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650 N Cobb Street - Fred Meyer Store, Palmer, AK

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650 N Cobb Street - Fred Meyer Store

Palmer, AK 99645 - Mat-Su Business Region Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:2004
Building Size:66,000 SF Land Area:6.97 AC (303,613 SF)
For Sale Price:Condo (see detail) Price/SF:For Sale
Cap Rate:-

This building was awarded an Energy Star label in 2013 for its operating efficiency.

Sale Notes:
This property consists of a 66,000 SF retail warehouse previously occupied by Fred Meyer in Palmer, Alaska. The building is concrete block, 2004 construction and appears in excellent condition. The parcels consist of one 6.97 acre parcel that houses the improvement and an additional 15K SF pad just to the north. The property has amazing visibility from the Glenn Highway heading north/south and from the Palmer-Wasilla Highway heading east/west.

Palmer, Alaska is approximately 40 miles north of Anchorage (Alaska's largest city), and 18 miles east of Wasilla (the Mat-Su Borough's central demographic). The Mat-Su Borough is the fastest growing area in the state and has seen a major upswing in retail development over the past several years. Palmer is the host of the Alaska State Fair, which brings traffic from the lower 48 states and lots of local traffic.

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