2221 NW Myhre Rd | Silverdale, WA 98383
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2221 NW Myhre Rd
Silverdale, WA 98383
Absolute Net Lowe's Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Lowe’s Home Improvement | Absolute Net Ground Lease | Situated on 12+Acre Lot
- Corporately Guaranteed by Lowe’s Companies Inc. (S&P: BBB+ Credit Rated Tenant)
- Positioned Along a Major Traffic Corridor | Just Off of SR-3 with Daily Traffic Counts Exceeding 53,000 VPD
- Nearly Seven-Years Remaining on Current Term | Four, 5-Year Renewal Options | 10 Percent Increases in Each Option
- Situated in a Dominant Retail Corridor of Silverdale, Adjacent to Multiple National Retailers
- Strong Visibility Along Myhre Road Across from St. Michael Medical Center, a Major Hospital in the Area with a Large Expansion Completed in 2021
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
111,000 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.21
Lot Size
12.43 AC
Zoning
RC
Frontage
450’ on NW Myhre Road
PROPERTY TAXES
| Parcel Number | 162501-1-052-2003 | Improvements Assessment | $9,210,480 |
| Land Assessment | $3,145,750 | Total Assessment | $12,356,230 |
PROPERTY TAXES
Parcel Number
162501-1-052-2003
Land Assessment
$3,145,750
Improvements Assessment
$9,210,480
Total Assessment
$12,356,230
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