26119 - 26135 Calvary Ln NE
Kingston WA 98346

Arbor Business Park Portfolio

26119 - 26135 Calvary Ln NE Kingston WA 98346

Listing #: 691948 | Status: Available | Last Modified: 11/14/2025 |

For Sale
Kelly Muldrow, CCIM
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 5,135,000.0
  • $/SF$ 155.4
  • Listing StatusAvailable
  • Days on Market315
  • Asset ClassIndustrial, Specialty
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income399,447
  • Vacancy Factor %5.00%
  • Operating Expenses92,309
  • Net Operating Income287,165
  • CAP Rate 6.88 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Industrial Asset Class Info
  • Dock High Doors
  • Semi-Dock Doors
  • Grade Level Door Count
  • Crane Count
Building Information
  • Building StatusExisting
  • # of Buildings5
  • # of Floors2
  • # of Units24
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF33050
  • Net Rentable Area33050
  • Total Office SF6067
  • Largest Contiguous SF
  • Lot SF225206
  • Acres5.17
Property Type
  • Property TypeIndustrial
  • Office TypeOther
  • InvestmentYes
  • Building ClassB
Location
  • CountyKitsap
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetBond Road
  • Market AreaKingston
  • Tax ID #292702-3-069-2002
  • Additional Parcels2385326, 292702-3-068-2003
  • ZoningRural Employment Center
Construction
  • Year Built2001
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

6.88% CAP - Arbor Business Park Portfolio

Public Comments

This exceptional investment opportunity includes five light-industrial warehouse buildings and three undeveloped lots in the well-established Arbor Business Park, offering significant potential for growth and long-term value. Currently, the five buildings (valued at $4,465,000 or $135.10/sf) produce an NOI of $307,000 at a CAP rate of 6.88%. The three vacant lots (valued at $670,000 or $7.99/sf) are fully serviced and pre-approved for development. Designed with both quality and sustainability in mind, this project has been recognized with awards for its superior construction and environmentally-friendly building methods and materials. Arbor Business Park is a 2001 binding site plan and designates each building and lot with its own tax parcel. The buyer may sell one or more buildings o

Public Building Comments

Office space with warehouse below. This is one of 5 buildings. This building built in 2001 has 7600sf on 2 levels. Located right off of Bond Rd in Kingston.

Listing Images