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10735 Kenai Spur Hwy
Kenai, AK 99611
Kenai Spur Shops · Office Property For Sale
Investment Highlights
- 100% leased, two-building retail center with balanced rollover schedule
- High-visibility location on hard corner of Bridge Access Rd. and Kenai Spur Hwy, a daily-needs retail corridor
- Positioned along the Kenai Spur Highway, the primary commercial corridor serving the Kenai Peninsula
- Limited retail supply in the area and a lack of competing options enhance the stability of the center’s service-based tenants
- Located adjacent to a high-performing Arby’s drive-thru (operating in the top 15% nationally according to Placer.ai), enhancing the daily draw
- Diverse tenant mix supports frequent visitation and cross-shopping opportunities with mostly service-oriented businesses
Property Facts
Property Type
Office
Building Size
10,244 SF
Building Class
B
Year Built
1981
Price
$1,850,000
Price Per SF
$180.59
Cap Rate
8%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,244 SF
Building FAR
0.18
Lot Size
1.28 AC
Zoning
Central Mixed Use (CMU)
Parking
44 Spaces (4.3 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,256,400 | |
| Land Assessment | $566,500 | Total Assessment | $1,822,900 |
Property Taxes
Parcel Numbers
Land Assessment
$566,500
Improvements Assessment
$1,256,400
Total Assessment
$1,822,900
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