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Snoqualmie Market Retail Center 8030 Railroad Ave SE 8,100 SF 100% Leased Retail Building Snoqualmie, WA 98065 $2,695,000 ($332.72/SF) 6.25% Cap Rate
Investment Highlights
- 30+ year anchor tenant
- Minutes from Snoqualmie Falls
- 130’ of prime frontage along Highway 202
- Only property in downtown with storefront parking
Executive Summary
Prime retail center in the heart of downtown Snoqualmie. Rare property with spacious parking lot drawing lots of tourists and locals. Property is just across from the Railroad Museum, and minutes from the Snoqualmie Falls, which helps to draw over 1.5 million visitors to town every year. Great retail mix with very established tenants that have a huge following in the valley. Recent upgrades in 2025.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
8,100 SF
Building Class
C
Year Built/Renovated
1963/2017
Price
$2,695,000
Price Per SF
$332.72
Cap Rate
6.25%
NOI
$168,438
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.35 AC
Zoning
BR1 - BR-1 – is a subdistrict that contains all properties located within the downtown historic district retail overlay zone and is intended for shopping.
Parking
16 Spaces (1.98 Spaces per 1,000 SF Leased)
Frontage
100’ on Railroad Ave N
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Caadxi Oaxaca Restaurant
- Accommodation and Food Services
- 1,617 SF
- $25.75
- Triple Net
- Sep 2029
- Love Bug Pet Boutique
- Retailer
- 1,918 SF
- $13.88
- Triple Net
- May 2027
- Snoqualmie Market
- Retailer
- 2,670 SF
- $18.78
- Triple Net
- Mar 2028
- The Art Academy
- Arts, Entertainment, and Recreation
- 1,895 SF
- $26.52
- Triple Net
- Sep 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Caadxi Oaxaca Restaurant | Accommodation and Food Services | 1,617 SF | $25.75 | Triple Net | Sep 2029 | |
| Love Bug Pet Boutique | Retailer | 1,918 SF | $13.88 | Triple Net | May 2027 | |
| Snoqualmie Market | Retailer | 2,670 SF | $18.78 | Triple Net | Mar 2028 | |
| The Art Academy | Arts, Entertainment, and Recreation | 1,895 SF | $26.52 | Triple Net | Sep 2028 |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 784920-0495 | Improvements Assessment | $1,553,600 |
| Land Assessment | $378,000 | Total Assessment | $1,931,600 |
Property Taxes
Parcel Number
784920-0495
Land Assessment
$378,000
Improvements Assessment
$1,553,600
Total Assessment
$1,931,600
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Bexco Capital
Snoqualmie Market Retail Center | 8030 Railroad Ave SE
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