Address Map
US
Washington
Kitsap
Poulsbo
98370
10th Ave
19980
W123° 21' 46.8''
N47° 44' 41.3''
NE
Additional Information
Erik Swanson
16491
912900
54,014 Sqft
65
Central Plaza
Poulsbo
2
Concrete,Steel
98101
WA
Seattle
601 Union St Ste. 4720
Property Description

Central Plaza is 100% leased to a diverse mix of retail and professional tenants on NNN leases, ensuring a stable income stream with minimal landlord responsibilities. The property is strategically located in Poulsbo’s main commercial corridor, adjacent to the high-traffic Town & Country grocery anchor, benefiting from excellent visibility and accessibility.This offering presents an opportunity to acquire a well-maintained asset in a growing market at a 6.25% cap rate, with an estimated Year-1 Net Operating Income (NOI) of $444,355. The offering price of $7,110,000 ($391/SF) reflects the property’s stable cash flow, high occupancy, and upside potential through scheduled rent increases and continued market growth.

For Sale

19980 10th Ave, Poulsbo, Washington 98370

  • Square Footage: 18,193 Sqft
$7,110,000
Listing ID#693966
QR Code
Basic Details
Property Type : Retail
Listing Type : For Sale
Listing ID : 693966
Price : $7,110,000
Square Footage : 18,193 Sqft
Year Built : 2005
Status : Active
Office Name : Kidder Mathews
Property Sub Type : Retail
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Kidder Mathews