Stand-Alone Retail Building with
For Sale
$2,175,000
3936 NW Randall Way, Silverdale, WA 98383
Two-story stand-alone retail building with ample on-site parking and strong street visibility near major retail and medical uses.
Property Size5,961 SF
Days on Market95
Property Features for 3936 NW Randall Way
General Information
Standard status
Active
Size
5,961 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Building Size
5,961 SF
Stories
2
Listing Agency:
NAI Puget Sound Properties
Listed By:
Kim Marvik · License #MARVIKD459R
(253) 203-1325
Source:
Naiglobal
Added: Jul 26
Changed: Oct 26
Last Checked: Oct 28 at 4:58AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$69,100
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,382,000
$1.4M
Cap Rate 7%
$987,143
$987.1K
Cap Rate 9%
$767,778
$767.8K
Market Conditions
NOI Build-Up for 5,961 SF
Gross rent
$107.3K $18.00/SF
− Vacancy
−$8.6K −$1.44/SF
EGI
$98.7K $16.56/SF
− OpEx
−$29.6K −$4.97/SF
NOI
$69.1K $11.59/SF
Area
Kitsap County, WA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,382,000
Cap Rate 7%
$987,143
Cap Rate 9%
$767,778
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
180k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 41%
Shops & Services 30%
Dining 12%
Home Improvements & Furnishings 9%
Safeway
Groceries
61,295 visits/mo
0.5 miles
Taco Bell
Dining
21,225 visits/mo
0.4 miles
Jo-Ann Fabric and Craft
Shops & Services
18,123 visits/mo
0.4 miles
Harbor Freight Tools
Home Improvements & Furnishings
15,734 visits/mo
0.1 miles
Grocery Outlet Bargain Market
Groceries
11,677 visits/mo
0.1 miles
Demographics for 98383, WA
21,565
Population
9,660
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
96%
High-School Grad
17.4 sq mi
ZIP Area
1,239
Density / Sq Mi
$106,902
Median Household Income
$55,005
Median Earnings
$2,076
Median Rent
$565,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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.
