Flex Office with Shop
35126 Kb Drive Soldotna Soldotna, AK 99669
For Sale
$1,500,000
A 9,600 sf flex building with 5,100 sf of office space, 4,500 sf shop/warehouse area, and a fenced yard.
Property Size9,600 SF
Price / SF$156.25
Days on Market25
Property Features for 35126 Kb Drive Soldotna
General Information
- Standard status
- Active
- Size
- 9,600 SF
Listing Agency:
(907) 263-9333
Listed By:
Jacob Masog
(907) 263-9333
Source:
Herringtonlifestyleandliving
Added: Jun 30
Changed: Jul 23
Last Checked: Jul 24 at 5:06AM
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 Jacob Masog
Investment Insights
Based on property information with market context.
This flex-style building totals 9,600 sf and combines office and shop/warehouse space in one facility. The office portion includes six dedicated offices plus a conference room, along with two additional larger rooms. There is a separate break room and men’s and women’s bathrooms.
The shop/warehouse area totals 4,500 sf and is divided into two distinct sections. One shop/warehouse area has three large overhead doors, while the second area includes one overhead door and a mezzanine. A fenced yard is also included, providing secure outdoor space for operational needs.
Overall, the layout supports a mixed-use configuration for companies that need both office support and dedicated warehouse capability within the same building.
The shop/warehouse area totals 4,500 sf and is divided into two distinct sections. One shop/warehouse area has three large overhead doors, while the second area includes one overhead door and a mezzanine. A fenced yard is also included, providing secure outdoor space for operational needs.
Overall, the layout supports a mixed-use configuration for companies that need both office support and dedicated warehouse capability within the same building.
Key Highlights
- 9,600 SF flex building with 5,100 SF office space and 4,500 SF shop/warehouse space
- Office layout includes 6 dedicated offices, a conference room, and 2 additional larger rooms
- Separate break room plus men’s and women’s bathrooms
Financial Insights For Office B
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 | $230.4k | $24.00 |
| − Vacancy | −$47.5k | −$4.94 |
| EGI | $182.9k | $19.06 |
| − OpEx | −$45.7k | −$4.76 |
| NOI | $137.2k | $14.29 |
9,600 SF · lease $24.00/SF/yr · vacancy 20.60% · expense 25.00%
Alternative Uses
Best Use
Flex RnD
$2.37M
$2.07M – $2.76M
NOI $165,757 @ 7.0% cap · market cap 11.05%
Second Best
Office B
$1.96M
$1.72M – $2.29M
NOI $137,203 @ 7.0% cap · market cap 9.15%
Theoretical Best
Multifamily LT 5
$66.58M
$58.26M – $77.68M
NOI $4,660,686 @ 7.0% cap · market cap 310.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - A 9,600 sf flex building with 5,100 sf of office space, 4,500 sf shop/warehouse area, and a fenced yard.
Where is this flex space located?
The property is located at 35126 Kb Drive Soldotna Soldotna, AK.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,600 SF flex building with 5,100 SF office space and 4,500 SF shop/warehouse space; Office layout includes 6 dedicated offices, a conference room, and 2 additional larger rooms; Separate break room plus men’s and women’s bathrooms
