Single-tenant Arby's investment opportunity in the heart of Kenai. This 3,376 SF absolute NNN property features a new 20-year lease with an experienced operator, Diversified Restaurant Group (365 locations), generating $150,000 NOI at a 6.6% cap rate. Located at Kenai's busiest retail corridor near Walmart, Safeway, Home Depot, and other national retailers, with 8% rent increases every five years.
| Listing Id: | 26-9965 |
|---|---|
| List Price: | $2,273,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Single Use |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Lot Size Square Feet: | 27,878.4 |
| Lot Size Acres: | 0.64 |
| Waterfront?: | No |
| City: | Kenai |
| MLS Area Major: | Kenai Peninsula Borough |
| Postal Code: | 99611 |
| Year Built: | 1983 |
| Street Number Numeric: | 10,733 |
| List Agent Full Name: | Cason Martin |
| Contract Info Foreclosure Bank Own: | No |
| Co List Agent Full Name: | Elisha Martin |
| Location Tax And Legal Region2: | 1 - Southcentral Alaska Region |
| Location Sp Tax Sp And Sp Legal Co Grid Sp Pound Sp Lparen Muni Sp Anch Rparen 2: | N/A |
| Lot Size Units: | Square Feet |
| Property Info Realtorcom Type: | Commercial |
| Property Info Construction Status: | Existing Structure |
| Property Info Building Status: | Leased |
| Property Info % Of Space Leased: | $100.00 |
| Bathrooms Total Integer: | 0 |
| Basement: | false |
| State Or Province: | AK |
| Building Area Total: | 3376.0 |
| Lot Size Source: | Tax Authority |
| Listing Contract Date: | 2026-08-06 |
| Lot Size Area: | 27878.4 |
| Parcel Number: | 04705107 |
| Zoning: | UNK - Unknown |
| Documents Change Timestamp: | 2026-09-30T19:53:25Z |
| Sign On Property?: | Yes |
| MLS Area Minor: | 305 - Kenai |
| Primary SpacePrimary Sp Space Co Primary Sp Space: | Retail |
| DocumentsDocuments Co Documents: | Package Available |
| Features CommercialFeatures Hyphen Commercial Co Features Hyphen Commercial: | On-Site Parking, Stand Alone Unit, Corner Lot |
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Alaska Wild Property by Realty ONE Group Aurora are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.
© 2026 Alaska MLS.
Alaska MLS data last updated on October 08, 2026 01:01 PM - AKT.
IDX Services Provided by Propertybase GO d/b/a Propertybase Inc.
Property Last Updated: October 08, 2026 01:01 PM - AKT
Listing Courtesy of: Colliers International
Listing Agent: Cason Martin
907-561-5155
