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34085787
34085788

276 East Danna Avenue, Wasilla, AK 99654

JW
AK AK 182858
Elevate Commercial
Listed by Elevate Commercial
$1,475,000
1 day on market
Updated 1 day ago

Danna Way Business Center

Details
Property Type Industrial
Sub Type Flex
Square Footage 11,062
Units 5
Cap Rate 8.50%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 8.53%
Pro-Forma NOI $125,800
Price per SqFt $133
Year Renovated 2026
Lot Size (SqFt) 0.81
Zoning Commercial
Investment Type Core+
Ground Lease No
Ceiling Height 16

Multi-Tenant Industrial Investment in Wasilla

Marketing description

This fully leased five-unit industrial property presents an outstanding opportunity to acquire a stabilized investment in the heart of Wasilla's commercial core. Offering more than 11,000 square feet of leasable space on 0.81 acres, the property is 100% occupied with multi-year leases, providing immediate cash flow and long-term income stability.

The building has been recently renovated throughout all units and features 16-foot clear heights, 14' x 12' overhead doors, and city water and sewer, making it well-suited for a variety of industrial and commercial tenants. Offered at an 8.5% cap rate, this well-maintained asset combines strong in-place income, quality construction, and a prime commercial location, making it an excellent addition to an investor's portfolio.

Investment highlights

  • 100% occupied with multi-year leases — Immediate, dependable rental income.
  • 8.5% capitalization rate — Attractive returns for investors seeking cash-flowing assets.
  • Five industrial units — Diversified tenant mix reduces vacancy risk.
  • Recently renovated throughout — Lower maintenance requirements and enhanced tenant retention.
  • 16-foot clear heights & 14' x 12' overhead doors — Functional industrial design suitable for warehouse, contractor, and light manufacturing users.
  • Commercial zoning with city utilities — Supports long-term usability and tenant demand.
  • Prime Wasilla location — Positioned within the Mat-Su Valley's primary commercial corridor.

Listing Contacts

JW
AK AK 182858
Elevate Commercial
Listed by Elevate Commercial

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Zoning

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C CommercialGeneral CommercialCommercial
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jenny Willardson, CCIM
License
AK 182858
Brokerage
Eelvate Commercial
Brokerage Phone
907-360-1936
Title
Principal Broker
Brokerage Address
1590 East Financial Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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