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    3001 Mile Hill Dr Port Orchard, WA 98366

    For Lease
    $22 SF/Yr ($7,865 /Mo)

    Prime Retail, Multiple Units Available

    Lot size:
    4,290 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 3001 Mile Hill Drive in Port Orchard, Washington, 98366, offers 4,290 square feet of completely vacant space, ideal for multiple tenants. The property is zoned for commercial use and is situated in Kitsap County. Flexible lease terms are available for spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,890 square feet. This presents a unique opportunity for businesses seeking a prominent location in a thriving community. The building's prime location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong customer engagement. With its versatile layout and ample space, this property is suitable for a variety of retail businesses. The entire 4,290 square foot building is currently available for lease, providing a blank canvas for a single large tenant or the opportunity to create a vibrant retail center with multiple occupants. Interested parties are encouraged to inquire about lease terms and explore the possibilities this exceptional property offers. The property's address is easily accessible and benefits from convenient access to major transportation routes. This is a rare opportunity to secure a significant retail presence in a desirable location.

    Property Features for 3001 Mile Hill Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,290 SF
    Total Rate
    7865

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,890 SF
    Rate per SF
    $22
    Space
    Available Space
    Size
    1,400 SF
    Rate per SF
    $22

    HighLights

    • High‑visibility endcap space with drive‑thru.
    • Located in a strong Albertsons‑anchored shopping center.
    • Excellent location on high‑traffic Mile Hill Drive in Port Orchard, boasting over 17,000 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mike Gribbin Agency: ... Insurance Agency Super Wok Chinese Takeaway Desert Sun Tanning ... Tanning Salon Subway Caterer

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orchard
    County
    Kitsap
    State
    Washington
    Longitude
    -122.6127887
    Latitude
    47.534555

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, Multiple Units Available
    Where is this retail property located?
    The property is located at 3001 Mile Hill Dr Port Orchard, WA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: High-visibility endcap space with drive-thru.; Located in a strong Albertsons-anchored shopping center.; Excellent location on high-traffic Mile Hill Drive in Port Orchard, boasting over 17,000 vehicles per day.
    Request Owner's contact information
    3001 Mile Hill Dr Port Orchard, WA 98366
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    Realmo Value Estimation

    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.

    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.

    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
    3001 Mile Hill Dr Port Orchard, WA 98366
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