22173 Viking Avenue NW, Poulsbo, WA 98370 (MLS # 2547297)
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Listing provided courtesy of Northwest MLS; Kidder Mathews
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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.
| LAST UPDATED | 6/29/2026 | TRACT | Poulsbo |
|---|---|---|---|
| YEAR BUILT | 1991 | COMMUNITY | Poulsbo |
| COUNTY | Kitsap | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 165 - Finn Hill |
| HEAT | See Remarks |
| LOT | 2.06 acre(s) |
| MLS STATUS | Active |
| STYLE | 75 - Retail |
| SUBDIVISION | Poulsbo |
| UTILITIES | Sewer Available |
| WATER | See Remarks |
| ZONING | Retail |
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/29/26 2:54 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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