Bought with The Rucker Group
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Silverdale
MLS Listing ID 1726686
Sold Date 07/15/21
Style 60 - Comm Bldg Und 10K
Year Built 1988
Annual Tax Amount $6,779
Lot Size 0.380 Acres
Property Sub-Type Commercial Industrial
Property Description
Brand new lease with a National Firm! This is a well maintained, extremely attractive building with a high quality tenant.Located close to the new hospital and on a busy main route. With a high traffic count, Mariner Square is perfectly positioned to capture the best of Silverdale's growth. Tenant pays all expenses so owner captures the highest return. The building has been well cared for with no deferred maintenance. Lease rate escalates @ 3% per year so cap rate is 5.93% in year 5.
Location
State WA
County Kitsap
Area 147 - Silverdale
Interior
Interior Features Heat Pump
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Sewer Connected, Electric
Roof Type Built-Up,Flat,Torch Down
Building
Sewer Sewer Connected
Water Community
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
GET MORE INFORMATION
Leon Harper
Real Estate Professional | License ID: 18115
Real Estate Professional License ID: 18115