$1,860,000
Est. $9,484/mo22173 Viking Avenue Nw, Poulsbo, WA 98370
• Listed 2026-06-29•24 days on market
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Pleased to present the opportunity to acquire a 2.06 Acre Commercial Investment Property located in Poulsbo, Washington, leased to Puget Collision LLC with 7+ Years of remaining Firm-Term, on a NNN Lease through July 2033, with (2) 5-Year Extension Options. Puget Collision LLC is a rapidly expanding Collision Repair Operator that has grown from 18 to 70 locations across 6 states, under the CARSTAR and Fix Auto brands. The Lease provides 3% Annual Rent Increases on Base Rent + NNN, offering predictable income growth with minimal landlord expense exposure. The investment is further enhanced by an Executed Option and Lease Agreement with Eddy Energy LLC, a Battery Energy Storage Developer, providing up to $45,000 in Non-Refundable Option Payments over 36 months, followed by a 30-Year Energy Storage Lease with 15% Rent Escalations every 5-Years, delivering additional income from the site. Strategically positioned with direct frontage on State Route 3, the primary north-south highway connecting Poulsbo to Bremerton and the Bainbridge Island ferry, the property offers excellent visibility with 31,000+ VPD, and access within a high-traffic commercial corridor. The site benefits from proximity to Naval Base Kitsap, one of the region's largest employers, and the continued growth of Kitsap County's economy, supported by ferry-commuter demand to Seattle and a stable defense-sector employment base, further underpinning the long-term performance of the investment.
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22173 Viking Avenue Nw, Poulsbo, WA 98370
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Based on information submitted to the MLS GRID as of June 29, 2026 at 12:00pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Listed by Kevin G. Verger • Kidder Mathews
Listing updated: June 29, 2026 at 12:00pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2547297
Poulsbo is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 9 days.
$719,954 Sold
8 weeks ago
4 bd•1.5 ba•~2,565 sq ft•Single Family
1460 Nw Swenson Court #19, Poulsbo, WA 98370
6%
Over list
—
Days on market
1.0 mi
Distance
$675,366 Sold
8 weeks ago
3 bd•1 ba•~1,630 sq ft•Single Family
1454 Nw Swenson Court #20, Poulsbo, WA 98370
7%
Over list
—
Days on market
0.9 mi
Distance
$770,000 Sold
2 months ago
3 bd•1 ba•~2,096 sq ft•Single Family
21988 Urdahl Road Nw, Poulsbo, WA 98370
3%
Under list
—
Days on market
0.7 mi
Distance
$615,000 Sold
3 months ago
4 bd•2.5 ba•~2,468 sq ft•Single Family
1897 Regent Avenue Nw, Poulsbo, WA 98370
2%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
