2465 Bethel Ave Port Orchard, WA 98366 – 2465 Bethel Building

2465, Bethel Ave, Port Orchard, WA  98366

For Sale

2465 Bethel Building (Status: Available) 1550000

2465, Bethel Ave, Port Orchard, WA  98366

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%. Last but not least, the estimated replacement cost for a building of this stature would be more than DOUBLE the listed asking price. This high-quality in

Listing Details

Asset Class: Office,Specialty
Year Built: 2005
Building Total Square Feet: 8658
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 27
Local Zoning Information: CMU

CBA

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.

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