Add Listing
    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

    8412 Myers Rd E Bonney Lake, WA 98391

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,301 /Mo ($21 SF/Yr)

    Office/medical suites in high-traffic Bonney Lake location.

    Property size:
    1,886 SF
    Lot size:
    1,886 SF

    Property Features for 8412 Myers Rd E

    General Information

    Standard status
    Active
    Size
    1,886 SF

    Building Details

    Year built
    2001

    We can help!

    Listing Contact
    Tom O'Brien
    Source: Corcoran

    Listing Agency: PACIFIC COMMERCIAL BROKERS Listing Agent: Tom O'Brien

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

    Learn more

    Overview

    Bonney Lake Professional Office Space

    Lake Place Professional Plaza is located along Highway 410. The property includes 9 office and medical suites, totaling 14,627 square feet, situated on 2.13 acres. This property is located in the growing communities of Bonney Lake, Sumner, Puyallup, Lake Tapps, and Auburn. Two office spaces are available for lease. One of the spaces is professionally built out and suitable for General Dentistry, Oral Surgery, Medical, or Chiropractic practices. The available space is 1,886 square feet. Lease includes all utilities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    Lake Tapps Veterinary Hospital, Davison Susan J DVM

    Location Insight

    • Map
    • Local Demand
    City
    Bonney Lake
    County
    Pierce
    State
    Washington
    Longitude
    -122.1905472
    Latitude
    47.1799663

    Nearby Similar for Lease

    • $7,605 /Mo
      2,852 SF

      Retail Space on Busy Highway

      Retail space with high visibility, easy access, ample parking.
      20840 Highway 410 E, Bonney Lake, WA 98391
      View Details
    • $7,986 /Mo
      2,522 SF

      Retail Space with Drive-Thru Potential

      Endcap retail space available 7/1/2026, drive-thru potential.
      21107 Highway 410 E, Bonney Lake, WA 98391
      View Details
    • $4,337 /Mo
      2,478 SF

      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
    • $5,733 /Mo
      1,911 SF

      Former Restaurant with Drive-Thru

      Former restaurant space with drive-thru and ample parking.
      20840 Highway 410 E, Bonney Lake, WA 98391
      View Details
    • $2,700 /Mo
      1,200 SF

      Retail Space Near Highway 410

      Retail space with high visibility and strong sales potential.
      9301 192Nd Ave E, Bonney Lake, WA 98391
      View Details
    • $2,732 /Mo
      1,639 SF

      Bonney Lake First Floor Office

      First floor office space available for rent in Bonney Lake.
      21107 Highway 410 E, Bonney Lake, WA 98391
      View Details
    • $12,021 /Mo
      4,508 SF

      Bonney Lake Retail Space Available

      Highly visible retail space on a busy highway.
      20840 Highway 410 E, Bonney Lake, WA 98391
      View Details
    • $67,728
      56,440 SF

      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
      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
      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
    • Contact for pricing
      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
    • Contact for pricing
      16,750 SF

      Retail Space with Highway Exposure

      Retail space with prominent signage and highway access.
      21302 Hwy, Bonney Lake, WA
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Office/medical suites in high-traffic Bonney Lake location.
    Where is this medical office space located?
    The property is located at 8412 Myers Rd E Bonney Lake, WA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on Highway 410 with massive traffic count.; - Centralized location in the heart of growing communities (Bonney Lake, Sumner, Puyallup, Lake Tapps, and Auburn).; - Owner/user opportunity with future growth potential.
    Request Owner's contact information
    8412 Myers Rd E Bonney Lake, WA 98391
    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.
    8412 Myers Rd E
    Bonney Lake, WA 98391
    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
    8412 Myers Rd E Bonney Lake, WA 98391
    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
    Tom O'Brien
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!