Sumner Promenade is a 5,940 SF, fully leased, two-tenant retail asset located directly beside WinCo Foods in Sumner, Washington. Built in 2012, the Property is supported by two well-established service-oriented tenants, Gravity Coffee Drive Thru and Society Salon, both of which have occupied the Property since 2019 and 2017, respectively. Society Salon has expanded into the two adjacent suites, demonstrating commitment to the location. Both operate on NNN leases with 3 percent annual rent increases.
The Property benefits from exceptional daily traffic generated by WinCo’s 1.4 million annual visits (per Placer.ai) and 32K VPD off Highway 410, providing consistent exposure and a strong regional draw from Puyallup, Bonney Lake, and Enumclaw. Sumner Promenade also benefits from strong surrounding demographics and an average household income of $150,751 in a 3-mile radius.
The strength of the Sumner/Bonney Lake corridor is reinforced by its connection to the Kent Valley, one of the region’s most significant employment and industrial centers. The valley supports more than 232,000 jobs across aerospace, advanced manufacturing, logistics, and industrial technologies, anchored by employers such as Boeing, Blue Origin, and a base of food and beverage producers. This concentration of major employers and direct access to major road networks, SeaTac International Airport, and the Ports of Seattle and Tacoma, drives steady commuter activity through the corridor and supports strong surrounding demographics. The broader region also offers diverse and more attainable housing options, high quality of life, and access to outdoor recreation, all of which attract high-earning residents who prefer living in suburban foothill communities while remaining connected to these employment hubs.