For Sale
$7,750,000

7828 Lake Otis PkwyAnchorage, AK 99507

Prime I2 land, 5 buildings, excellent lease.

Overview

Added:
Feb 3
Days on market:
59
This exceptional 7-acre industrial property, located at 7828 Lake Otis Parkway in Anchorage, Alaska, presents a unique investment opportunity. The property boasts a total of 20,820 square feet of building space, encompassing one office building and several substantial storage structures, all situated on a fully fenced and secured lot. The expansive site also includes approximately 60,000 square feet of paved asphalt, providing ample space for maneuvering and storage. The property's strategic location offers convenient access to both Lake Otis Parkway and Abbott Road, ensuring excellent visibility and accessibility. Currently generating income through a lease agreement with SBS, extending until January 2025, this property offers immediate return on investment. The existing lease provides a stable income stream, mitigating risk for potential buyers. The property is equipped with 3-phase electrical service, catering to a wide range of industrial needs. Furthermore, attractive financing options are available, including an assumable note at a favorable 3.5% interest rate or seller financing, making this property even more accessible. This is a rare opportunity to acquire a well-established, income-producing industrial property in a prime Anchorage location. Don't miss this chance to secure a valuable asset with significant potential for future growth and profitability.

Property Details for 7828 Lake Otis Pkwy

Property type
Square Feet
20,820 SF
Year Built
1968
Lot Size (sq. ft)
304,920 SF

Location Insight

City
Anchorage
County
Anchorage Municipality
State
Alaska
Latitude
61.14988
Longitude
-149.8352
7828 Lake Otis Pkwy, Anchorage, Alaska

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7828 Lake Otis Pkwy
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