Technical
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Property profile

991 Hermon Rd Wasilla, AK 99654

OFF-MARKET
Specialty properties
13,860 SF 1.25 ac lot Built 1975
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Year built 1975
Total area 13,860 SF
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Restaurant
  • Medical Laboratory
  • (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Location

991 Hermon Rd Wasilla, AK 99654
Wasilla metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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