FOR SALE COLLEGE MARKETPLACE 3H/3I Olhava Way Poulsbo, WA Tim Weber Don Whittles Jeremiah Durr Blake Weber
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1 FOR SALE Olhava Way Poulsbo, WA COLLEGE MARKETPLACE 3H/3I Tim Weber Don Whittles Jeremiah Durr Blake Weber First Western Properties Tacoma Inc Tacoma Mall Blvd, Tacoma, WA fwp-inc.com
2 COLLEGE MARKETPLACE PADS 3H/I is a multi tenant strip retail center less than ½ a mile from downtown Poulsbo and two miles from Naval Base Kitsap Bangor. The property includes signalized entry off SR 305 and SR 3 and includes National Tenants like Starbucks and AT&T and local Tenants such as Desert Sun, Sudstar Carwash, Ideal Wellness, and Groovey Bites! TENANTS OLHAVA WAY: $6,598,000 NOI: $346,820 (INCOME) 5.3% CAP RATE SUMMARY Nearly 50% of Poulsbo s retail sales tax revenue is generated by College Marketplace tenants Excellent location on Kitsap Peninsula and great access from 2 interchanges from State Route 3 Subject site is also adjacent to Olympic College. 13,000 students currently enrolled Population Average HH Income Daytime Population Regis Trade Area Demos Primary Secondary 78,664 $97,103 50, ,521 $65, ,825
3 LOCATION AERIAL
4 107 SITE PLAN OLHAVA WAY NW 111 Suite SF Tenant 101 2,000 Starbucks 107 1,670 Groovy Bites 111 1,400 Ideal Wellness 115 2,000 Desert Sun Tanning 121 1,400 AT&T Bldg. 2,080 Sud Star Car Wash
5 TENANT SUMMARY STARBUCKS Since 1971, Starbucks has been committed to ethically sourcing and roasting the highest quality arabica coffee in the world. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Every day, we go to work hoping to do two things: share great coffee with our friends and help make the world a little better. AT&T is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. AT&T is the world s largest telecommunications company. AT&T is also the second largest provider of mobile telephone services and the largest provider of fixed telephone services in the United States. SUDSTAR CARWASH The newest LaserWash in-bay automatic car wash raises the standard for touchless car wash equipment. The cleaning power of the PDQ LaserWash 360 is raised to a new level with the addition of better vehicle chemical coverage with rounded arch corners, smart chemical timing and tilting arch functions. High pressure applications now include the ability to tilt to cover the back of side mirrors and arch oscillation to attack bugs from multiple angles. IDEAL WELLNESS Each week customers are seen in person by their dedicated Ideal Protein weight loss coach. Coaches are trained and certified by Ideal Protein on the Ideal Protein Weight Loss Protocol. Having a coach will helps customers achieve their weight loss goals sooner and helps them maintain their weight loss. DESERT SUN TANNING offers a premier selection of Sunbed tanning, Sunless Spray Tans, and Professional Airbrushing for a natural-looking bronze glow, Slimming Infrared Body Wraps that help manage pain, Anti-aging Red Light Therapy that treats a variety of skin conditions. GROOVY BITES Groovey Bites is a diverse restaurant with options for all. Anyone with or without dietary restrictions can enjoy. Groovey is a feeling of excitement and brings everyone together and letting us prepare their meals and save time for the most important thing, Family Time.
6 CITY SUMMARY POULSBO, WA is situated between the Olympic and Cascade Mountains with popular tourist attractions such as three marinas and shopping at downtown Front Street. The Poulsbo ferry has 4 destination stops including Seattle, WA.
7 TACOMA KIRKLAND PORTLAND RETAIL FOCUSED. RESULTS DRIVEN. TIM WEBER BLAKE WEBER JEREMIAH DURR DON WHITTLES First Western Properties Tacoma Inc Tacoma Mall Blvd, Tacoma, WA fwp-inc.com First Western Properties, Inc. DISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Properties are subject to change in price and/or availability without notice.
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