This property is Off-Market

1703 SE Sedgwick Road SE
Port Orchard, WA 98366 ·

10,178 SF · Retail For Sale

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Sedgwick Plaza

Price N/A Occupancy 100%
Building Size 10,178 SF No. Stories 1
Property Type Retail Tenancy Multiple
Property Sub-type
Retail (Other)
More...
  • Free Standing Bldg
  • Street Retail
Year Built 1988
Property Use Type Investment Lot Size 43,995 SF
Commission Split 2.5% APN / Parcel ID 012301309804
Cap Rate 6.81%
Listing ID: 14504616 Date Created: 02/15/2006 Last Updated: 01/09/2007

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.

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

Research

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

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