Listed price in listed location currency (USD).
$1,860,000

000

MLS® 2547297

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 2
Lot Size 2.06 Acres
Approx. Age 1991
MLS® Number 2547297

Property Address: 22173 Viking Avenue Nw, Poulsbo, WA, 98370

Average square foot calculated using Size range provided by listing agent.

Description

Pleased to present the opportunity to acquire a 2.06 Acre Commercial Investment Property located in Poulsbo, Washington, leased to Puget Collision LLC with 7+ Years of remaining Firm-Term, on a NNN Lease through July 2033, with (2) 5-Year Extension Options. Puget Collision LLC is a rapidly expanding Collision Repair Operator that has grown from 18 to 70 locations across 6 states, under the CARSTAR and Fix Auto brands. The Lease provides 3% Annual Rent Increases on Base Rent + NNN, offering predictable income growth with minimal landlord expense exposure. The investment is further enhanced by an Executed Option and Lease Agreement with Eddy Energy LLC, a Battery Energy Storage Developer, providing up to $45, 000 in Non-Refundable Option Payments over 36 months, followed by a 30-Year Energy Storage Lease with 15% Rent Escalations every 5-Years, delivering additional income from the site. Strategically positioned with direct frontage on State Route 3, the primary north-south highway connecting Poulsbo to Bremerton and the Bainbridge Island ferry, the property offers excellent visibility with 31, 000+ VPD, and access within a high-traffic commercial corridor. The site benefits from proximity to Naval Base Kitsap, one of the region's largest employers, and the continued growth of Kitsap County's economy, supported by ferry-commuter demand to Seattle and a stable defense-sector employment base, further underpinning the long-term performance of the investment.
MLS® Number2547297
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1991
Basement
Driveway
Garage Spaces
HeatSee Remarks
A/CSee Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 29, 2026List Date
$1,860,000List Price
  • Commute

Commute

Starting Address
Destination Address
22173 Viking Avenue Nw, Poulsbo, WA

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