Single-Tenant Gas
New
For Sale
Contact for pricing
7172 West Parks Highway, Wasilla, AK 99623
Absolute NNN lease structure supports a straightforward single-occupant retail operation along a major regional travel corridor.
Property SizeContact for details
Days on Market6
Property Features for 7172 West Parks Highway
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Net Operating Income
$178,200
Financials
Asking Price
$2,741,538
Cap Rate
6.5%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
Listed By:
Jason Denham · License #CA 02001094
(925) 390-8518
Source:
Crexi
Added: Sep 8
Changed: Sep 11
Last Checked: Sep 12 at 4:21AM
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 The Kase Group
Investment Insights
Based on property information with market context.
This single-tenant gas station occupies a retail position along West Parks Highway in Wasilla, Alaska. The property is leased under an absolute NNN structure, with the lease originating January 1, 2004. Contractual rent growth is set at 10% every five years, and the tenant has four renewal options, with the second option exercised for a term running from December 31, 2024 through December 30, 2029. Two additional five-year options remain.
The site is positioned on West Parks Highway, a major transportation route linking Anchorage and Fairbanks. The surrounding area includes gas stations, retail businesses, and service providers serving commuters and long-distance travelers. The property address is 7172 West Parks Highway, Wasilla, AK 99623.
The site is positioned on West Parks Highway, a major transportation route linking Anchorage and Fairbanks. The surrounding area includes gas stations, retail businesses, and service providers serving commuters and long-distance travelers. The property address is 7172 West Parks Highway, Wasilla, AK 99623.
Key Highlights
- Single‑tenant gas station on West Parks Highway in Wasilla, Alaska
- Absolute NNN lease structure
- 6.50% going‑in cap rate
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Demographics for 99623, AK
23,878
Population
9,084
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
92%
High-School Grad
258.5 sq mi
ZIP Area
92
Density / Sq Mi
$87,606
Median Household Income
$49,110
Median Earnings
$1,558
Median Rent
$294,800
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Gas station - Absolute NNN lease structure supports a straightforward single-occupant retail operation along a major regional travel corridor.
Where is this gas station located?
The property is located at 7172 West Parks Highway Wasilla, AK.
What is the asking price?
The asking price for this property is $2,741,538.
What are key features of this property?
This property features: Single‑tenant gas station on West Parks Highway in Wasilla, Alaska; Absolute NNN lease structure; 6.50% going‑in cap rate
