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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



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
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
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 152401-1-155-2001 | Improvements Assessment | $1,107,650 |
| Land Assessment | $228,900 | Total Assessment | $1,336,550 |
PROPERTY TAXES
Parcel Number
152401-1-155-2001
Land Assessment
$228,900
Improvements Assessment
$1,107,650
Total Assessment
$1,336,550
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Multi-Tenant NNN Investment | 1107 N Callow Ave
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