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Fairbanks, AK Drive Through Restaurants for Sale

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Ester, AK
Drive-Through Restaurant with NNN Lease
Updated: Apr 11
Drive-Through Restaurant with NNN Lease

420 Merhar Ave, Fairbanks, AK 99701

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3,530 sqft 0.92 AC lot
10‑year absolute triple‑net (NNN) lease in place for a Sonic drive‑through restaurant
Lease commenced September 1, 2020 and runs through the base term under an absolute NNN structure
3,530 rentable SF building on an estimated 0.92‑acre parcel
Current annual rent is $152,189, scheduled to increase by 1.50% annually throughout the base term
Property located at 420 Merhar Avenue in Fairbanks, Alaska
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Fairbanks, AK, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Former Sonic Drive-Through Restaurant
Former Sonic Drive-Through Restaurant

21895 Viking Ave NW, Poulsbo, WA 98370

$2,600,000
2,308 sqft

Corner-site restaurant with a double-entry drive-thru, canopy, parking, and prominent pylon signage.

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Drive-Through Restaurant with Canopy
Drive-Through Restaurant with Canopy

21895 VIKING WAY NW, Poulsbo, WA 98370

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2,308 sqft

Former quick-service restaurant with dual drive-through access, on-site parking, and zoning that permits additional commercial uses.

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Remodeled Drive-Thru QSR with Lease
Remodeled Drive-Thru QSR with Lease

8500 Evergreen Way, Everett, WA 98208

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Fully remodeled drive-thru QSR leased to El Molino Mexican Cocina & Tortilleria with a renewal option in 2032.

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New Drive-Thru Coffee NNN Building
New Drive-Thru Coffee NNN Building

10318 Evergreen Way, Everett, WA 98204

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Newly constructed drive-thru Woods Coffee, completed in October 2022, offered with long-term NNN leases.

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Fairbanks, AK Drive Through Restaurants Market Trends and Statistics

Explore 1 drive through restaurants for sale in Fairbanks, AK on our real estate platform. These investment opportunities span a total of 3,530 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 7
Bars & Pubs 5
Commercial kitchens 2
Breakfast & diners 1
Drive through restaurants 1

Demographics Overview

Population 87K
Population Growth (5Y) +0.2%
Median Household Income $86,374
College Educated 28.9%

Taxes & Financing

Tax Rate (average for all types) 1.59%
Property Tax per SF $33.98 per SF
Average Loan-to-Value 65.0%

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