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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 6.4% 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.
Property Type(s):
Commercial
| Last Updated | 8/6/2026 | Year Built | 1983 |
|---|---|---|---|
| Community | 1B - Kenai Peninsula Borough |
Additional Details
| AREA | 1B - Kenai Peninsula Borough |
|---|---|
| LOT | 0.64 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 27878.4 |
Listing Office: Colliers International
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 Petersburg Properties LLC 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.
Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
This IDX solution is (c) Diverse Solutions 2026.
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