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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.

Property Facts

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
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1048B02L016
Land Assessment
$68,007 CAD
Improvements Assessment
$442,753 CAD
Total Assessment
$510,760 CAD
  • Listing ID: 41218761

  • Date on Market: 2026-07-09

  • Last Updated:

  • Address: 276 E Danna Ave, Wasilla, AK 99654

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