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Browse More Listings in Retail For Sale, Wasilla, AK or Alaska

Retail Property For Sale

Trout House Hotel & Windbreak Cafe and Bar

2201 E Parks Hwy, Wasilla, AK 99654

Price:
$2,400,000
Building Size:
10,944 SF
Price/SF:
$219.30
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with 1 years left on lease
Cap Rate:
9%
Occupancy:
100%
No. Stories:
2
Tenancy:
Single
Year Built:
1981
Lot Size:
70,785 SF
Find Out More...

Last Verified 10/16/2009 Listing ID 16292355

Highlights

In the home town of Alaska Governor Sarah Palin
Sale Leaseback preferred
Long-term tenant wishes to stay

Tenant pays NNN lease based on 9% of its gross sales

Description

One of the Valley's most successful restaurants over the last thirty years, with 250 seats, a full service bar and 11 room hotel on 1.63 acres: Trout House/Windbreak Cafe. Wasilla full service liquor license included. Total SF 10,944. Long term NNN tenant in place. Sale-lease back preferred. Do not contact employees. Seller will not seller-finance. Finances, equipment list, lease information, current appraisal, and rental income for the last five years is available to serious investors or operators.

Mile 40.5, Parks Highway, just east of Target and Sportsman's Warehouse on the north side of the highway. Located about 3/4 of a mile from the home of Alaska Governor Sarah Palin.

Debt & Equity Information

Map of 2201 E Parks Hwy, Wasilla, AK 99654 (Matanuska Susitna County)

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George Krumm (907) 529-6172

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Created 6/24/2009

Additional Information for 2201 E Parks Highway, Wasilla, AK 99654

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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N/A

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Trout House Hotel & Windbreak Cafe and Bar

2201 E Parks Hwy, Wasilla, AK, 99654