6455 Fletcher Bay Rd Bainbridge Island, WA 98110
Class A facility, high growth potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Class A, 54,775 square foot self-storage facility in Bainbridge Island, WA, built in 2023.
- 44,720 net rentable square feet with 220 units, currently 51% occupied (as of February 3, 2023).
- Prime location, one mile from downtown Bainbridge Island, on a 2.36-acre lot at 6455 Fletcher Bay Rd NE, 98110.
- Features 12+ foot ceilings, ample parking (10 spaces), and is fully climate-controlled.
- Benefits from a permanent moratorium on new self-storage development, creating a supply-constrained market with strong rental growth potential; the only Class A facility of its kind on the island.
- 7.00% pro-forma cap rate; LM zoning; APN 4178-000-028-0105; fee-simple ownership.
Property Details for 6455 Fletcher Bay Rd
- Property type
- Self storage facilities
- Square Feet
- 54,775 SF
- Class
- A
- Year Built/Renovated
- 2018/2023
- Buildings
- 2
- Stories
- 2
- Lot Size (sq. ft)
- 102,802 SF
- Units
- 220
Location Insight
- City
- Bainbridge Island
- County
- Kitsap
- State
- Washington
- Latitude
- 47.622163875068
- Longitude
- -122.54954160049
Nearby Similar for Sale
FAQs
- What type of property is this?
- Self storage facility - Class A facility, high growth potential.
- Where is the self storage facility located?
- The property is located at 6455 Fletcher Bay Rd Bainbridge Island, WA.
- What are key features of this property?
- This property features: Class A, 54,775 square foot self-storage facility in Bainbridge Island, WA, built in 2023.; 44,720 net rentable square feet with 220 units, currently 51% occupied (as of February 3, 2023).; Prime location, one mile from downtown Bainbridge Island, on a 2.36-acre lot at 6455 Fletcher Bay Rd NE, 98110.
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