The Market At Lake Tapps
19410 Highway 410
Bonney Lake, WA 98391
- PRICE: $27,590,800
- CAP RATE: 6.00%
- YEAR 1 NOI: $1,655,448
- OCCUPANCY: 99%
- SITE AREA: 15.10 Acres
- PRICE PER SF: $349.51
- PARKING: 517±
- PAD TENANTS: Starbucks, Panda Express, Sprint, Jack in the Box, Bank of America, Best Tire, Jiffy Lube, Elephant Car Wash
Shadow Anchored by Walmart Supercenter (NAP): The Market at Lake Tapps is conveniently adjacent to a Walmart Supercenter, offering everyday draw that circulates traffic through the center. The main building tenant mix includes Planet Fitness, Franciscan Health, Keller Williams, Comfort Dental, Domino’s, Fleet Feet Sports, Cigar Zone, GameStop, Subway, Pretty Nails, Mattress Depot, Supercuts, The Dog House, and Pacific Cleaners.
New Development: The Market at Lake Tapps is situated just north of a large master planned community called Tehaleh. The community began in 2012, and is planned to include 5,900 homes on approximately 4,200 acres. The project will have 10+ miles of trails weaving through the native terrain, 6 school sites serving 6-12 grades, some business and residential space, and more. This project will serve to provide current and future traffic to The Market at Lake Tapps.
Prime Location: Excellent frontage along Highway 410 with 42,000 cars per day, prominent monument signage along the signalized arterial. Bonney Lake is a significant city that is seeing serious growth in population and retail. A new Costco is near completion within 1 mile of the property. Walmart Supercenter anchors the center (NAP). Target, Lowes, Home Depot, Fred Meyer, and Safeway are all within 1 mile.
Located on Highway 410 between S. Prairie Rd. E. and 192nd Ave. E. in Bonney Lake, WA