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Property Description
One of the most pristine office buildings in Port Orchard is hitting the market for the first time since it was built in 2005. The list of features for this property is endless: 100% leased, abundance of parking, sprinkled, highly visible on one of the busiest roads in Port Orchard, no deferred maintenance, shared conference room, shared men's/women's bathrooms on each floor, parking access at both sides of the building, etc. Currently, each Tenant is in the midst of short-term, Full-Service Gross Leases, which enables a new owner a large upside in converting the Leases to NNN and locking in longer terms, yielding a Pro Forma CAP of 8.4%. The replacement cost for a building of this stature would be more than DOUBLE the listed asking price.
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Property Details
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- MLS ID:
- 2283102
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- Area:
- Port Orchard
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- Community:
- Port Orchard
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- County:
- Kitsap County
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- Flooring:
- Ceramic Tile
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- Lot Size:
- 125 x 168
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- Lot Size Sq. Ft.:
- 20,473
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- Property Subtype:
- Commercial Industrial
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- Property Type:
- Commercial Sale
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- Status:
- Active
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- Year Built:
- 2005
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Additional Highlights
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- Exterior:
- Brick, Wood, Wood Products
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- Land/Topography:
- Level
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- Parking:
- 27
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- Roofing:
- Composition
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- Water Source:
- Public
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- Zoning Description:
- Commercial
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Request Info
2465 Bethel Avenue, Port Orchard Washington, 98366 United StatesDisclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.