3721 Kitsap Way, Bremerton
$1,570,000
Listing Office: G Anderson Group LLC.
First time in the market in almost 50 years, the Westgate Plaza on Kitsap Way in Bremerton is a two floor cash flow opportunity for any investor, 1031 exchange, and/or property owner needing a stable income stream. With only 1 vacancy, and a mixed Tenant base made up of mostly retail and office users, the property is priced at a 7.6% CAP rate, right in line with the market for the area. In addition, staggering lease expirations for the 6 current Tenants will help a new owner navigate market rates without having to worry about multiple vacancies all at once. Financials/rent roll, Leases, and maintenance reports are available once under contract.
Ceramic Tile, Laminate, Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
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Listing information last updated on May 3rd, 2024 at 2:43am CDT.
