Hobby Lobby – Silverdale (Status: Available) 7780000

3567, Randall Way, Silverdale, WA  98383

We have been selected to exclusively market for sale an AAA location Hobby Lobby located in the dynamic Silverdale, WA trade area. The Property is located directly across the street from Winco, the Kitsap Mall and Target and features excellent visibility, parking and access. The Property benefits from paying well below market rents with achievable anchor rents in the submarket being in the $17-$19/SF range providing for long-term stability and upside. The Property features 8 years of remaining lease term and is corporately guaranteed by Hobby Lobby Stores, Inc. The NNN lease features minimal Landlord responsibilities which include only the roof and structure. Located roughly a mile from the Property, St. Michael’s Medical Center recently completed a roughly $500M expansion including over 5

Listing Details

Asset Class: Retail
Year Built: 1989
Building Total Square Feet: 42604
Available Lease Space Square Feet: 42604
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: RC

Listing Courtesy of: Marcus & Millichap, Inc.

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.