Asking Price
Area Size
NOI Net Operating Income
Cap Rate

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 1999
Building Area Net
Land Area Net ()
Rentable Area
Occupancy 100.0 %

Property description

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire Bucklin Place (the “Property” or “Site”), a uniquely positioned retail property located in Silverdale, Washington, just across the Puget Sound from Seattle. The Site includes 55,521 square feet of existing, 100% leased retail space and a 672 square foot coffee kiosk under development, totaling 56,193 square feet. The offering benefits from an investment grade tenant in the form of Tractor Supply (Ticker: TSCO) and below market vacancy rates, altogether yielding reliable cash flow. The Site provides additional upside through the soon-to-be coffee drive thru, Caffe Cocina, which will further enhance daily traffic.


Traffic volume for this area currently amounts to 40,000 vehicles per day, making it highly accessible to the Silverdale and greater Kitsap County population. This retail offering is prominently located in the heart of Silverdale’s greater community center that features a diverse mix of restaurants, schools, experiential retail locations, and medical tenants. The unique geographic location of Silverdale fosters a captive customer audience, ultimately making it the retail capital of the Kitsap Peninsula. The Property provides a rare opportunity to own a 100% occupied, long-term leased investment that includes strong credit tenancy in Kitsap’s retail epicenter. 

Investment highlights

  • 100% occupied under long-term leases
  • Diverse tenant mix anchored by credit 
  • Dynamic new property currently under development
  • Located in dominant retail market
  • Strong and growing employment base
Last Updated Date: 23 Aug 2022

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 23 Aug 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.