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Multi-Tenant Retail Center with Parcel
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1386 SE Lund Ave, Port Orchard, WA 98336

79% occupied multi-tenant retail center anchored by Sherwin-Williams, with an adjacent commercially zoned four-acre development parcel.

Property SizeContact for details
Days on Market122

Property Features for 1386 SE Lund Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 79%

Building Details

Tenancy Multi
Listing Agency: Kidder Mathews Seattle
Listed By: David Gellner · License #WA 112893
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:30AM

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 Seattle

Investment Insights

Based on property information with market context.

Tremont Place is a value-add multi-tenant retail center in Port Orchard, Washington, anchored by Sherwin-Williams, which comprises 30% of the GLA. The center is currently 79% occupied and includes retail buildings plus an adjacent commercially-zoned four-acre parcel to the west of the retail center. That western parcel also includes a pad site, supporting additional development opportunities.

The property is located near the main commercial intersection in Port Orchard. The center benefits from daily-needs retail co-tenancy draw with Safeway, Walmart, and Big Lots in the submarket, along with high combined traffic counts.

The retail buildings and the adjacent development parcel with pad site can be purchased together or separately.

Key Highlights

  • 79% occupied, multi‑tenant retail center in Port Orchard, WA anchored by Sherwin‑Williams (30% of GLA)
  • Value‑add through lease‑up of available retail space
  • Commercially zoned four‑acre parcel to the west of the retail center with development opportunity

Property Analytics

Current Use

Commercial Driver School Vocational School Tapatios Mexican Grill ... Restaurant Irish Brothers Llc Construction Company T&N nail spa Hair Salon Haukli Marianne Alternative Medicine Practice

Suggested Use

Top Pick HVAC Service Hair Salon Building Supply Accounting Firm Kitchen & Bath Showroom Storage Facility

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

79%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
308k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 35% Dining 26% Shops & Services 18% Groceries 13%
Walmart Superstores
106,972 visits/mo 0.2 miles
Safeway Groceries
41,188 visits/mo 0.1 miles
Safeway Gas Shops & Services
26,875 visits/mo 0.2 miles
Wendy's Dining
23,972 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
18,969 visits/mo 0.2 miles

Demographics for 98336, WA

906
Population
369
Households
2.5
Avg Household Size
49
Median Age
14%
College-Educated
80%
High-School Grad
66.9 sq mi
ZIP Area
14
Density / Sq Mi
$44,083
Median Earnings
$244,600
Median Home Value

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
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Similar Off Market Nearby

  • Bethel Centre SE Piperberry Way, Port Orchard, WA 98366
  • Tremont Place SE Lund Ave, Port Orchard, WA 98366
  • Coinstar Kiosk | Bitcoin ATM Safeway, Bethel Junction, 3355 Bethel Rd SE, Port Orchard, WA 98366

Frequently Asked Questions

What type of property is this?
Shopping center - 79% occupied multi-tenant retail center anchored by Sherwin-Williams, with an adjacent commercially zoned four-acre development parcel.
Where is this shopping center located?
The property is located at 1386 SE Lund Ave Port Orchard, WA.
What are key features of this property?
This property features: 79% occupied, multi‑tenant retail center in Port Orchard, WA anchored by Sherwin‑Williams (30% of GLA); Value‑add through lease‑up of available retail space; Commercially zoned four‑acre parcel to the west of the retail center with development opportunity
(206) 296-9600 Call to check price and availability
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