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29,900 SQFT Retail Complex in Poulsbo Hits the Market for $7.2MM
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29,900 SQFT Retail Complex in Poulsbo Hits the Market for $7.2MM
Liberty Center, a three-building retail complex in Poulsbo, has been listed for sale at $7.2 million, or about $240 per square foot. The 29,921-square-foot property sits on 2.03 acres along Highway 305, Poulsbo’s main commercial corridor. The complex, represented by Newmark, is currently 80 percent leased and generates a net operating income (NOI) of $449,215, translating into a 6.24 percent capitalization rate. With additional leasing of vacant…
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