Westgate Building (Status: Pending) 1570000

3721, Kitsap Way, Bremerton, WA  98312

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, staggered 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 attached.

Listing Details

Asset Class: Retail,Office
Year Built: 1979
Building Total Square Feet: 9490
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 35
Local Zoning Information: GC

Listing Courtesy of: G. Anderson Group, LLC

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.