Historical Retail Sale Listing - Sedgwick Plaza

Retail For Sale

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Sedgwick Plaza

1703 SE Sedgwick Road SE, Port Orchard, WA 98366

N/A

10,178 SF | Retail

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Sedgwick Plaza

Retail Property - Off Market

Price:
N/A
Building Size:
10,178 SF
Property Type:
Retail
Property Sub-type:
Retail (Other)
Additional Sub-types:
Free Standing Bldg
Street Retail
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
6.81%
Occupancy:
100%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1988
Lot Size:
43,995 SF
APN / Parcel ID:
012301309804
Listing ID
14504616
Last Updated
over 1 year ago

Highlights

  • Well located multi tenant commerical building with nine tenants
  • Excellent location with awesome access and visiblity
  • Easy to manage commerical property
  • Possble owner occupant opportunity
  • Property is 100 % leased with 8 tenants
  • Opportunity to increase rents with professional property management

Description

This is a 9 tenant high quality commerical buiding with quality mix of tenants. One of the tenants operates a credit union cash machine on ground lease. Ciurently there are no vacancies in the property but we have included a 5% vacancy for our capitilazation rate. The owner currenly manages the property and charges the tenants a management fee as part of the tenants NNN reimbursements.

This is very well located multitenant commerical building located just behind the Union 76 gas station on the corner of Sedgwick and Bethel Road across the Street from Fred Meyer. Sedgwick Road is known as Highway 160.

Map of 1703 SE Sedgwick Road SE, Port Orchard, WA 98366 (Kitsap County)

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3 Photos
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