420 Merhar Ave | Fairbanks, AK 99701
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420 Merhar Ave
Fairbanks, AK 99701
Alaska Sonic Drive-In · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease Fairbanks, Alaska Sonic Drive-In
- Attractive 1.5% Annual Rental Increases Throughout Term of the Lease
- Larger Footprint - 3,530 SF Which is Traditional Size for QSR Restaurants
- 5+ Years Remaining on Current Term of Lease
- Site Significantly Outperforming Average Unit Level Sales Volume for Sonic - Contact Agents for More Details
- Almost 1 Acre Parcel Along Fairbank's Major Retail Corridor - Walmart, Lowe's, Home Depot, PETCO
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,530 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.92 AC
Zoning
F1 - Commercial
PROPERTY TAXES
| Parcel Number | 575038 | Improvements Assessment | $1,035,075 |
| Land Assessment | $720,000 | Total Assessment | $1,755,075 |
PROPERTY TAXES
Parcel Number
575038
Land Assessment
$720,000
Improvements Assessment
$1,035,075
Total Assessment
$1,755,075
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