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4300 Wheaton Way, Bremerton WA

Property Description

MAJ Commercial Real Estate is excited to present an investment opportunity to acquire a single-tenant ground lease property in Bremerton, WA. This property is leased to Wendy’s on a brand new 20-year initial term that commenced on March 22, 2024. The lease features a 10% rent increase every five years, including during the tenant’s option periods, ensuring a steady and growing income stream. Situated within the newly revitalized Bremerton Station Shopping Center, Wendy’s benefits from a high-traffic location with prominent co-tenants such as Floor and Décor, Planet Fitness, Grocery Outlet, Chipotle, and Wilco.

Basic Details
Property Type : Retail
Listing Type : For Sale
Price : $2,421,000
Bldg Size : 2,364 Sqft
Available Space : 2,364 Sqft
Listing ID : 1641
Cap Rate : 4.75
NOI : 115000
Retail For Sale
  • Listing ID : 1641
  • Bldg Size : 2,364 Sqft
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