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Executive Summary

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.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $232,654 $13.22
Other Income - -
Vacancy Loss - -
Effective Gross Income $232,654 $13.22
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $232,654
Annual Per SF $13.22
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $232,654
Annual Per SF $13.22
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,600 SF
Building Class
B
Year Built/Renovated
1956/1987
Price
$3,095,000
Price Per SF
$175.85
Cap Rate
7.52%
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 - Flexible retail zoning & light-industrial.
Parking
39 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
86’ on Callow Ave Ave

Amenities

  • Bus Line
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 3,300 SF
  • $18.55
  • Triple Net
  • Dec 2030

7-Eleven began in 1927 as the Southland Ice Company in Dallas and later grew into the 7-Eleven convenience brand. The company operates convenience retail stores and a franchise system, with banners and brands that include Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken & Biscuits, while also offering signature food and drink items such as Slurpee and Big Gulp beverages. 7-Eleven continues as a global convenience retailer and remains focused on fast, everyday shopping across a wide network of stores.

  • Dogpaw Design
  • Manufacturing
  • 8,000 SF
  • $6.00
  • Modified Gross
  • Aug 2027
  • Accommodation and Food Services
  • 1,760 SF
  • $24.59
  • Triple Net
  • Jul 2029

Little Caesars began in 1959 when Mike and Marian Ilitch opened a single pizza restaurant in suburban Detroit. The company grew through franchising and later expanded into international markets, with business materials describing a model centered on quality, convenience, and value. Today, Little Caesars focuses on pizza restaurants, franchise development, and carryout-oriented service, while also supporting community programs such as the Love Kitchen and fundraising initiatives.

  • Information
  • 1,200 SF
  • $20.00
  • Triple Net
  • Dec 2030

Metro by T-Mobile began in 1994 as General Wireless, Inc. and launched service in 2002 before adopting the MetroPCS name and later rebranding as Metro by T-Mobile in 2018. The company focuses on prepaid mobile service with no-contract plans, unlimited talk, text, and data options, and a lineup of phones, tablets, hotspots, and other connected devices. Metro supports account management through online and app-based tools and offers home internet among its plan categories, placing the brand across several consumer wireless verticals. Metro operates as a T-Mobile brand and serves customers nationwide through its wireless distribution and digital channels.

  • The Reef Pot Shop Recreational Cannabis
  • Retailer
  • 2,540 SF
  • $25.98
  • Triple Net
  • Mar 2030
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 3,300 SF $18.55 Triple Net Dec 2030
Dogpaw Design Manufacturing 8,000 SF $6.00 Modified Gross Aug 2027
Accommodation and Food Services 1,760 SF $24.59 Triple Net Jul 2029
Information 1,200 SF $20.00 Triple Net Dec 2030
The Reef Pot Shop Recreational Cannabis Retailer 2,540 SF $25.98 Triple Net Mar 2030
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Safeway
U.S. Bank
Gravity Coffee
Starbucks

Property Taxes

Property Taxes

Parcel Number
152401-1-155-2001
Land Assessment
$228,900 (2026)
Improvements Assessment
$1,107,650 (2026)
Total Assessment
$1,336,550 (2026)
  • Listing ID: 41481114

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 1110 N Wycoff Ave, Bremerton, WA 98312

Contact the Sale Advisor

Callow Ave Building | 1110 N Wycoff Ave

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