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Key Details
Sold Price $2,695,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 16,954 sqft
Price per Sqft $158
MLS Listing ID 25-3521
Lot Size 0.613 Acres
Property Description
Investment Opportunity! Warehouse/office facility fully leased to well established tenant. Absolute net lease structure provides a great investment opportunity. There are 5 years remaining on the initial term. Tenant has invested over $1,000,000 in improvements to the building. In addition to the base rent the Landlord receives a percentage rent providing an additional income stream.
Location
State AK
Area 15 - W Tudor Rd - Dimond Blvd
Zoning I1 - Light Industrial
Building
New Construction No
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The Mary Cox Real Estate Team
Broker Associate | License ID: AK11792
Broker Associate License ID: AK11792