Stand-Alone Retail Building with
3936 NW Randall Way Silverdale, WA 98383
New
For Sale
$2,175,000
Two-story stand-alone retail building with ample on-site parking and strong street visibility near major retail and medical uses.
Days on Market4
Property Features for 3936 NW Randall Way
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
NAI Puget Sound Properties
(253) 203-1325
Listed By:
Kim Marvik · License #MARVIKD459R
Source:
Naiglobal
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 4:30AM
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 NAI Puget Sound Properties
Investment Insights
Based on property information with market context.
This stand-alone commercial retail building offers a flexible two-story floor plan designed for long-term functionality. The property includes ample on-site parking and benefits from excellent street visibility, supporting everyday customer access.
Located within Silverdale’s commercial corridor, the building sits near Kitsap Mall, St. Michael Medical Center, and numerous national retailers. Convenient access to Highway 3 further supports connectivity for employees and visitors.
The configuration and stand-alone nature make the building a straightforward option for an owner-occupant or tenant seeking a dedicated retail facility in a developed commercial area.
Located within Silverdale’s commercial corridor, the building sits near Kitsap Mall, St. Michael Medical Center, and numerous national retailers. Convenient access to Highway 3 further supports connectivity for employees and visitors.
The configuration and stand-alone nature make the building a straightforward option for an owner-occupant or tenant seeking a dedicated retail facility in a developed commercial area.
Key Highlights
- For sale: $2,175,000.
- Two‑story stand‑alone commercial retail building in Silverdale’s commercial corridor.
- Located near Kitsap Mall and St. Michael Medical Center, plus national retailers.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.3k | $18.00 |
| − Vacancy | −$8.6k | −$1.44 |
| EGI | $98.7k | $16.56 |
| − OpEx | −$29.6k | −$4.97 |
| NOI | $69.1k | $11.59 |
5,961 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$987.1K
$863.8K – $1.15M
NOI $69,100 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,139 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Two-story stand-alone retail building with ample on-site parking and strong street visibility near major retail and medical uses.
Where is this retail space located?
The property is located at 3936 NW Randall Way Silverdale, WA.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: For sale: $2,175,000.; Two‑story stand‑alone commercial retail building in Silverdale’s commercial corridor.; Located near Kitsap Mall and St. Michael Medical Center, plus national retailers.
