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Multi-Tenant NNN Investment 1107 N Callow Ave 17,600 SF 100% Leased Retail Building Bremerton, WA 98312 $3,323,000 ($188.81/SF) 7% Cap Rate

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EXECUTIVE SUMMARY

Temmel Real Estate is pleased to present the opportunity to acquire a stabilized, multi-tenant NNN investment property in Bremerton, Washington. Strategically positioned on a busy, signalized corner shadow-anchored by Safeway, the property features a strong and diverse tenant mix, including 7-Eleven, Little Caesars, Metro by T-Mobile, The Reef Cannabis, and Dogpaw Design, a custom concrete contractor. The retail Tenants have long-term leases in place, offering investors predictable cash flow. Additionally, Dogpaw Design is on a month-to-month lease representing an attractive value-add or repositioning opportunity for the next Owner.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,600 SF
Building Class
B
Year Built/Renovated
1956/1987
Price
$3,323,000
Price Per SF
$188.81
Cap Rate
7%
NOI
$232,652
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.52
Lot Size
0.77 AC
Zoning
DCC
Parking
39 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
86’ on Callow Ave Ave

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Safeway
U.S. Bank
Gravity Coffee
Starbucks
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
152401-1-155-2001
Land Assessment
$228,900
Improvements Assessment
$1,107,650
Total Assessment
$1,336,550
  • Listing ID: 38409086

  • Date on Market: 11/11/2025

  • Last Updated:

  • Address: 1107 N Callow Ave, Bremerton, WA 98312

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