7828 Lk Otis Pkwy Anchorage, AK 99507-2906

Property Details for 7828 Lk Otis Pkwy

Year built

1972

Lot size

3.13 lot acres

Property size

6,560 SF

Zone code

I2 HEAVY INDUSTRIAL

Property type

Office buildings

APN

014-182-09-000

APU

1418209000

Description

This exceptional 7-acre industrial property, located at 7828 Lake Otis Parkway in Anchorage, Alaska, presents a unique investment opportunity. The property boasts a total of 20,820 square feet of building space, encompassing one office building and several substantial storage structures, all situated on a fully fenced and secured lot. The expansive site also includes approximately 60,000 square feet of paved asphalt, providing ample space for maneuvering and storage. The property's strategic location offers convenient access to both Lake Otis Parkway and Abbott Road, ensuring excellent visibility and accessibility. Currently generating income through a lease agreement with SBS, extending until January 2025, this property offers immediate return on investment. The existing lease provides a stable income stream, mitigating risk for potential buyers. The property is equipped with 3-phase electrical service, catering to a wide range of industrial needs. Furthermore, attractive financing options are available, including an assumable note at a favorable 3.5% interest rate or seller financing, making this property even more accessible. This is a rare opportunity to acquire a well-established, income-producing industrial property in a prime Anchorage location. Don't miss this chance to secure a valuable asset with significant potential for future growth and profitability.