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7031 Arctic Blvd

16,954 SF Retail Building Anchorage, AK 99518 £2,315,723 (£137/SF) 10.80% Net Initial Yield

Executive Summary

16,954 Sq. Ft. office warehouse, situated on .61 acres of I1 (light industrial) zoned land, for sale in midtown Anchorage. Sale price of $2,950,000 ($174/Sq. Ft.). Perfect investment opportunity with a 10.8% caprate. The property is being leased by a well established, long-term tenant that is currently operating multiple locations throughout Anchorage. The existing lease goes until 2030.

Attachments

7031 Arctic Boulevard - Marketing Package

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
16,954 SF
Year Built
1975
Price
£2,315,723
Price Per SF
£137
Net Initial Yield
10.80%
NOI
£250,098
Tenancy
Single
Number of Floors
2
Building FAR
0.63
Land Acres
0.61 AC
Zoning
I1 - I1 - Light Industrial
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Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 01210132000 Improvements Assessment £864,825
Land Assessment £301,437 Total Assessment £1,166,261

PROPERTY TAXES

Parcel Number
01210132000
Land Assessment
£301,437
Improvements Assessment
£864,825
Total Assessment
£1,166,261
(907) 952-1884 x1

  • Listing ID: 32380817

  • Date on Market: 08/07/2024

  • Last Updated:

  • Address: 7031 Arctic Blvd, Anchorage, AK 99518

The Retail Property at 7031 Arctic Blvd, Anchorage, AK 99518 is currently available For Sale. Contact Bond Filipenko Commercial Properties for more information.

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© 2024 CoStar Group

7031 Arctic Blvd
(907) 952-1884 x 1

7031 Arctic Blvd

Mark Filipenko

(907) 952-1884

x1

(907) 952-1884 x1

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