911 Hildebrand Ln NE - Medical FOR SALE


Bainbridge Island, WA 98110- Winslow
$2,225,000 USD
206-584-6195
911 Hildebrand Ln NE, Bainbridge Island, WA for Sale
$2,225,000 USD
Medical - FOR SALE
1/3
null | Request Cap Rate

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911 Hildebrand Ln NE
Bainbridge Island, WA 98110
Winslow


HIGHLIGHTS

  • LOW BASIS WITH LEASE-UP OPPORTUNITY
  • SUBMARKET VACANCY REMAINS STRUCTURALLY CONSTRAINED DESPITE ASSET-LEVEL AVAILABILITY
  • SUPPLY-CONSTRAINED MARKET
  • HIGH-INCOME DEMOGRAPHICS SUPPORT ABOVE-AVERAGE TENANT CREDIT AND RENT STABILITY
  • DEMAND DRIVEN BY LOCAL OFFICE USERS AND HYBRID WORK PATTERNS
  • STRATEGIC FERRY ACCESS EXPANDS TENANT POOL BEYOND IMMEDIATE SUBMARKET

OVERVIEW

Northmarq is pleased to present a rare opportunity to acquire an office asset in the highly supply-constrained Bainbridge Island submarket. Located at 911 Hildebrand, the property sits within one of the Puget Sound’s most affluent and tightly held commercial real estate markets, where limited developable land and strict zoning have resulted in a chronic shortage of office inventory. This lack of supply, combined with strong, consistent demand, supports longterm occupancy and rent growth. Bainbridge Island is defined by its high-income, highly educated population and stable economic base, driving continued demand for local office space from professional and service-oriented tenants. With low vacancy, minimal turnover, and virtually no new development pipeline, the market offers a fundamentally undersupplied environment. This offering provides investors the opportunity to secure a foothold in a premier, demographically driven submarket with durable long-term fundamentals.

FOR SALE DETAILS

PRICE

$2,225,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hildebrand Professional Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

High School Road I

APN/PARCEL ID

262502-2-085-2009

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.