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Shopping Neighborhood

McLendon Place

23552 WA-3, Belfair, WA 98528

Listing Price: $1,599,000

Cap Rate
7.13%
Gross SF
8,104
Rentable SF
8,104
Price/Gross SF
$197.31
Lot Size
1.01 acres
Year Built
2005

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.

Investment Highlights

  • QUALITY CONSTRUCTION
  • PREMIER DESTINATION CENTER
  • STRATEGIC LOCATION
  • PASSIVE LEASE STRUCTURE
  • GREAT VISIBILITY & SIGNAGE
  • EXCELLENT ACCESS & PARKING

Exclusively Listed By

Financing By

Shopping Neighborhood

McLendon Place

Listing Price: $1,599,000

Cap Rate
7.13%
Gross SF
8,104
Rentable SF
8,104
Price/Gross SF
$197.31
Lot Size
1.01 acres
Year Built
2005

Investment Highlights

  • QUALITY CONSTRUCTION
  • PREMIER DESTINATION CENTER
  • STRATEGIC LOCATION
  • PASSIVE LEASE STRUCTURE
  • GREAT VISIBILITY & SIGNAGE
  • EXCELLENT ACCESS & PARKING

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

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