Retail Center with
For Sale
$2,800,000
110 W Tudor Rd, Anchorage, AK 99503
Five leased suites are anchored by Starbucks and Verizon.
Property Size7,787 SF
Price / SF$359.57
Days on Market16
Property Features for 110 W Tudor Rd
General Information
Standard status
Active
Size
7,787 SF
Total Parking Spaces
39
Occupancy
100%
Site & Location
Neighborhood
Midtown
Drive-Thru
Yes
Anchor Co-Tenants
Starbucks, Verizon
Road Access
Yes
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$34,100
Building Details
Year Built
2005
Buildings
1
Tenancy
Multi
Listing Agency:
Jack White Commercial
(907) 563-5500
Listed By:
Marc Dunne
(907) 229-5525
Source:
Exprealty
Added: Oct 19
Changed: Nov 1
Last Checked: Nov 3 at 11:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jack White Commercial
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Investment Insights
Based on property information with market context.
Built in 2005, this retail center contains five leased suites and is 100% occupied. Starbucks and Verizon anchor the tenant mix, and one Starbucks suite includes a drive-through.
The property fronts Tudor Road in Midtown Anchorage, with access from both Tudor Road and A Street. Approximately 39 parking spaces serve the center.
The property fronts Tudor Road in Midtown Anchorage, with access from both Tudor Road and A Street. Approximately 39 parking spaces serve the center.
Key Highlights
- 100% occupied retail center with five leased suites
- Starbucks and Verizon are the center’s anchor tenants
- Starbucks suite includes a drive‑through
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,181
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,623,620
$2.6M
Cap Rate 7%
$1,874,014
$1.9M
Cap Rate 9%
$1,457,567
$1.5M
Market Conditions
NOI Build-Up for 7,787 SF
Gross rent
$196.2K $25.20/SF
− Vacancy
−$8.8K −$1.13/SF
EGI
$187.4K $24.07/SF
− OpEx
−$56.2K −$7.22/SF
NOI
$131.2K $16.85/SF
Area
Anchorage, AK
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,623,620
Cap Rate 7%
$1,874,014
Cap Rate 9%
$1,457,567
Alternative Uses
Best Use
Retail
$1.87M
$1.64M – $2.19M
NOI $131,181 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.11M
$1.85M – $2.47M
NOI $148,015 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Demographics for 99503, AK
13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Shopping center - Five leased suites are anchored by Starbucks and Verizon.
Where is this shopping center located?
The property is located at 110 W Tudor Rd Anchorage, AK.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 100% occupied retail center with five leased suites; Starbucks and Verizon are the center’s anchor tenants; Starbucks suite includes a drive‑through
