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945 Elizabeth St Fairbanks, AK 99709

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For Sale
$2,600,000

National Tenant, 7.5% Cap Rate, Excellent Location

Property size:
21,690 SF

Property Features for 945 Elizabeth St

General Information

Property type
Other commercial real estate
Square Feet
21,690 SF
Lot Size
43,560 SF

Building Details

Year Built
1975

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Listing Contact
Mark Filipenko

Listing Agency: Bond Filipenko Commercial Properties, LLC Listing Agent: Mark Filipenko

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 21,690 square foot property situated on a one-acre lot at 945 Elizabeth Street, Fairbanks, Alaska. The property boasts a highly desirable 7.5% cap rate, making it an attractive proposition for discerning investors. Currently leased to a national distribution company, the lease agreement extends through November 2032, providing long-term stability and predictable income. The strategic location on Elizabeth Street offers convenient access to both Hanson Road and Marika Road, placing the property within the thriving Aurora Drive district. This prime location ensures high visibility and easy accessibility for both the tenant and potential future occupants. The substantial square footage offers significant potential for various uses, further enhancing the investment's appeal. With a secure, long-term lease and a strong cap rate, this property represents a rare opportunity to acquire a high-performing asset in a desirable Fairbanks location. The substantial size and strategic location make this a compelling investment for those seeking a stable and profitable addition to their portfolio. This is a turnkey investment opportunity with minimal management requirements due to the existing long-term lease. The property's strong financial performance and secure tenancy make it an ideal choice for investors seeking both immediate returns and long-term growth.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

RNDC - Alaska (formerly ... Big Box & Wholesale Store

Map

City
Fairbanks
County
Fairbanks North Star Borough
State
Alaska
Longitude
-147.7675
Latitude
64.85328

FAQs

What type of property is this?
Commercial real estate - National Tenant, 7.5% Cap Rate, Excellent Location
Where is this commercial real estate located?
The property is located at 945 Elizabeth St Fairbanks, AK.
What is the asking price?
The asking price for this property is $2,600,000.
More about this property
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