21401 Olhava NW Way Poulsbo, WA 98370
This exceptional 2,600 square foot retail space presents a remarkable opportunity for businesses seeking a high-visibility location in the thriving Poulsbo, Washington market. Situated in Kitsap County, this single-tenant building is ideally positioned adjacent to a newly constructed Chipotle restaurant featuring a Chipotlane drive-thru for mobile orders. This strategic placement ensures high foot traffic and convenient access for customers. The building's completion is anticipated for June/July 2023, providing prospective tenants with the potential to commence operations before the year's end. The property boasts a spacious and adaptable floor plan, perfect for a variety of retail concepts. The surrounding area is anchored by a robust mix of established businesses, including major retailers such as Walmart, Home Depot, Wendy's, T-Mobile, Petco, Big 5 Sporting Goods, and Jack in the Box, creating a strong commercial ecosystem and significant consumer draw. This location offers unparalleled exposure and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in a dynamic and growing community. The entire 2,600 square feet is currently vacant and ready for immediate occupancy upon completion.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CITY · Poulsbo, WACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.