listing Contact
    Jacob Fors

    Listing agent Jacob Fors License #23033784

    Listing office First Western Properties, Inc. Tacoma

    Listing date Aug 21, 2025

    Source Crexi

    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 First Western Properties, Inc. Tacoma

    HighLights

    • Highly visible location on a main commercial road (SR 410 E) with steady traffic.
    • Surrounded by popular businesses like Safeway and The UPS Store, generating consistent foot traffic.
    • Flexible commercial zoning suitable for retail or service businesses.
    • Strong local income levels.
    • Growing population.
    • Easy access to transit and nearby developments.

    Overview

    The property at 21302 SR-410 East in Bonney Lake offers a highly visible location with steady traffic along one of the area’s main commercial roads. This makes it suitable for retail or service businesses. The location benefits from proximity to established businesses such as Safeway and The UPS Store, contributing to consistent foot traffic. The property's commercial zoning, combined with strong local income levels, a growing population, and convenient access to transit and nearby developments, supports potential long-term business growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.144863
    Latitude
    47.1682406

    Nearby Similar for Lease

    • $4,337/Mo

      Bonney Lake Professional Office Suites

      Office/medical suites available for lease in Bonney Lake, WA.
      8412 Myers Rd E, Bonney Lake, WA 98391
      View Details
    • $3,301/Mo

      Bonney Lake Professional Office Space

      Office/medical suites in high-traffic Bonney Lake location.
      8412 Myers Rd E, Bonney Lake, WA 98391
      View Details
    • $4,698/Mo

      Retail End Cap Space Available

      Retail space available in Bonney Lake at a hard corner.
      9805 214th Ave E, Bonney Lake, WA 98391
      View Details
    • $2,700/Mo

      Retail Space Near Highway 410

      Retail space with high visibility and strong sales potential.
      9301 192nd Ave E, Bonney Lake, WA 98391
      View Details
    • $5,733/Mo

      Former Restaurant with Drive-Thru

      Former restaurant space with drive-thru and ample parking.
      20840 Hwy 410 E, Bonney Lake, WA 98391
      View Details
    • $7,986/Mo

      Retail Space with Drive-Thru Potential

      Endcap retail space available 7/1/2026, drive-thru potential.
      21107 Hwy 410 E, Bonney Lake, WA 98391
      View Details
    • $2,732/Mo

      Bonney Lake First Floor Office

      First floor office space available for rent in Bonney Lake.
      21107 Hwy 410 E, Bonney Lake, WA 98391
      View Details
    • $7,605/Mo

      Retail Space on Busy Highway

      Retail space with high visibility, easy access, ample parking.
      20840 Hwy 410 E, Bonney Lake, WA 98391
      View Details
    • $12,021/Mo

      Bonney Lake Retail Space Available

      Highly visible retail space on a busy highway.
      20840 Hwy 410 E, Bonney Lake, WA 98391
      View Details
    • $32 SF/Yr

      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
    • $67,728 SF/Yr

      New Class A Industrial Condos

      New Class A industrial condos for lease or sale.
      9619 224th Ave E, Bonney Lake, WA 98391
      View Details
    • Contact for pricing

      Industrial Park Ready For Construction

      Industrial park in Tehaleh, ready for construction, Q2 2025 delivery.
      14621 and 14719 170th Ave E, Bonney Lake, WA 98391
      View Details

    FAQs

    What type of property is this?
    Retail space - Highly visible retail space with steady traffic in Bonney Lake.
    Where is this retail space located?
    The property is located at 21302 SR-410 East Bonney Lake, WA.
    What are key features of this property?
    This property features: Highly visible location on a main commercial road (SR 410 E) with steady traffic.; Surrounded by popular businesses like Safeway and The UPS Store, generating consistent foot traffic.; Flexible commercial zoning suitable for retail or service businesses.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jacob Fors
    Real Estate License ID: 23033784
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    21302 SR-410 East, Bonney Lake, WA 98391
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!