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Multi-Tenant NNN Investment 1107 N Callow Ave 17,600 SF 100% Leased Retail Building Bremerton, WA 98312 $4,509,311 CAD ($256.21 CAD/SF) 7% Cap Rate



Executive Summary
Temmel Real Estate is pleased to present the opportunity to acquire a stabilized, multi-tenant NNN investment property in Bremerton, Washington. Strategically positioned on a busy, signalized corner shadow-anchored by Safeway, the property features a strong and diverse tenant mix, including 7-Eleven, Little Caesars, Metro by T-Mobile, The Reef Cannabis, and Dogpaw Design, a custom concrete contractor. The retail Tenants have long-term leases in place, offering investors predictable cash flow. Additionally, Dogpaw Design is on a month-to-month lease representing an attractive value-add or repositioning opportunity for the next Owner.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
17,600 SF
Building Class
B
Year Built/Renovated
1956/1987
Price
$4,509,311 CAD
Price Per SF
$256.21 CAD
Cap Rate
7%
NOI
$315,709 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.52
Lot Size
0.77 AC
Zoning
DCC
Parking
39 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 152401-1-155-2001 | Improvements Assessment | $1,507,844 CAD |
| Land Assessment | $311,602 CAD | Total Assessment | $1,819,446 CAD |
Property Taxes
Parcel Number
152401-1-155-2001
Land Assessment
$311,602 CAD
Improvements Assessment
$1,507,844 CAD
Total Assessment
$1,819,446 CAD
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Multi-Tenant NNN Investment | 1107 N Callow Ave
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