1721 Parks Hwy, Wasilla, AK 99654

14,723 SF | Retail Building | Wasilla, AK 99654 | $10,175,439 ($691/SF) | 5.70% Cap Rate

For Sale

Active

9 pictures

Asking Price $10,175,439

Property Type: Retail
Square Feet: 14,723 SF
Price / Square Foot: $691

Listing Contacts

Kase Abusharkh

Property Info

Property Overview

This is the opportunity to purchase an absolute NNN leased Walgreens. The lease calls for zero landlord obligations. This Walgreens is the #1 store in the state of Alaska (1of 11) per Placer AI, guaranteeing stability of income stream. This top performing store includes a drive-thru boosting sales revenue. This Walgreens is an outparcel to Target and Michael's anchored shopping center. The site is located off a signalized hard corner intersection and surrounded by a strong mix of national and local retailers including Fred Meyer, The Home
Depot, Petco, Starbucks, Raising Cane's, and more.

Property Details

Class: B
Year Built: 2008
Stories: 1
Property Subtype: Drug Store
Lot Size (sq. ft): 51,401 SF

Highlights

Absolute NNN Lease
Zero Landlord Obligations
Corporate Guarantee - NASDAQ WBA
Outparcel to Target and Michael's-anchored Shopping Center
Strong Surrounding Demographics

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