LEASABLE SQ FT
3465 Geraghty Ave., Fairbanks , AK 99709
- Strong credit tenant, Starbucks (NASDAQ: SBUX) is rated BBB+ by S&P Global Ratings.
- New high-quality 2019 construction with drive-thru.
- 12% rental increases every 5 years, with the next increase in 2024, boosts CAP Rate to 5.60%.
- NNN lease structure provides minimal landlord expense responsibility.
- Located off Airport Way (15,371 vehicles per day) with direct access to and from Fairbanks International Airport.
- Dense retail corridor with national retailers including Fred Meyer, Safeway, KFC, and Arby’s.
- The site is well positioned near a hard corner, signalized intersection.
- High purchasing power in the immediate area with average incomes over $112,000 within 5 miles.
Partner (Commercial)View Profile
Sean Mackview profile