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5971 State Highway 303 NE 10,004 SF 100% Leased Retail Building Bremerton, WA 98311 $1,530,000 ($152.94/SF)
Investment Highlights
- DOMINANT RETAIL CORRIDOR EXPOSURE
- LOCATED WITHIN BREMERTON’S PRIMARY RETAIL HUB
- DENSE & GROWING TRADE AREA
- STRONG CONSUMER TRAFFIC & ACCESSIBILITY
- FLEXIBLE RETAIL LAYOUT POTENTIAL
- HIGH BARRIERS TO ENTRY FOR COMPETING RETAIL PRODUCT
Executive Summary
Bremerton continues to experience significant population growth fueled by regional in-migration and its proximity to major employment drivers, yet new retail development remains extremely limited. The offering represents a compelling opportunity to secure a foothold in a high-growth, supply-constrained market, with strong fundamentals supporting long-term rent growth, tenant stability, and asset appreciation.
Property Facts
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Finance and Insurance
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Allstate Corporation began in 1931 as part of Sears Roebuck and became fully independent in 1995. The company offers various insurance products spanning personal and commercial needs. Allstate provides auto, homeowners, renters, and life insurance policies through multiple channels. Their business segments include property-liability coverage and supplemental insurance services. Allstate has expanded into digital tools and connected home/auto solutions while maintaining traditional insurance products.
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- Finance and Insurance
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Edward Jones began in 1922 when Edward D. Jones Sr. established the company in Missouri. The firm pioneered the branch office brokerage model in the United States. Today, it operates as a financial services company providing investment solutions for individual investors. Their business model focuses on personalized financial advice through local branches. Edward Jones serves clients across North America with various financial products and guidance services.
- Enchanted Fairies
- Professional, Scientific, and Technical Services
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- Wholesaler
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West Marine has been the premier retailer of boating, fishing, sailing and paddling gear for years. With hundreds of stores located in many states and Puerto Rico and an eCommerce website reaching domestic, international and professional customers, West Marine is recognized as a leading resource for cruisers, sailors, anglers and paddlesports enthusiasts. Throughout the years, West Marine has continued to rely on outstanding customer service, selection and quality as its anchor and that’s been the secret of its success.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Finance and Insurance | - | - | - | ||
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Finance and Insurance | - | - | - | ||
| Enchanted Fairies | Professional, Scientific, and Technical Services | - | - | - | ||
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Wholesaler | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 352501-1-072-2006 | Improvements Assessment | $1,226,660 |
| Land Assessment | $346,890 | Total Assessment | $1,573,550 |
Property Taxes
Presented by
5971 State Highway 303 NE
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