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Freestanding Drive-Through Restaurant
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For Lease
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11716 Old Glenn Hwy, Eagle River, AK 99577

Renovated standalone building with on-site parking and NNN lease structure.

Space Size3,102 SF
Lot Size0.72 Acres
Days on Market3

Property Features for 11716 Old Glenn Hwy

General Information

Standard status Active
Size 3,102 SF
Net Rentable 3,102 SF
Total Parking Spaces 24
Lot size 0.72 Acres
Lease Type NNN

Space & Availability

Available Space 3,102 SF
Contiguous Space 3,102 SF
Space Use Retail

Lease Terms

Lease Rate $95,000 /USD/YR
Monthly Rent $7,916
Rent per SF/Year $30.63

Additional Details

Drive-Thru Yes

Building Details

Year Renovated 2024
Building Size 3,102 SF
Listing Agency: Colliers International
Listed By: Elisha Martin, Cason Martin
Source: Sellingalaskaco
Added: Sep 8 Last Checked: Sep 9 at 10:58PM

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 Colliers International

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes a 3,102-square-foot building with drive-through functionality on a 0.72-acre site. The improvements were renovated in 2024 and are accompanied by 24 parking spaces. The property is available for reuse of the existing building or redevelopment through a ground lease structure.

Located at 11716 Old Glenn Hwy in Eagle River, Alaska, the site serves a surrounding area with more than 23,000 residents within 3 miles. The offering is structured as an NNN lease, providing flexibility for restaurant, drive-through, or other approved commercial concepts supported by the existing improvements.

Key Highlights

  • 3,102 SF freestanding building with drive‑through
  • 0.72‑acre site at 11716 Old Glenn Hwy
  • Renovated in 2024

Property Analytics

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Current Use

Boys and Girls Club High School Arby's Restaurant

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Demographics for 99577, AK

26,947
Population
10,854
Households
2.5
Avg Household Size
35
Median Age
46%
College-Educated
96%
High-School Grad
287.2 sq mi
ZIP Area
94
Density / Sq Mi
$135,011
Median Household Income
$62,137
Median Earnings
$1,709
Median Rent
$413,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Renovated standalone building with on-site parking and NNN lease structure.
Where is this drive through restaurant located?
The property is located at 11716 Old Glenn Hwy Eagle River, AK.
What are key features of this property?
This property features: 3,102 SF freestanding building with drive‑through; 0.72‑acre site at 11716 Old Glenn Hwy; Renovated in 2024
More about this property
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