Mixed-Use
McLendon Place
23552/23554 State Route 3, Belfair, WA 98528
Listing Price: $1,599,000
Investment Overview
This investment offering features two separate high quality office / retail buildings stabilized with strong regional tenants such as Mason County Title Company, Intercore Physical Therapy and Farmer‘s Insurance. McLendon Place is uniquely designed to provide the most premier quality office and service retail within Belfair. The property is centrally located directly on high traffic Highway 3 which is the main thoroughfare linking the major cities of Kitsap County including Bremerton (home to the Puget Sound Naval Shipyard and Naval Base), Silverdale (Kitsap County retail and service hub), Port Orchard as well as the direct link to Aberdeen and the ocean front cities of Grays Harbor County. Overall, McLendon Place offers the long term investor an opportunity to acquire a well built and functional office / retail center that will provide stable returns and steady rental growth to satisfy the increasing tenant demand in one of the region‘s desirable future growth markets.
McLendon Place
Investment Highlights
- QUALITY CONSTRUCTION: McLendon Place is perhaps the nicest quality office/retail service project within the Belfair market with a timeless "Class A" design and well built low maintenance construction.
- PASSIVE LEASE STRUCTURE: The passive NNN lease structure allows the Investor to recapture all of the property operating expenses dramatically reducing the exposure to rising inflationary costs.
- GREAT VISIBILITY & SIGNAGE: The project features very prominent monument signage adding valuable exposure to the frontage along Highway 3 with over 20,000 average vehicles per day.
Exclusively Listed By
Financing By
Listing Price: $1,599,000
Investment Highlights
- QUALITY CONSTRUCTION: McLendon Place is perhaps the nicest quality office/retail service project within the Belfair market with a timeless "Class A" design and well built low maintenance construction.
- PASSIVE LEASE STRUCTURE: The passive NNN lease structure allows the Investor to recapture all of the property operating expenses dramatically reducing the exposure to rising inflationary costs.
- GREAT VISIBILITY & SIGNAGE: The project features very prominent monument signage adding valuable exposure to the frontage along Highway 3 with over 20,000 average vehicles per day.
Investment Overview
This investment offering features two separate high quality office / retail buildings stabilized with strong regional tenants such as Mason County Title Company, Intercore Physical Therapy and Farmer‘s Insurance. McLendon Place is uniquely designed to provide the most premier quality office and service retail within Belfair. The property is centrally located directly on high traffic Highway 3 which is the main thoroughfare linking the major cities of Kitsap County including Bremerton (home to the Puget Sound Naval Shipyard and Naval Base), Silverdale (Kitsap County retail and service hub), Port Orchard as well as the direct link to Aberdeen and the ocean front cities of Grays Harbor County. Overall, McLendon Place offers the long term investor an opportunity to acquire a well built and functional office / retail center that will provide stable returns and steady rental growth to satisfy the increasing tenant demand in one of the region‘s desirable future growth markets.
Exclusively Listed By
Financing By
