5121 Arctic BLVD, Anchorage, AK 99503
5121 Arctic BLVD, Anchorage, AK 99503
5121 Arctic BLVD, Anchorage, AK 99503
Additional details
Anna Perova

Anna Perova

+1(907) 519-8043
$5,375,000
Est. payment /mo
44,684 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 44,684 sqft

Price per Sqft $120

MLS Listing ID 25-144

Construction Status Existing Structure

Year Built 1980

Lot Size 2.066 Acres

Acres 2.0

Source Alaska Multiple Listing Service

Property Description

Rare opportunity to acquire a 100% leased, 16-tenant multi-tenant retail center at the high-traffic corner of Arctic Blvd and W. International Airport Rd. 44,684 SF on 2.07 acres, anchored by Lucky Market and Heidi's Restaurant. Strong income growth, 3-year average NOI cap rate of 6.18% (2025 actual cap rate 8.40%). Financials available with signed NDA. Please do not disturb tenants.

Location

State AK

Area 10 - Spenard

Zoning I1 - Light Industrial

Direction Property is located on the corner of Arctic and International.

Building

Lot Size Range 2.0

New Construction No

Construction Status Existing Structure

Others

Tax ID 0092211500301

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Anna Perova

Anna Perova

+1(907) 519-8043

REALTOR® | License ID: 138967

REALTOR® License ID: 138967

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