1721 E Parks Hwy - Drug Store FOR SALE


Wasilla, AK 99654
$10,175,439 USD
925-348-1844
1721 E Parks Hwy, Wasilla, AK for Sale
$10,175,439 USD
Drug Store - FOR SALE
1/10
null | 5.7% Cap Rate

1721 E Parks Hwy
Wasilla, AK 99654


HIGHLIGHTS

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

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.

FOR SALE DETAILS

PRICE

$10,175,439 USD

PRICE/SF

$691 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens Absolute NNN Lease | #1 Store in AK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

35

APN/PARCEL ID

6799000T002

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.