1901 N Hemmer Rd
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1901 N Hemmer Rd
29,000 SF 50% Leased Office Building Palmer, AK 99645 $4,961,145 CAD ($171 CAD/SF)
Investment Highlights
- the location is second to none, one mile out of Palmer in an up and coming Medical Campus Area
- Clean building well cared for and a beautiful view of Pioneer Peak mountain range
- Large well lite parking lot, large grassed area and landscaping at the building
Executive Summary
Hemmer Sale Info:
• Almost 30,000 sf of building space.
• Sale is “As is Purchase.”
• The left entrance side of the building is 100% leased. Seven suites total 12,340 sf of
rented space.
• Right entrance or suite 100- Not leased- This was the former location of Alaska Club at
12,500 sf. There's is an option for an additional 1600 sf on the upstairs floor, perfect for expansion if floors were
added in the racquetball courts.
• The market for Medical-Related Businesses in this area is robust. The surrounding area
has seen significant growth with the presence of Capstone Clinics, Maple Springs, and other
major medical businesses. It's quickly becoming the Seward Meridian Medical campus of the Palmer
area.
• A great purchase for owner/occupied since the left side is ready for owner upgrades.
• Original building built in 1997 by a private owner,the newer side was completed in 2008.
• The left-side rental occupants are all in the medical-related field.
• Street light access, ample paved and lighted parking, and major front exposure on
Palmer/Wasilla Hwy.
****Additional information and financials are available upon request and approval of seller w/signed NDA*******
*****Commission or Procurement fee - terms to be negotiated **********
• Almost 30,000 sf of building space.
• Sale is “As is Purchase.”
• The left entrance side of the building is 100% leased. Seven suites total 12,340 sf of
rented space.
• Right entrance or suite 100- Not leased- This was the former location of Alaska Club at
12,500 sf. There's is an option for an additional 1600 sf on the upstairs floor, perfect for expansion if floors were
added in the racquetball courts.
• The market for Medical-Related Businesses in this area is robust. The surrounding area
has seen significant growth with the presence of Capstone Clinics, Maple Springs, and other
major medical businesses. It's quickly becoming the Seward Meridian Medical campus of the Palmer
area.
• A great purchase for owner/occupied since the left side is ready for owner upgrades.
• Original building built in 1997 by a private owner,the newer side was completed in 2008.
• The left-side rental occupants are all in the medical-related field.
• Street light access, ample paved and lighted parking, and major front exposure on
Palmer/Wasilla Hwy.
****Additional information and financials are available upon request and approval of seller w/signed NDA*******
*****Commission or Procurement fee - terms to be negotiated **********
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
29,000 SF
Building Class
B
Year Built
2008
Price
$4,961,145 CAD
Price Per SF
$171 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,500 SF
Building FAR
0.31
Lot Size
2.13 AC
Zoning
3
Parking
70 Spaces (2.41 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 1894B01L010 | Improvements Assessment | $2,052,833 CAD |
| Land Assessment | $286,818 CAD | Total Assessment | $2,339,651 CAD |
PROPERTY TAXES
Parcel Number
1894B01L010
Land Assessment
$286,818 CAD
Improvements Assessment
$2,052,833 CAD
Total Assessment
$2,339,651 CAD
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Sydnee Properties, LLC
1901 N Hemmer Rd
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