Provided by Northwest Multiple Listing Service, 2024.
Description for 2465 Bethel Avenue, Port Orchard, WA 98366
One of the most pristine office buildings in Port Orchard is hitting the market for the first time since it was built in 2005. The list of features for this property is endless: 100% leased, abundance of parking, sprinkled, highly visible on one of the busiest roads in Port Orchard, no deferred maintenance, shared conference room, shared men’s/women’s bathrooms on each floor, parking access at both sides of the building, etc. Currently, each Tenant is in the midst of short-term, Full-Service Gross Leases, which enables a new owner a large upside in converting the Leases to NNN and locking in longer terms, yielding a Pro Forma CAP of 8.4%. The replacement cost for a building of this stature would be more than DOUBLE the listed asking price.
Property Details
Price History
Source: MLS
| Date | Event | Price | Source |
|---|---|---|---|
| 2024-10-18 21:30:18 | For Sale | $1,550,000 | MLS |
| 2024-10-18 | For Sale | $1,500,000 | MLS |
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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved.Disclaimer: The information contained in this listing has not been verified by listings.com and should be verified by the buyer.
