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Multi-Tenant NNN Investment 1107 N Callow Ave 17,600 sq ft 100% Let Retail Property Bremerton, WA 98312 £2,483,311 (£141.10/sq ft) 7% Net Initial Yield



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
Property Size
17,600 sq ft
Costar Property Class
B
Year Built/Renovated
1956/1987
Price
£2,483,311
Price per sq ft
£141.10
Yield
7%
NOI
£173,863
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Loading Docks
1 Exterior
Plot ratio
0.52
Total Plot Size
0.77 ac
Use Class
DCC
Parking
39 Spaces (2.22 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Bus Route
- Signage
Walk Score®
Easily Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 152401-1-155-2001 | Improvements Assessment | £827,758 |
| Land Assessment | £171,059 | Total Assessment | £998,817 |
PROPERTY TAXES
Parcel Number
152401-1-155-2001
Land Assessment
£171,059
Improvements Assessment
£827,758
Total Assessment
£998,817
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Multi-Tenant NNN Investment | 1107 N Callow Ave
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