5971 St Hwy 303 NE
OWNER USER OR VALUE-ADD INVESTMENT
Marketing description
Northmarq presents a rare opportunity to acquire a highly visible retail asset located along the heavily trafficked State Highway 303 NE corridor in Bremerton, Washington. The property is strategically positioned within the city’s dominant retail hub, benefiting from immediate proximity to major anchors including Walmart Supercenter and Safeway. This prime location offers consistent consumer draw, driven by a concentration of national retailers and daily-needs shopping that fuels repeat traffic and tenant success.
Bremerton continues to experience significant population growth fueled by regional in-migration and its proximity to major employment drivers, yet new retail development remains extremely limited. The offering represents a compelling opportunity to secure a foothold in a high-growth, supply-constrained market, with strong fundamentals supporting long-term rent growth, tenant stability, and asset appreciation.
Investment highlights
- DOMINANT RETAIL CORRIDOR EXPOSURE
- STRONG CONSUMER TRAFFIC & ACCESSIBILITY
- LOCATED WITHIN BREMERTON’S PRIMARY RETAIL HUB
- FLEXIBLE RETAIL LAYOUT POTENTIAL
- DENSE & GROWING TRADE AREA
- HIGH BARRIERS TO ENTRY FOR COMPETING RETAIL PRODUCT
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