Single-Tenant Applebee's
For Sale
Contact for pricing
Pending
9430 192nd Ave E, Bonney Lake, WA 98391
Freestanding restaurant leased under an absolute NNN ground lease with a renewal term extending through March 2030.
Property SizeContact for details
Days on Market140
Property Features for 9430 192nd Ave E
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
44,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Northmarq - Seattle
Listed By:
Joe Dugoni · License #WA 21001346
Source:
Crexi
Added: Apr 13
Changed: Aug 29
Last Checked: Aug 29 at 11:15PM
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 Northmarq - Seattle
Investment Insights
Based on property information with market context.
This single-tenant Applebee’s restaurant at 9430 192nd Ave E is operated by Apple Washington LLC, a subsidiary of Flynn Restaurant Group. The property is subject to an absolute NNN ground lease, with the tenant’s first 5-year renewal exercised through March 31, 2030. Four additional 5-year options remain, each providing 10% rent increases.
The site fronts Highway 410, which carries approximately 44,000 VPD, and is shadow-anchored by Target. Walmart and Safeway are located directly across the intersection. The surrounding Bonney Lake area has recorded more than 30% population growth since 2010 amid residential and commercial expansion, with over 100,000 residents within a 5-mile radius.
The site fronts Highway 410, which carries approximately 44,000 VPD, and is shadow-anchored by Target. Walmart and Safeway are located directly across the intersection. The surrounding Bonney Lake area has recorded more than 30% population growth since 2010 amid residential and commercial expansion, with over 100,000 residents within a 5-mile radius.
Key Highlights
- Single‑tenant Applebee’s restaurant at 9430 192nd Ave E
- Absolute NNN ground lease with no landlord responsibilities
- Frontage on Highway 410 with approximately 44,000 VPD
Property Analytics
Property Profile
Current Use
Lease Details
44,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
383k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 49%
Dining 24%
Shops & Services 14%
Apparel 9%
Walmart
Superstores
104,633 visits/mo
0.3 miles
Target
Superstores
81,682 visits/mo
0.1 miles
Marshalls
Apparel
33,629 visits/mo
0.1 miles
Petco
Shops & Services
26,330 visits/mo
0.1 miles
Starbucks
Dining
23,221 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant leased under an absolute NNN ground lease with a renewal term extending through March 2030.
Where is this conventional restaurant located?
The property is located at 9430 192nd Ave E Bonney Lake, WA.
What are key features of this property?
This property features: Single‑tenant Applebee’s restaurant at 9430 192nd Ave E; Absolute NNN ground lease with no landlord responsibilities; Frontage on Highway 410 with approximately 44,000 VPD
