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Bi-Mart Anchored Shopping Center
For Lease
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1353-1397 Olney Ave SE, Port Orchard, WA

Anchored shopping center in high-growth Seattle suburb.

Space Size5,762 SF - 19,378 SF
Lot Size8.24 Acres
Days on Market1434

Property Features for 1353-1397 Olney Ave SE

General Information

Standard status Active
Size 5,762 SF - 19,378 SF
Lot size 8.24 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1353-1397 Olney Ave SE Contact us

Suite 101 $18/SF/Yr

Size
5,762 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Contact us

Suite 131 $12/SF/Yr

Size
19,378 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Contact us
Listing Agency: Kidder Mathews
Listed By: Tim Weber · License #74701
Source: Moodyscre
Added: Sep 27, 2022 Changed: Aug 8 Last Checked: Aug 29 at 12:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews

Investment Insights

Based on property information with market context.

The Port Orchard Shopping Center offers an opportunity to acquire a Bi-Mart anchored shopping center. The property is located at the heart of a high-growth community outside Seattle. The shopping center has a Weighted Average Lease Term of 9.5 years, offering long-term investment stability. The tenant mix includes discount and e-commerce-proof businesses. Bi-Mart serves as an anchor tenant with brand recognition throughout the Pacific Northwest. Adjacent to the property are Tractor Supply and a top-performing Albertsons (NAPs), which contribute to customer traffic. The property size is 69346 square feet.

Key Highlights

  • Bi‑Mart anchored shopping center in a high‑growth community outside Seattle.
  • Weighted Average Lease Term of 9.5 years provides long‑term investment stability.
  • Desirable mix of discount and e‑commerce‑proof tenants.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
115k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Groceries 30% Shops & Services 19% Home Improvements & Furnishings 13%
Albertsons Groceries
34,165 visits/mo 0.1 miles
Taco Bell Dining
22,513 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
14,488 visits/mo 0.1 miles
Bi-Mart Shops & Services
11,274 visits/mo 0.1 miles
Starbucks Dining
10,776 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Mile Hill Plaza 1488 Olney St SE, Port Orchard, WA 98366
  • Coinstar Kiosk - Bitcoin ATM 1434 Olney Ave Se Albertsons, Port Orchard, WA 98366
  • Coinstar Bitcoin ATM albertsons, 1434 olney ave se, port orchard, wa 98366

Frequently Asked Questions

What type of property is this?
Shopping center - Anchored shopping center in high-growth Seattle suburb.
Where is this shopping center located?
The property is located at 1353-1397 Olney Ave SE Port Orchard, WA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Bi‑Mart anchored shopping center in a high‑growth community outside Seattle.; Weighted Average Lease Term of 9.5 years provides long‑term investment stability.; Desirable mix of discount and e‑commerce‑proof tenants.
(206) 650-0391 Call to check price and availability
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