11216 Kenai Spur Hwy, Kenai, AK 99611
5,630 SF mixed-use building on one acre in Kenai.
- Added:
- Sep 9, 2025
- Days on Market:
- 292
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 11216 Kenai Spur Hwy
General Information
- Standard status
- Active
- Size
- 5,630 SF
- Lot size
- 1.00 Acre
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1967
Listing office Bond Filipenko Commercial Properties LLC (907) 792-5555
Listing date Sep 9, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Bond Filipenko Commercial Properties LLC
HighLights
- High‑visibility location in Kenai
- Redevelopment opportunity
- 5,630 SF office retail building
- Approximately one acre lot
- Adjacent parcel with additional parking/excess land
- Year Built: 1967
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.1k | $24.00 |
| − Vacancy | −$5.7k | −$1.01 |
| EGI | $129.4k | $22.99 |
| − OpEx | −$38.8k | −$6.90 |
| NOI | $90.6k | $16.09 |
Alternative Uses
Current Use by Public Records
Map
- City
- Kenai
- County
- Kenai Peninsula
- State
- Alaska
- Longitude
- -151.2532761
- Latitude
- 60.5551527
