Description
100% Established and leased retail strip off Wheaton Way/Sylvan Way intersection in East Bremerton. Low maintance, busy road, great visibility. Parking lot scheduled for repair, seal coating and striping. All tenants renewing leases with new cap around 6.65% by September. Triple net in place for 3 of the spaces last one at renewal time. Same family ownership since the 1950s. Very rarely vacant! Easy to rent. All spaces have substantial remodels and updates. The roof still has half its life. The property is registered with the Police and the Towing company. Tenants are very good at keeping an eye on the property and reporting any issues. This is a great opportunity for an investor.
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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing Courtesy of G Anderson Group Llc.Description
100% Established and leased retail strip off Wheaton Way/Sylvan Way intersection in East Bremerton. Low maintance, busy road, great visibility. Parking lot scheduled for repair, seal coating and striping. All tenants renewing leases with new cap around 6.65% by September. Triple net in place for 3 of the spaces last one at renewal time. Same family ownership since the 1950s. Very rarely vacant! Easy to rent. All spaces have substantial remodels and updates. The roof still has half its life. The property is registered with the Police and the Towing company. Tenants are very good at keeping an eye on the property and reporting any issues. This is a great opportunity for an investor.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-24T17:16:42.13.