Six-Unit Shopping
For Sale
Contact for pricing
4545 Auto Center Way, Bremerton, WA 98312
Two-building retail property with all units occupied by long-term tenants and professional management in place.
Property Size19,920 SF
Price / SF$140.56
Days on Market49
Property Features for 4545 Auto Center Way
General Information
Standard status
Active
Size
19,920 SF
Property subtype
RETAIL
Occupancy
100%
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Reid Property Management, LLC
(360) 698-4026
Listed By:
Matt Berg
(360) 509-3141
Source:
Moodyscre
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 16 at 8:24AM
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 Reid Property Management, LLC
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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.
Paulson Center is a retail property comprising two buildings with a combined 19,920 sq. ft. of space across six units. All units are occupied by long-term tenants, and the property is professionally managed by Reid Property Management and Matt Berg.
The property is located at 4545 Auto Center Way in Bremerton, with street presence along Auto Center Way and visibility from HWY 3. The surrounding area includes automotive dealerships, shopping, dining, parks, and major commuter routes, with highway access nearby. The site’s six-unit configuration provides an established multi-tenant retail format within a two-building layout.
The property is located at 4545 Auto Center Way in Bremerton, with street presence along Auto Center Way and visibility from HWY 3. The surrounding area includes automotive dealerships, shopping, dining, parks, and major commuter routes, with highway access nearby. The site’s six-unit configuration provides an established multi-tenant retail format within a two-building layout.
Key Highlights
- 19,920 sq. ft. of retail space across two buildings
- Six retail units, fully occupied by long‑term tenants
- Street presence on Auto Center Way in Bremerton
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,913
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,618,260
$4.6M
Cap Rate 7%
$3,298,757
$3.3M
Cap Rate 9%
$2,565,700
$2.6M
Market Conditions
NOI Build-Up for 19,920 SF
Gross rent
$358.6K $18.00/SF
− Vacancy
−$28.7K −$1.44/SF
EGI
$329.9K $16.56/SF
− OpEx
−$99.0K −$4.97/SF
NOI
$230.9K $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%
$4,618,260
Cap Rate 7%
$3,298,757
Cap Rate 9%
$2,565,700
Alternative Uses
Best Use
Retail
$3.30M
$2.89M – $3.85M
NOI $230,913 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.64M
$5.81M – $7.75M
NOI $464,963 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 29%
Electronics 11%
Home Improvements & Furnishings 3%
76
Shops & Services
10,428 visits/mo
0.2 miles
Jack in the Box
Dining
10,364 visits/mo
0.5 miles
Heartland Toyota
Shops & Services
7,534 visits/mo
0.4 miles
Chevron
Shops & Services
5,949 visits/mo
0.5 miles
Verizon
Electronics
4,776 visits/mo
0.5 miles
Demographics for 98312, WA
33,405
Population
14,450
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
96%
High-School Grad
65.7 sq mi
ZIP Area
508
Density / Sq Mi
$85,332
Median Household Income
$50,416
Median Earnings
$1,601
Median Rent
$430,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - Two-building retail property with all units occupied by long-term tenants and professional management in place.
Where is this shopping center located?
The property is located at 4545 Auto Center Way Bremerton, WA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 19,920 sq. ft. of retail space across two buildings; Six retail units, fully occupied by long‑term tenants; Street presence on Auto Center Way in Bremerton
