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.