Arbor Business Park FOR SALE


Kingston, WA
$4,545,000 USD
206-584-6195
, Kingston, WA for Sale
$4,545,000 USD
FOR SALE
1/5
null | 6.2% Cap Rate

Arbor Business Park
Kingston, WA


HIGHLIGHTS

  • MASSIVE MARK-TO-MARKET OPPORTUNITY – ±50% RENTAL UPSIDE
  • HIGH-DEMAND SMALL-BAY INDUSTRIAL
  • ULTRA-LOW VACANCY SUBMARKET
  • NNN LEASE STRUCTURE MINIMIZES EXPENSE RISK
  • STAGGERED LEASE STRUCTURE
  • RARE “ALL-CONTROL” BUSINESS PARK

OVERVIEW

Northmarq is pleased to present Arbor Business Park, a high-performing, value-add industrial asset offering investors a rare opportunity to acquire a multi-tenant small-bay business park with immediate upside and stable in-place cash flow. The property is currently 92.7% occupied, providing strong day-one income, while in-place rents remain nearly 50% below market, creating a clear path to forced appreciation through mark-to-market leasing. With a diversified tenant base and functional suite layout, the asset is well-positioned to capture continued demand from small-bay industrial users. The offering is further supported by the exceptionally tight Kitsap County industrial market, where vacancy has consistently remained near historic lows (±2% range) due to limited new development and strong local demand. With a constrained supply pipeline and rising barriers to entry, existing industrial assets are positioned to benefit from continued rent growth and sustained occupancy levels.

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.