10733 Kenai Spur Highway, Kenai, AK 99611 (MLS# 26-9965)

10733 Kenai Spur Highway, Kenai, AK 99611

$2,343,000
Property Type: Commercial Sale Square Footage: 3,376 Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $2,343,000 Last Modified: 8/10/2026

Overview

Description

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.

Listing Details MLS# 26-9965

Contract Info

Price-List
2343000
Date-Listing
2026-08-06
Foreclosure/Bank Own
No

Location Tax and Legal

Area
305 - Kenai
Street #
10733
Street Name
Kenai Spur
Arterial
Highway
Closest USPS Town
Kenai
State
AK
Zip Code
99611

Property Info

Type of Property
Single Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Leased
% of Space Leased
100
Acres
0.64
SF-Lot
27878.4
Lot Area Source
Tax Authority
SF-Res
3376
Zoning
UNK - Unknown
Year Built
1983

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1B - Kenai Peninsula Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
N/A
Legal
Spur #2 L1 L1-A

Primary Space

Retail
Yes

Features-Commercial

Corner Lot
Yes
On-Site Parking
Yes
Stand Alone Unit
Yes

More Information

Documents

Package Available
Yes

Property Features

Primary Space: Retail Features-Commercial: Corner Lot; On-Site Parking; Stand Alone Unit Documents: Package Available
IDX
Listing Office: Colliers International
Last Updated: August - 10 - 2026
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 the site owner are marked with 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. Site contains live data.

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