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    FOR LEASE
    Retail space

    10300 Silverdale Way, Silverdale, WA 98383

    61,000 SF 1.49 ac lot Built 1972
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US90-0717010
    Property summary
    AI-generated overview

    Kitsap Place, a prominent Silverdale, Washington retail center, presents a significant leasing opportunity. This single-story, 850,129 square foot building sits on a substantial 22.78-acre lot (992,297 square feet) and boasts ample parking with 400 spaces. Constructed in 1985 and renovated in 1998, the property offers a well-maintained and established presence in the thriving Silverdale market. Currently, 19,121 square feet of retail space is available for lease, providing a unique chance for expansion or new business establishment. The property's location at 10300 Silverdale Way, Silverdale, WA 98383, offers excellent visibility and accessibility. The building's single-story design ensures ease of access and efficient use of space. This multi-tenant property is situated in Kitsap County and benefits from its established commercial infrastructure. The substantial lot size allows for potential future development or expansion opportunities. This is an exceptional opportunity to secure prime retail space in a high-traffic area of Silverdale. The property's history and established presence make it an attractive option for businesses seeking a strong foothold in the Kitsap County market. The available space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1972
    Total area 61,000 SF
    Lot 1.49 ac (64,904 SF)
    Zoning code RC
    APN 4489-000-009-0003
    UPID US90-0717010
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • T.J. Maxx (Bike/Boat/Book/etc) Store
    • America's Best Contacts & Eyeglasses Physician
    • UPS Access Point location Courier Service Postal Service
    • Ignition Interlock Northwest, Inc. Law Firm
    • Car Toys Electronics & Wireless Store Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $10.74M
    CAP Approach CAP
    $10.88M
    Comparable Approach Comparable
    $10.67M
    Blend (final) Blend
    $10.84M
    Owner & transaction history
    Silverdale Way LLC · 5 yrs held
    Silverdale Way LLC
    since 2021
    Last sale
    $9.8M
    6 recorded transactions
    2023
    2021
    $9.8M
    2013
    $9.5M
    2000
    1999
    $7.0M
    1993
    Zoning & alternative use
    RC · Silverdale, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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