Insurance Auto Auctions
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
1446 W MYSTERY AVENUE, WASILLA, AK 99654
PROPERTY INFORMATION
Price:
$2,120,653
Cap Rate:
7.50%
Term Remaining:
9+ Years
Year Built:
2014
INVESTMENT HIGHLIGHTS
- Mission Critical Facility - Only Location in the State of Alaska
- (Tenant Must be in All 50 States to Service Most Major Accounts)
- Absolute Net Lease - Zero Landlord Responsibilities
- Annual CPI Escalations (3% Max)
- Build to Suit for Insurance Auto Auctions in 2014
- Centrally Located Along a Main Regional Artery
- Excellent Demographics - 13%+ Projected Growth by 2023
- 10 Years Remaining on Original 15 Year Lease
- Local Permitting Required to Operate Ensures Strong Likelihood of Renewal
- IAA's Business Model is e-Commerce Resistant