Multi-Tenant Industrial Investment in Wasilla
$1,475,000
276 East Danna Avenue, Wasilla, AK 99654
11,062 sqft
Building Size
100
Occupancy
Details:
Highlights:
- 100% occupied with multi-year leases — Immediate, dependable rental income.
- 8.5% capitalization rate — Attractive returns for investors seeking cash-flowing assets.
- Five industrial units — Diversified tenant mix reduces vacancy risk.
- Recently renovated throughout — Lower maintenance requirements and enhanced tenant retention.
- 16-foot clear heights & 14' x 12' overhead doors — Functional industrial design suitable for warehouse, contractor, and light manufacturing users.
- Commercial zoning with city utilities — Supports long-term usability and tenant demand.
- Prime Wasilla location — Positioned within the Mat-Su Valley's primary commercial corridor.
Description:
This fully leased five-unit industrial property presents an outstanding opportunity to acquire a stabilized investment in the heart of Wasilla's commercial core. Offering more than 11,000 square feet of leasable space on 0.81 acres, the property is 100% occupied with multi-year leases, providing immediate cash flow and long-term income stability.
The building has been recently renovated throughout all units and features 16-foot clear heights, 14' x 12' overhead doors, and city water and sewer, making it well-suited for a variety of industrial and commercial tenants. Offered at an 8.5% cap rate, this well-maintained asset combines strong in-place income, quality construction, and a prime commercial location, making it an excellent addition to an investor's portfolio.
Located in Wasilla's established commercial core, 276 E Danna Avenue offers convenient access to the Parks Highway and Palmer-Wasilla Highway, connecting businesses throughout the Mat-Su Valley. Surrounded by a strong mix of industrial, commercial, and retail users, the property benefits from a proven business location with continued demand for quality industrial space. As the Mat-Su region continues to grow, this central location supports long-term tenant stability and investment value.
Documents:
| Title | ||
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| Offering_Memorandum__L_.pdf |
Location
Gallery
