248-250 Bendigo Blvd. South and 249 Main Ave. South (28,418 SF) Sells for $8.2M in Seattle

Reported Sep 16, 2026 · Source: REBusiness Online

Source: REBusiness OnlineRead the full report at REBusiness Online ↗

Deal details

Buyer
Not named in the report
Seller
Not disclosed
Price
$8.2M
Size
28,418 SF
Price per SF
$289 per SF (our calculation)
Asset class
Retail
Transaction
Sale
Sub-market
Northwest Washington
Metro
Seattle
Reported date
Sep 16, 2026

Summary

Northmarq has arranged the sale of J.O. Borgen Plaza, a multi-tenant retail center in North Bend, approximately 30 miles southeast of Seattle. Located at 248-250 Bendigo Blvd. South and 249 Main Ave. South, the 28,418-square-foot center is occupied by a freestanding Wells Fargo branch, Jersey Mike’s Subs and The UPS Store. Source: REBusiness Online.

Summarized from the article; the quoted lines below are from the article itself.

Source: REBusiness Online

Read the full report at REBusiness Online. What the article says:

  • Deal / Price / Size
    NORTH BEND, WASH. — Northmarq has arranged the sale of J.O. Borgen Plaza, a multi-tenant retail center in North Bend, approximately 30 miles southeast of Seattle. The asset traded for $8.2 million. Sean Tufts, Kevin Adatto, Joe Dugoni and Jack Hallberg of Northmarq’s Pacific Northwest retail investment sales team represented the undisclosed seller and undisclosed buyer in the deal. Located at 248-250 Bendigo Blvd. South and 249 Main Ave. South, the 28,418-square-foot center is occupied by a freestanding Wells Fargo branch, Jersey Mike’s Subs and The UPS Store. Additionally, the center features a 17,958-square-foot former Bartell Drugs building, which was vacant at the time of sale. The sale was aligned with a commercial national retailer to backfill the Bartell Drugs’ property, with an opening slated for 2027.
  • Deal
    Located at 248-250 Bendigo Blvd. South and 249 Main Ave. South, the 28,418-square-foot center is occupied by a freestanding Wells Fargo branch, Jersey Mike’s Subs and The UPS Store.

Article date: 2026-09-16T13:16:36+00:00

Frequently asked questions

How much did 248-250 Bendigo Blvd. South and 249 Main Ave. South sell for?
The reported price is $8.2M ($289 per SF, our calculation), per REBusiness Online.
When was this sale reported?
Reported Sep 16, 2026 by REBusiness Online.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.