Your email has been sent.
Bremerton Station 4321 Wheaton Way 177,639 SF 81% Leased Retail Building Bremerton, WA 98310 $25,921,761 CAD ($145.92 CAD/SF) 5.45% Cap Rate



Executive Summary
WA. The property is leased to Wilco, Floor & Décor, Grocery Outlet, and Planet Fitness, all offering long-term stability with national
and regional brand recognition. Bremerton Station is strategically positioned along Wheaton Way (State Route 303) and NE Riddell
Road, one of the city’s major thoroughfares with approximately 80,744 vehicles per day at the intersection. The center benefits from
strong nearby anchors and a dense residential population, with convenient access to Downtown Bremerton, the Puget Sound Naval
Shipyard, and ferry services to Seattle.
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Floor & Decor began in 2000 as a specialty retailer focusing on hard-surface flooring options. The company provides tile, natural stone, hardwood, laminate, and vinyl flooring products. They also offer decorative materials and installation accessories. Serving homeowners, contractors, and commercial clients, Floor & Decor operates numerous large-format warehouse stores nationwide. The business emphasizes extensive inventory and low pricing for its customers. Over the years, they've expanded their market presence through new store openings while maintaining their core flooring specialty.
Grocery Outlet Holding Corp. is an American discount grocery retailer founded in 1946 by James Read in San Francisco, California. The company operates a network of independently owned and operated stores under the Grocery Outlet Bargain Market banner. Its business model focuses on opportunistic purchasing of surplus, overstock, and closeout products from major manufacturers, allowing customers to save 40–70% compared to conventional retail prices. As of late 2025, the company operates over 535 stores across 16 states, with California being its largest market. The Campbell location serves the South Bay area, offering groceries, fresh produce, frozen foods, health and beauty products, and household essentials at significant discounts.
Planet Fitness began in 1992 when Michael and Marc Grondahl bought a failing Gold's Gym in Dover, New Hampshire. The company created a welcoming environment for casual exercisers with its Judgement Free Zone concept. Planet Fitness grew rapidly through franchising, becoming one of the largest fitness chains globally. The business model focuses on affordability and accessibility with low membership fees. The company provides cardio and strength equipment, free fitness training, and various membership options. Planet Fitness operates thousands of locations worldwide.
The largest agricultural supply cooperative in the Pacific Northwest. With over 3000 grower-members and over 100,000 customers, Wilco's been in business with Retail Farm Stores, Bulk Fuel Services, and Agronomy services since 1967. Wilco has a strong commitment to the Wilco Core Values and local communities. They strive to be a progressive and innovative coop in the great Pacific Northwest. With Agronomy Centers, Farm Stores, and Bulk Petroleum, they are here to help with everyone's agriculture needs. Wilco serves consumers as well as growers through 26 locations including 18 Farm Stores carrying everything from fencing and feed to pet supplies and work clothing. Their full-service agronomy centers serve major grower/farmers in the northwest with consulting services, crop protection, and crop nutrients through a team of highly skilled full-time agronomists.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 55,045 SF | - | Triple Net | Apr 2039 | |
|
Retailer | 23,885 SF | - | Triple Net | Apr 2036 | |
|
Arts, Entertainment, and Recreation | 23,000 SF | - | Triple Net | Jan 2030 | |
|
Retailer | 37,000 SF | - | Triple Net | May 2033 |
Nearby Major Retailers
Presented by
Bremerton Station | 4321 Wheaton Way
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
