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Storefront Retail Office For Sale • 18,193 SF
| Town & Country Market, the top-performing store in their six-store chain, drives consistent traffic to the center, supporting tenant success. |
| 100% leased to a diverse mix of service-based retail, medical, and financial providers, catering to strong demand in the market. |
| Minimal landlord responsibilities as nearly all operating expenses are passed through to tenants. |
| Proximity to North Kitsap High School, Poulsbo Middle School, and multiple medical offices creates a strong daytime population that supports tenants. |
| 6.25% cap rate on in-place NOI with average annual rent escalations averaging 3.2% provides built-in income growth. |
| No single tenant occupies more than 20% of the center, ensuring diverse income sources. Weighted Average Lease Term (WALT) of 4.2 Years. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Seattle Paine Field International | 68 min | - | 26.9 mi |
| Seattle-Tacoma International | 92 min | - | 46.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 65 |
| Type: | Surface |
| Included in Rent: | Yes |
