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Danna Way Business Center 276 E Danna Ave 11,062 SF 100% Leased Industrial Building Wasilla, AK 99654 $2,089,795 CAD ($188.92 CAD/SF) 8.50% Cap Rate



Investment Highlights
- 100% occupied with multi-year leases — Immediate, dependable rental income.
- Five industrial units — Diversified tenant mix reduces vacancy risk.
- Commercial zoning with city utilities — Supports long-term usability and tenant demand.
- 8.5% capitalization rate — Attractive returns for investors seeking cash-flowing assets.
- Recently renovated throughout — Lower maintenance requirements and enhanced tenant retention.
- Prime Wasilla location — Positioned within the Mat-Su Valley's primary commercial corridor.
Executive Summary
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.
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.
Property Facts
| Price | $2,089,795 CAD | Lot Size | 0.81 AC |
| Price Per SF | $188.92 CAD | Rentable Building Area | 11,062 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.50% | Year Built/Renovated | 1983/2026 |
| Property Type | Industrial | Parking Ratio | 1.27/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 5 |
| Zoning | Commercial - Commercial zoning with city utilities | ||
| Price | $2,089,795 CAD |
| Price Per SF | $188.92 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.81 AC |
| Rentable Building Area | 11,062 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2026 |
| Parking Ratio | 1.27/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | Commercial - Commercial zoning with city utilities |
Amenities
- Perimeter Security Fence
Utilities
- Water - City
- Sewer - City
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1048B02L016 | Improvements Assessment | $442,753 CAD |
| Land Assessment | $68,007 CAD | Total Assessment | $510,760 CAD |
Property Taxes
Parcel Number
1048B02L016
Land Assessment
$68,007 CAD
Improvements Assessment
$442,753 CAD
Total Assessment
$510,760 CAD
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Danna Way Business Center | 276 E Danna Ave
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