Snoqualmie Market Retail Center | Snoqualmie, WA

$2,475,000.00

Address: 8030 Railroad Ave SE, Snoqualmie, WA 98065

Rentable SF: 8,100 SF

Total Land Area: 15,120 SF

Proforma Cap Rate: 7.9%

100% Occupied

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Investment Highlights
STRONG HISTORICAL OCCUPANCY
The Offering benefits from 130 feet of frontage along Highway 202, directly exposed to average annual daily traffic numbers exceeding 12,000+ vehicles.

EXCELLENT LOCATION
Located in downtown Snoqualmie, across from the NW Railroad Museum and minutes from major tourist attractions, the property enjoys substantial year-round tourism activity.

PRIME RETAIL FRONTAGE
Snoqualmie Market has served as the community’s local grocery store for over 30 years, demonstrating stable and reliable tenancy.

SIGNIFICANT RENTAL UPSIDE
In-place lease rates are on average over 40% below market, offering significant value-add potential.
Investment Overview
THE VARA GROUP is pleased to present the exceptional investment opportunity in the heart of Snoqualmie, WA. The Snoqualmie Market Retail Center offers investors the chance to own a historic staple of the downtown strip with 130 feet of frontage along Highway 202. The asset is currently occupied by 4 tenants operating on NNN leases. Centered in an area surrounded by Washington’s most impressive tourist destinations, the retail center supports thousands of travelers every year.

Investment Highlights