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Property profile & analytics
FOR LEASE
Individual retail properties

1900 E Parks Hwy Wasilla, AK 99654

22,460 SF 6.04 ac lot Built 1996
Entity Owned 20-yr Hold Free & Clear
Property ID
US02-0005370
Property summary
AI-generated overview

This exceptional Class A retail pad site, located at 1900 E Parks Hwy in Wasilla, Alaska (zip code 99654), presents a rare investment opportunity. Boasting 0.27 acres of land, this single-tenant pad offers flexible building space ranging from 800 to 2,200 square feet. Its strategic location within the bustling Creekside Plaza, alongside established retailers such as Target, Fred Meyer, and Sun Mountain, ensures high visibility and significant foot traffic. The property benefits from exceptional frontage along the Parks Highway, a major thoroughfare with a remarkable 37,000 vehicles passing daily (VPD), guaranteeing substantial exposure to potential customers. This prime location in the heart of Wasilla's retail core offers unparalleled access to a dense consumer base. The site's Class A designation reflects its superior quality and desirability. This is an ideal opportunity for businesses seeking a high-traffic, easily accessible location in a thriving Alaskan community. The property's size and flexibility make it suitable for a variety of retail uses. Don't miss this chance to secure a prominent position in Wasilla's vibrant retail landscape.

Property profile
Verified
Property type Individual retail properties
Use group GARDEN CENTER, HOME IMPROVEMENT
Year built 1996
Total area 22,460 SF
Lot 6.04 ac (263,102 SF)
Zoning code 35
APN 4358000L001
UPID US02-0005370
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Galco Building Products - A Division of Spenard Builders Supply Big Box & Wholesale Store Building Supply
  • Spenard Builders Supply - Mat-Su, Galco Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$855k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$855k
Owner & transaction history
Ln Real Estate LLC · 20 yrs held
Ln Real Estate LLC
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
35 · Wasilla, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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