New On Market: Fernwood Building

By RSIR Staff |

The Fernwood Building is a commercial condominium building located in Kitsap County. This unique offering consists of three office condominiums, leased by outstanding AAA credit rated tenants, that comprises 76% of the building’s rentable square footage.

The three tenants include Harrison Health Partners, GSA, and a property development firm — all with long term leases. The operating expenses are low and the building is managed by the owners association. Stable and solid income. 6.25% CAP rate.

19500 10th Ave NE   |   Poulsbo, Washington

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