8412 Myers Rd E Bonney Lake, WA 98391
For Sale
This exceptional three-story, 16,104 square foot office building presents a compelling investment opportunity. Located at 8412 Myers Rd E, Bonney Lake, WA 98391, this Class C property boasts 9 individual office/medical suites totaling 14,627 net rentable square feet. Built in 2001 and renovated in 2007, the building sits on a 2.13-acre lot and offers 48 parking spaces. The property's strategic location along Highway 410 ensures high visibility and accessibility, benefiting from significant traffic counts. Its central location serves the growing communities of Bonney Lake, Sumner, Puyallup, Lake Tapps, and Auburn. Currently operating as a multi-tenant property with a NNN lease type, this asset offers a 5.78% cap rate and a price per square foot of $232.86. The asking price is $3,750,000. The property is zoned CG, providing flexibility for future development or expansion. This presents an ideal opportunity for owner-users seeking to establish a presence in a thriving market or for investors looking for a value-add property with significant rental income potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Bonney Lake, WABonney Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.