Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

1901 N Hemmer Rd 26,000 SF 56% Leased Office Building Palmer, AK 99645 $4,885,720 CAD ($187.91 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • the location is second to none, one mile out of Palmer in an up and coming Medical Campus Area
  • Clean building well cared for and a beautiful view of Pioneer Peak mountain range
  • Large well lite parking lot, large grassed area and landscaping at the building

EXECUTIVE SUMMARY

Hemmer Sale Info:
• Estimated 26,000 + sf of building space.
• Sale is “As is Purchase.”
• The left entrance side of the building is 100% leased. Total sf on left side is 13,594, with Seven suites totaling 12,393 sf of
rentable space.
• Right entrance or suite 100- Not leased- This was the former location of Alaska Club, rentable sf is
12,500. There's is an option for an additional 1600 sf on the upstairs floor, perfect for expansion if floors were
added in the racquetball courts.
• The market for Medical-Related Businesses in this area is robust. The surrounding area
has seen significant growth with the presence of Capstone Clinics, Maple Springs, and other
major medical businesses. It's quickly becoming the Seward Meridian Medical campus of the Palmer
area.
• A great purchase for owner/occupied since the left side is ready for owner upgrades.
• Original building built in 1997 by a private owner, the newer side was completed in 2008.
• The left-side rental occupants are all in the medical-related field.
• Street light access, ample paved and light parking, and major front exposure on
Palmer/Wasilla Hwy.
****Additional information and financials are available upon request and approval of seller w/signed NDA*******
*****Commission or Procurement fee - terms to be negotiated **********

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
26,000 SF
Building Class
B
Year Built
2008
Price
$4,885,720 CAD
Price Per SF
$187.91 CAD
Percent Leased
56%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,594 SF
Building FAR
0.28
Lot Size
2.13 AC
Zoning
3
Parking
70 Spaces (2.69 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1894B01L010
Land Assessment
$285,436 CAD
Improvements Assessment
$2,498,438 CAD
Total Assessment
$2,783,874 CAD
  • Listing ID: 32723033

  • Date on Market: 2024-08-07

  • Last Updated:

  • Address: 1901 N Hemmer Rd, Palmer, AK 99645

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}