Walgreens

For Sale

1721 East Parks Highway, Wasilla, AK 99654

This Wasilla property for sale is located at 1721 East Parks Highway. The current listed sale price for Walgreens is $10,175,439. Walgreens is situated on a lot that is 1.84 acre in size.

Contacts

broker
Kase Abusharkh

The Kase Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,723 SF
  • Lot Size 1.84 Acre
  • Date Updated Aug 28, 2025
Wasilla is a city in Matanuska-Susitna Borough, United States and the fourth-largest city in Alaska. It is located on the northern point of Cook Inlet in the Matanuska-Susitna Valley of the southcentral part of the state. The city's population was 9,054 at the 2020 census, up from 7,831 in 2010. Wasilla is the largest city in the borough and a part of the Anchorage metropolitan area, which had an estimated population of 398,328 in 2020.This is the opportunity to purchase an absolute NNN leased Walgreens. The lease calls for zero landlord obligations. This strong performing store includes a drive-thru boosting sales revenue. This Walgreens is an outparcel to Target and Michael's anchored shopping center. The site is located off a signalized hard corner intersection and surrounded by a strong mix of national and local retailers including The Home Depot, Starbucks, Raising Cane's, and more.
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Highlights

  • #1 store in the state of Alaska (1 of 11) per Placer AI, guaranteeing stability of income stream
  • Absolute NNN Lease
  • Corporate Guarantee
  • Income Tax Free state
  • Only Walgreens location within 27 Miles of the Site
  • Outparcel to Target and Michael's-anchored Shopping Center
  • Strong Surrounding Demographics
  • Top 2% of all Walgreens stores per Placer AI
  • Zero Landlord Obligations

Getting around

  • 43/100

    Walk Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Wasilla, AK
  • Neighborhood Cottonwood Creek Place
  • Zip Code 99654
  • Market Anchorage

Points of Interest

  • Wasilla

    1.12 miles

  • Speedway

    0.11 miles

  • Fred Meyer

    0.43 miles

  • Shell Gasoline;Shell

    0.55 miles

  • Holiday

    1.08 miles

  • speedway

    1.15 miles

  • Chevron

    1.97 miles

  • Tesoro

    3.02 miles

  • Vacuums

    0.58 miles

  • Seward Meridian Park-and-Ride

    1.63 miles

  • Overflow Parking

    2.01 miles

  • Handicapped

    2.96 miles

  • North Overlow Parking

    3.57 miles

  • South Overflow Parking & Lucille Creek Trailhead

    3.80 miles

  • Trunk Road Park-and-Ride

    4.78 miles

  • Kin-Win Trailhead Parking Lot

    5.06 miles

  • Taco Bell

    0.06 miles

  • KFC

    0.08 miles

  • Carl's Jr.

    0.08 miles

  • Zushi

    0.08 miles

  • A&W

    0.08 miles

  • Domino's

    0.09 miles

  • Arby's

    0.10 miles

  • Wingstop

    0.11 miles

  • Hacienda Mexican

    0.12 miles

  • Burger King

    0.16 miles

  • Target

    0.15 miles

  • Fred Meyer

    0.16 miles

  • Carrs

    1.00 miles

  • Walmart Supercenter

    1.51 miles

  • Three Bears Alaska

    5.56 miles

  • Three Bears

    7.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Kase Abusharkh

The Kase Group

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