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Northway Mall 3101 Penland Pky
57,000 - 127,000 SF of Industrial Space Available in Anchorage, AK 99508
Highlights
- 350,000 SF new development directly off Glenn Highway, offering high visibility and easy accessibility
- Build-to-suit opportunities available
- Centrally located to Anchorage and its surrounding communities
- Adjacent to Merrill Field airport and Alaska Regional Hospital
- Close proximity to the Port of Alaska, University of Alaska Anchorage and Joint Base Elmendorf Richardson, one of the premier USA Airforce Bases
- Ideal for industrial, flex warehouse, office, medical and retail
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 57,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor | 70,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
3101 Penland Pky - 1st Floor
Ideal for industrial, flex warehouse, office, medical and retail
- 4 Loading Docks
- 4 recessed docks
- Move-in ready space
3101 Penland Pky - 1st Floor
Ideal for industrial, flex warehouse, office, medical and retail
- Recessed loading
- Can add additional docks as needed
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3101 Penland Pky , Anchorage, AK 99508
| Centre Type | Regional Mall | Total Land Area | 30.12 AC |
| Centre Properties | 4 | Year Built | 1979 |
| Gross Leasable Area | 354,382 SF | Cross Streets | Airport Heights & Penland Pkwy |
| Centre Type | Regional Mall |
| Centre Properties | 4 |
| Gross Leasable Area | 354,382 SF |
| Total Land Area | 30.12 AC |
| Year Built | 1979 |
| Cross Streets | Airport Heights & Penland Pkwy |
About the Property
Ideally situated along Glenn Highway, this reimagined development destination of 350,000 SF will include premier industrial, flex warehouse, office, medical and retail space. Adjacent to Merrill Field and within close proximity to the Port of Alaska, the site offers signage opportunities along Glenn Highway and unrivaled access, easily connecting between two interchanges off Glenn Highway (Mountain View Drive and Bragaw). This state-of-the-art project will include build-to-suit opportunities for maximum efficiency.
-
Shaun Benderson -
Benderson Development Company, Inc.
Presented by
Northway Mall | 3101 Penland Pky
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