945 Elizabeth StFairbanks, AK 99709

This exceptional investment opportunity presents a 21,690 square foot property situated on a one-acre lot at 945 Elizabeth Street, Fairbanks, Alaska. The property boasts a highly desirable 7.5% cap rate, making it an attractive proposition for discerning investors. Currently leased to a national distribution company, the lease agreement extends through November 2032, providing long-term stability and predictable income. The strategic location on Elizabeth Street offers convenient access to both Hanson Road and Marika Road, placing the property within the thriving Aurora Drive district. This prime location ensures high visibility and easy accessibility for both the tenant and potential future occupants. The substantial square footage offers significant potential for various uses, further enhancing the investment's appeal. With a secure, long-term lease and a strong cap rate, this property represents a rare opportunity to acquire a high-performing asset in a desirable Fairbanks location. The substantial size and strategic location make this a compelling investment for those seeking a stable and profitable addition to their portfolio. This is a turnkey investment opportunity with minimal management requirements due to the existing long-term lease. The property's strong financial performance and secure tenancy make it an ideal choice for investors seeking both immediate returns and long-term growth.