9633 Levin Road Northwest · Silverdale, WA 98383 · Medical Office
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Anchored by Microsoft Corporation (NASDAQ: MSFT)
NNN Professional Center w/ Minimal Landlord Responsibilities
Healthcare and Financial Services-Oriented Tenancy
Recent Renovations + Well-Maintained Property
Dominant Silverdale Retail Trade Area | $1.2B+ Annual Consumer Spending
Adjacent to St. Michael’s Medical Center | $645M Expansion
High Barrier-to-Entry Submarket with 3.1% Vacancy Rate
The Brown Group of Marcus & Millichap has been selected to exclusively market for sale Creekside Professional Center, a NNN professional and medical center in Silverdale, Washington. The property is anchored by Microsoft, which occupies ~ 22% of the GLA and has maintained tenancy for 9+ years, providing exceptional credit strength to the rent roll. The other 78% of the GLA is leased by medical, dental, and financial services tenants — e-commerce resistant, necessity-based uses. All 9 tenants operate on NNN leases with minimal landlord responsibilities. The property is well maintained and recently received parking lot, HVAC, heat pump, and sprinkler upgrades. It is located within the Silverdale retail trade area — the commercial hub of the Kitsap Peninsula generating $1.2B+ in annual consumer spending – and is just 0.8 miles from St. Michael Medical Center, the leading healthcare provider on the Kitsap Peninsula. The Silverdale office and healthcare submarket carries a vacancy rate of just 3.1% with 3.8% year-over-year rent growth and virtually no new supply delivered or under construction, creating a high barrier-to-entry environment. Within three miles, the population has grown over 13% in the past decade with average household incomes exceeding $120,000. Washington's lack of state income tax further enhances after-tax returns.
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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.