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: 7.24%

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 3 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