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Tremont Professional Bldg 104 Tremont Ave 5,592 SF 100% Leased Office Building Port Orchard, WA 98366 $1,335,991 CAD ($238.91 CAD/SF) 7.02% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic location.
- Close proximity to Highway 16 and Downtown Port Orchard.
- Beautifully Landscaped Grounds
EXECUTIVE SUMMARY
Over 5,000sf, 2-story Office Building located just blocks from Highway 16, close to Port Orchard Medical Center and off the busy Tremont Street, which is the main thoroughfare into the heart of Port Orchard. This building is surrounded by beautifully landscaped grounds and is considered to be in good condition throughout. You can access the building from both Upper and Lower floors. There is a total of 4 suites. Great tenants. Signage included. Leases have been updated and now reflect a higher cap rate of 7.02%.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,592 SF
Building Class
B
Year Built
1991
Price
$1,335,991 CAD
Price Per SF
$238.91 CAD
Cap Rate
7.02%
NOI
$93,787 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,796 SF
Slab To Slab
10’
Building FAR
0.18
Lot Size
0.72 AC
Opportunity Zone
Yes
Zoning
CC - Commercial Corridor within the City of Port Orchard.
Parking
25 Spaces (4.47 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 352401-3-030-2004 | Total Assessment | $1,237,015 CAD (2026) |
| Land Assessment | $478,805 CAD (2026) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $758,211 CAD (2026) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
352401-3-030-2004
Land Assessment
$478,805 CAD (2026)
Improvements Assessment
$758,211 CAD (2026)
Total Assessment
$1,237,015 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Tremont Professional Bldg | 104 Tremont Ave
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