401 W Evergreen Ave
Retail | 3,740 SqFt
Marketing description
Jack White Commercial is pleased to present a built-out freestanding QSR restaurant with a drive-through at 401 W Evergreen Avenue in Palmer — a 3,740 SF building on a 0.87-acre parcel adjacent to the Fred Meyer–anchored center, the dominant retail destination in Palmer.
The building is delivered as a turn-key, second-generation restaurant: kitchen hoods and fire suppression, grease interceptor, walk-in cooler and freezer, plumbing and floor drains, a full dining room with a drive-through, and an indoor play area — saving an owner/user or tenant the substantial cost and lead time of building from a shell.
Built in 2000 and the best-maintained asset of the portfolio, it is offered for sale as an investment or owner/user acquisition, or for lease to QSR and restaurant operators — within a genuinely supply-constrained submarket in Alaska's fastest-growing borough.
Investment highlights
- Built-Out Restaurant: Turn-key second-generation space — kitchen hoods, grease interceptor, walk-ins, plumbing, full dining room, drive-through, and indoor play area in place.
- Major Build-Out Savings: A new restaurant build-out runs roughly $600–$700/SF in the Mat-Su Valley; acquiring this in-place infrastructure avoids much of that cost and delay.
- Fred Meyer Adjacency: Prime commercial node beside Palmer's dominant anchor retail destination, in the city's primary trade node.
- Newer Vintage, Large Parcel: Built in 2000 and the best-maintained asset of the portfolio, on 0.87 AC — the largest land component.
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