$2,273,000
10733 Kenai Spur Highway, Kenai, AK 99611
- MLS#: 26-9965
- Status: Active
- Days on Market: 56
- Beds: 0
- Baths: 0
- 3,376 sq.ft.
- Year Built: 1983
- 0.64 acres
- Garage/Carport: 0 / 0
Property Details
Single-tenant Arby's investment opportunity in the heart of Kenai. This 3,376 SF absolute NNN property features a new 20-year lease with an experienced operator, Diversified Restaurant Group (365 locations), generating $150,000 NOI at a 6.6% cap rate. Located at Kenai's busiest retail corridor near Walmart, Safeway, Home Depot, and other national retailers, with 8% rent increases every five years.
Property Features
Corner Lot, On-Site Parking, Stand Alone Unit
More Details
- Property Type:
- Lot Size:
- Construction Status:
- Neighborhood:
- Foreclosure:
- Zoning:
- GPS (Lat/Long):
- Commercial
- 27,878 sq.ft.
- Existing Structure
- 1B - Kenai Peninsula Borough
- No
- UNK - Unknown
- 60.5569, -151.242
Listing Office
Colliers International