1353-1397 Olney Ave SE Port Orchard, WA

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at 1353-1397 Olney Ave SE Contact us

Listing office Kidder Mathews d***@kidder.com Show Phone

Listing date Sep 27, 2022

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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

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FAQs

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.