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Arbor Business Park Portfolio

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Arbor Business Park Portfolio

26119 26135 Calvary Ln NE, Kingston, WA 98346
Office,Industrial For Sale Available Cap Rate 5.68% Built 2001 2 floors Zoning: Rural Employment Center
Asking Price
$5,135,000
Total Building33,050 SF
Available33,050 SF avail
Land225,206 SF land
MarketKingston
CountyKitsap

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
202640
Listing ID
691948
Type
Industrial
Asset Class
Office,Industrial
Zoning
Rural Employment Center

Description

This exceptional investment opportunity includes five light-industrial warehouse buildings and three undeveloped lots in the well-established Arbor Business Park, offering significant potential for growth and long-term value.Currently, the five buildings (valued at $4,465,000 or $135.10/sf) produce an NOI of $300,572 at a CAP rate of 6.7%. The three vacant lots (valued at $670,000 or $7.99/sf) are fully serviced and pre-approved for development.Designed with both quality and sustainability in mind, this project has been recognized with awards for its superior construction and environmentally-friendly building methods and materials. Arbor Business Park is a 2001 binding site plan and designates each building and lot with its own tax parcel. The buyer may sell one or more buildings or

Listing Courtesy of:

KM
Kelly Muldrow, CCIM
Windermere Commercial / ERES
360 Tormey Lane NE, Suite 298,
Bainbridge Island, WA 98110
State: WA City: Kingston ZIP: 98346 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.