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Investment Highlights

  • HIGH-VISIBILITY LOCATION WITH 30K+ VPD ON PRIMARY RETAIL CORRIDOR
  • SUPPLY-CONSTRAINED RETAIL SUBMARKET WITH LIMITED NEW DEVELOPMENT
  • STRONG DEMOGRAPHIC PROFILE WITH GROWING POPULATION BASE
  • NATIONAL CREDIT ANCHOR WITH PROVEN RETAIL DEMAND
  • STRATEGIC POSITION NEAR MAJOR EMPLOYMENT HUB DRIVING DAILY DEMAND
  • IDEAL FOR SERVICE & DAILY-NEEDS RETAIL

Executive Summary

Northmarq presents Oyster Bay Plaza, a fully stabilized retail investment opportunity strategically positioned along one of the primary commercial corridors in Bremerton. This high visibility asset benefits from strong daily traffic counts and seamless connectivity between Port Orchard and the greater Kitsap Peninsula, placing it directly in the path of consistent commuter and consumer flow. Anchored by a diverse mix of service-oriented and daily-needs tenants, the property delivers durable in-place cash flow with minimal near-term rollover, offering investors immediate yield and operational stability.
Oyster Bay Plaza is further supported by Bremerton’s expanding population base and its proximity to Naval Base Kitsap, one of the region’s largest employment drivers, ensuring a reliable and recurring customer base. This offering represents a rare opportunity to acquire a stabilized, income-producing retail strip in one of the Peninsula’s most supply-constrained and steadily growing submarkets.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,800 SF
Building Class
C
Year Built
1972
Price
$1,895,000
Price Per SF
$215.34
Cap Rate
6.83%
NOI
$129,429
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
5.76 AC
Zoning
GC
Frontage
73’ on Kitsap Way

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -
  • Information
  • -
  • -
  • -

Founded in Southern California in 1995, GoWireless has continually strived to be a driving force in the wireless industry. With the rapid growth and ever changing technology of the wireless industry, it has always been their corporate vision to enrich people's lives through wireless communications while providing exceptional customer service. With over 670 stores coast to coast, they are accomplishing their goals. Because of their outstanding partnership with Verizon Wireless, they are able to offer their customer's quality products and services on the nation's largest 4G LTE network and the largest, most reliable 3G network. They pride themselves on delivering industry leading customer service online, over the phone, and in person. Because of their commitment to their customers, they are able to offer exclusive, one of a kind packages such as the GoAdvantage and Ready 2 Go. These exciting offers make sure their customers stay powered, connected and protected!

  • Puffin Sam
  • Retailer
  • -
  • -
  • -
  • Sudseez Cleaners & Laundry
  • Services
  • -
  • -
  • -
  • Information
  • -
  • -
  • -

Victra began in 1996 as a wireless retail business in North Carolina and has grown into a nationwide Verizon Authorized Retailer. The company focuses on wireless devices, service plans, accessories, and in-store technical support, serving both individual and business customers. Victra also emphasizes guided sales support and account help through its stores and online channels. Its current business model centers on mobile connectivity, device upgrades, plan changes, and related customer service for Verizon products and services.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Information - - -
Puffin Sam Retailer - - -
Sudseez Cleaners & Laundry Services - - -
Information - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Denny's
Safeway

Property Taxes

Property Taxes

Parcel Number
152401-3-196-2008
Land Assessment
$253,120
Improvements Assessment
$917,730
Total Assessment
$1,170,850
  • Listing ID: 40080872

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 4195 Kitsap Way, Bremerton, WA 98312

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