Investment Overview

Marcus & Millichap’s Brown Retail Group has been selected exclusively to market for sale Former 7-Eleven (Owner/User or Redevelopment) located in Port Orchard, WA. The property is a 3,050 square foot convenience store currently leased to 7-Eleven until December, 2025 with monthly rent of $7,707.70. The new owner will be able to open their own convenience store at the property or redevelop the site into another use at the expiration of the term. The Property features roughly 340 feet of frontage on SE Mile Hill Drive (16,000+ VPD) and numerous access points. The Property is ideally located as a pad-site at the main entrance to Towne Square Retail Center, a roughly 154,000 SF shopping center anchored by Grocery Outlet, Goodwill and Ace Hardware. This shopping center recently underwent a significant renovation with over $5,000,000 in improvements including a brand new storefront The Property is also adjacent to South Kitsap High School, a 4A high school enrolling more than 2,650 students per year. Within a 5-mile radius of the Property, the population grew by over 4.4% in the last five years with average household incomes exceeding $93,000.