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    991 Hermon Rd Wasilla, AK 99654

    For Lease
    $28 SF/Yr

    Wasilla Office Space - Fully Remodeled, High Visibility

    Lot size:
    13,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Hunter Plaza Unit #200 offers 1,800 square feet of fully remodeled commercial space available for lease. Located at 991 S Hermon Rd, Wasilla, AK 99654, this property boasts high visibility on the Parks Highway at the first stoplight entering Wasilla. The building, constructed in 1975 and extensively renovated in 2024, is a single-story structure encompassing 13,860 square feet and featuring nine suites in total. This particular unit is ideal for a variety of uses, including retail, office, medical, or creative businesses. The space is exceptionally well-suited for businesses requiring high visibility and ample parking, with 67 parking spaces available for tenants and visitors. The property sits on 1.25 acres of land and is classified as Class C. The lease rate is $2.35 per square foot, plus utilities (gas and electric). While there are no elevators, the single-story design ensures easy accessibility. The cross street is E. Parks Hwy, further enhancing its prime location. This is a fantastic opportunity for businesses seeking a prominent location in a thriving Wasilla community.

    Property Features for 991 Hermon Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,860 SF
    Class
    C
    Total Rate
    32571

    Building Details

    Year Built/Renovated
    1975/2024
    Stories
    1

    Unit(s) available at that property

    Space
    Unit #200
    Size
    1,800 SF
    Rate per SF
    $28

    HighLights

    • 1.25‑acre retail building on Wasilla's Parks Highway.
    • High‑visibility location in Mat‑Su Borough.
    • Excellent location near Lowe's and Allen & Peterson Appliances, adjacent to Brown Jug.
    • Over 30,000 vehicles pass daily.
    • Diverse tenant mix including home décor, western wear, tattoo, billiard, vape, and pull‑tabs businesses.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sakura Sushi Sushi Restaurant CW Tack & Western ... Western Apparel Store Triple J Road ... Restaurant Northway Medical Laboratory Medical Laboratory Winners Pull Tabs ... Lottery Retailer

    Map

    City
    Wasilla
    County
    Matanuska-Susitna
    State
    Alaska
    Longitude
    -149.38982822
    Latitude
    61.57257902

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    FAQs

    What type of property is this?
    Office space - Wasilla Office Space - Fully Remodeled, High Visibility
    Where is this office space located?
    The property is located at 991 Hermon Rd Wasilla, AK.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 1.25-acre retail building on Wasilla's Parks Highway.; High-visibility location in Mat-Su Borough.; Excellent location near Lowe's and Allen & Peterson Appliances, adjacent to Brown Jug.
    Request Owner's contact information
    991 Hermon Rd Wasilla, AK 99654
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    Wasilla, AK 99654
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    991 Hermon Rd Wasilla, AK 99654
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