100% Established and leased retail strip off Wheaton Way/Sylvan Way intersection in East Bremerton. Low maintance, busy road, great visibility. Parking lot scheduled for repair, seal coating and striping. All tenants renewing leases with new cap around 6.65% by September. Triple net in place for 3 of the spaces last one at renewal time. Same family ownership since the 1950s. Very rarely vacant! Easy to rent. All spaces have substantial remodels and updates. The roof still has half its life. The property is registered with the Police and the Towing company. Tenants are very good at keeping an eye on the property and reporting any issues. This is a great opportunity for an investor.
Current Location
