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Investment Highlights

  • #1 Retail Destination within a 15-Mile Radius
  • Exceptional Parking & Site Infrastructure
  • Institutional Market Fundamentals
  • Rare Large-Scale Redevelopment Parcel
  • Strong Access & Visibility
  • Can be demised

Executive Summary

KITSAP MALL ANCHOR OPPORTUNITY
The Offering presents the opportunity to acquire a 120,088 SF anchor-scale retail box situated on its own parcel at Kitsap Mall, the dominant regional mall in the Kitsap Peninsula. The Property represents a rare owner-user opportunity as the only vacant retail box over 50,000 SF within a one-hour driving radius of the property, per ArcGIS. Formerly occupied by Macy’s, the Site benefits from its position within the highly visited mall and excellent access off Silverdale Way. While unpriced, the property is expected to trade well below replacement cost.
Kitsap Mall generated over 5 million visits in 2025, ranking in the top 5% of malls nationally, according to Placer.ai. The subject parcel fronts Silverdale Way NW, which carries ±13,000 VPD and benefits from direct connectivity to the region’s primary retail and employment hub.
The Mall has demonstrated its ability to successfully reposition legacy anchors, highlighted by WinCo Foods’ 2022 opening in the former Sears space. Multiple national retailers are in negotiations for pad sites around the mall. The former Macy’s closed in March 2025, creating a clean-slate redevelopment opportunity within a high-performing retail corridor.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
120,088 SF
Building Class
B
Year Built/Renovated
1985/1999
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.26
Lot Size
10.54 AC
Zoning
RC
Parking
500 Spaces (4.16 Spaces per 1,000 SF Leased)
Frontage
513’ on Silverdale Way

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Jan 0000

The year was 1982. Jim Disbrow and Scott Lowery had recently moved to Ohio from Buffalo, New York. All was fine until one day when the two were craving wings. Not just ordinary wings, but authentic Buffalo, New York-style chicken wings. With none to be found nearby, Jim and Scott had two choices: road trip to New York, or open a wing joint close to home. Lucky for them, they chose the latter. Hence, the beginning of Buffalo Wild Wings & Weck, now Buffalo Wild Wings®, the welcoming neighborhood atmosphere with a front-row seat for every sports fan that offers mouth-watering signature sauces and seasonings.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - Jan 0000
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

World Of Beer
Starbucks
Chase Bank
Red Robin
Applebee's
Olive Garden
WinCo Foods
Club Pilates
Columbia Bank
Safeway

Property Taxes

Property Taxes

Parcel Number
162501-2-089-2008
Land Assessment
$4,770,819 CAD
Improvements Assessment
$967,618 CAD
Total Assessment
$5,738,437 CAD
  • Listing ID: 39907322

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 10315 Silverdale Way NW, Silverdale, WA 98383

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