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31644551
31644550

20730 Bond Rd NE, Poulsbo, WA 98370 For Sale

RV
WA 135292
Northmarq - Seattle
MB
WA 21032705
Northmarq - Seattle
Listed by Northmarq - Seattle
$2,150,000
97 days on market
Updated 80 days ago

North Kitsap Medical Center - Bldg A

Details
APN 142601-2-039-2000
Property Type Office, Retail
Sub Type Executive Office, Medical Office (+1)
Square Footage 20,326
Net Rentable (SqFt) 20,326
Units 15
Occupancy 37%
Tenancy Multi
Price per SqFt $106
Broker Co-Op Yes
Year Built 1987
Buildings 1
Acreage 1.320
Zoning C-3
Parking Spaces 77 spaces
Parking per 1,000 SqFt 3.79
Investment Type Owner/User
Occupancy Date 04/07/2026

VALUE-ADD OR OWNER/USER OPPORTUNITY WITH TREMENDOUS UPSIDE

Marketing description

Northmarq presents North Kitsap Medical Center - Building A, a compelling opportunity to acquire a strategically located medical office asset in the heart of Poulsbo, serving the broader and highly desirable North Kitsap submarket. The property benefits from strong underlying demographics, including an affluent and aging population that continues to drive increasing demand for outpatient healthcare services.

The asset offers investors the ability to capitalize on a supply-constrained medical office market characterized by high barriers to entry and limited new development. Medical office tenants provide durable, long-term income supported by operational stickiness, resulting in reduced turnover and stable cash flow. Whether pursued as an owner/user or a value-add opportunity through lease-up or repositioning, North Kitsap Medical Center - Building A offers strong fundamentals and long-term upside in one of Kitsap County’s most sought-after and growing healthcare corridors.

Investment highlights

  • IDEAL MEDICAL OFFICE LOCATION SERVING UNDERSUPPLIED NORTH KITSAP
  • PROXIMITY TO MAJOR HEALTHCARE & REFERRAL NETWORKS
  • STRONG DEMOGRAPHICS DRIVING HEALTHCARE DEMAND
  • EXCELLENT ACCESSIBILITY FOR PATIENTS & STAFF
  • HIGH BARRIERS TO ENTRY FOR NEW MEDICAL DEVELOPMENT
  • VALUE-ADD OR STABLE INCOME OPPORTUNITY

Listing Contacts

RV
WA 135292
Northmarq - Seattle
MB
WA 21032705
Northmarq - Seattle
Listed by Northmarq - Seattle

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Additional Information

Name
RJ Vara
License
135292
Brokerage
Northmarq
Brokerage Phone
2068443505
Title
Real Estate Broker
Brokerage Address
130 Nickerson Street
Name
Mike Babicz
License
21032705
Brokerage Phone
4254499284
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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