5686 NE Minder Rd - Warehouse FOR SALE


Poulsbo, WA 98370
$3,295,000 USD
206-584-6195
5686 NE Minder Rd, Poulsbo, WA for Sale
$3,295,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

5686 NE Minder Rd
Poulsbo, WA 98370


HIGHLIGHTS

  • SIGNIFICANT RENTAL UPSIDE
  • STRONG REGIONAL DEMAND
  • VERSATILE LAYOUT
  • OWNER-USER OPPORTUNITY WITH INCOME
  • HIGH BARRIER TO ENTRY
  • FLEXIBLE ZONING DESIGNATION

OVERVIEW

Northmarq is pleased to present a 21,296 SF industrial warehouse located in Kennedy Industrial Park, a seven-building complex serving North Kitsap County. Centered among Poulsbo, Kingston, and Port Gamble, the property offers direct access to State Route 307 and convenient connections to regional markets via nearby ferry terminals. Currently 75.4% leased to seven tenants, the property provides immediate income with flexibility for an owner-user or investor to capture additional upside. With submarket vacancy sitting below 1% and no new projects in the pipeline, this property offers access to an exceedingly rare asset type in North Kitsap. Historical occupancy has averaged 95% over the past decade, supported by a diverse tenant mix and minimal downtime between leases. Ongoing infrastructure and residential development in North Kitsap further reinforce long-term demand for small-suite industrial space, making this asset well-positioned for future growth.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Kennedy Industrial Park - Building G

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.85

LAND SF

37,226

ZONING

REC

APN/PARCEL ID

292702-3-088-2009

ASK ABOUT THIS PROPERTY

RJ VaraNorthmarqMore Info
206-584-6195

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RJ VaraNorthmarqMore Info
206-584-6195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.