Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    4020 Wheaton Way Bremerton, WA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available for rent in Bremerton, Washington.

    Type:OFFICE
    Property size:
    1,194 SF
    Lot size:
    0.51 Acres
    Added:
    Sep 1, 2022
    Days on Market:
    1345
    Last Refresh:
    Apr 5 at 8:47 pm

    Property Features for 4020 Wheaton Way

    General Information

    Standard status
    Active
    Size
    1,194 SF
    Lot size
    0.51 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 4020 Wheaton Way Contact us

    We can help!

    Listing Contact
    Chris Wray

    Listing agent Chris Wray

    Listing office Bradley Scott Commercial Real Estate

    Listing date Sep 1, 2022

    Source Moodyscre

    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 Bradley Scott Commercial Real Estate

    HighLights

    • Tax ID #: 39940000040008

    Overview

    Bremerton Office Space Available

    An office space is available for rent at 4020 Wheaton Way in Bremerton, Washington. The property encompasses a total area of 1194 square feet. The tax identification number for this property is 39940000040008.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tuazon Jacqueline DDS Dental Office Kitsap Soccer Club Nightclub Conner Hearing Aid ... Hearing Aid Store CHRISTOPHER J KERR ... Dental Office Alpine Chiropractic Clinic Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bremerton
    County
    Kitsap
    State
    Washington
    Longitude
    -122.628
    Latitude
    47.601

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      WA, Bremerton - Warren Ave

      400 Warren Ave Ste 450, Unit 4TH, Bremerton, WA 98337
      View Details
    • $2,025/Mo

      Office Space on Kitsap Way

      Office space available January 2026 in thriving Bremerton area.
      3721 Kitsap Way, Bremerton, WA 98312
      View Details
    • $6,240/Mo

      Office and Heated Warehouse Space

      Ground-level office and heated warehouse space near Highway 3.
      128 Oyster Bay Ave S, Bremerton, WA 98312
      View Details
    • $6,240/Mo

      Office and Heated Warehouse Space

      Versatile industrial/flex space with office, heated warehouse, and parking.
      128 Oyster Bay Ave S, Bremerton, WA 98312
      View Details
    • $25 SF/Yr

      Bremerton Retail/Office Space Available

      Retail/Office space for lease in West Bremerton submarket.
      5373 Auto Center Way, Bremerton, WA 98312
      View Details
    • $4,461/Mo

      Office or Retail Space Available

      Office or retail space with great signage and ample parking.
      3330 Kitsap Way, Bremerton, WA 98312
      View Details
    • Contact for pricing

      Bremerton Retail/Office Space Available

      Retail/Office space for lease in West Bremerton submarket.
      5373 Auto Center Way, Bremerton, WA 98312
      View Details
    • $10,719/Mo

      Restaurant Building with High Visibility

      Near-move-in-ready restaurant building with high traffic location.
      4180 Kitsap Way, Bremerton, WA 98312
      View Details
    • $7,245/Mo

      Retail Space on Kitsap Way

      Well-maintained retail space available in Bremerton, near Seattle ferry.
      5002 Kitsap Way, Bremerton, WA 98312
      View Details
    • $15 SF/Yr

      Medical Office Space Available

      Medical office space with multiple exam rooms and storage.
      3036 Perry Ave, Bremerton, WA
      View Details
    • $6,250/Mo

      Versatile Industrial/Flex Space Available

      Industrial/flex space with office, warehouse, and secure yard in Bremerton.
      128-130 Oyster Bay Ave S, Bremerton, WA
      View Details
    • $2,947/Mo

      High-Traffic Retail Space Available

      Retail space with high visibility and parking in Bremerton.
      301 Callow Ave, Bremerton, WA 98312
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available for rent in Bremerton, Washington.
    Where is this office units located?
    The property is located at 4020 Wheaton Way Bremerton, WA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Tax ID #: 39940000040008
    (360) 479-6900 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Wray
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4020 Wheaton Way, Bremerton, WA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!