26119 - 26129 Calvary Ln NE
Kingston WA 98346
Arbor Business Park
26119 - 26129 Calvary Ln NE Kingston WA 98346
Listing #: 712682 | Status: Available | Last Modified: 6/22/2026 |
For Sale
- Phone:(206) 584-6195
- Email:Rvara@northmarq.com
- Office Name:Northmarq Commercial, LLC
- Office Phone:(206) 693-2239
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,545,000.0
- $/SF$ 137.5
- Listing StatusAvailable
- Days on Market60
- Asset ClassIndustrial, High Tech-Flex
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.20 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors
- Semi-Dock Doors
- Grade Level Door Count
- Crane Count
- 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 TypeIndustrial
- Office TypeOther
- InvestmentYes
- Building ClassB
- CountyKitsap
- Vicinity
- Location Description
- Second Address
- Cross StreetBond Road
- Market AreaKingston
- Tax ID #292702-3-068-2003
- Additional Parcels2385326
- ZoningRural Employment Center
- Year Built2001
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Arbor Business Park
We are pleased to present Arbor Business Park, a high-performing, value-add industrial asset offering investors a rare opportunity to acquire a multi-tenant small-bay business park with immediate upside and stable in-place cash flow. The property is currently 92.7% occupied, providing strong day-one income, while in-place rents remain nearly 50% below market, creating a clear path to forced appreciation through mark-to-market leasing. With a diversified tenant base and functional suite layout, the asset is well-positioned to capture continued demand from small-bay industrial users. The offering is further supported by the exceptionally tight Kitsap County industrial market, where vacancy has consistently remained near historic lows (±2% range) due to limited new development and strong local demand. With a constrained supply pipeline and rising barriers to entry, existing industrial assets are positioned to benefit from continued rent growth and sustained occupancy levels.
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.
