Mall Storefront with Tile
For Sale
$500,000
1118 N Muldoon Rd, Anchorage, AK 99504
Commercial space within Tikahtnu mall includes equipment and an established interior layout.
Property Size2,000 SF
Price / SF$250
Days on Market62
Property Features for 1118 N Muldoon Rd
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Listing Agency:
RE/MAX Dynamic Properties
Listed By:
Won S Zong · License #15747
(907) 865-4700
Source:
Griggrealty
Added: Aug 19
Changed: Oct 11
Last Checked: Oct 7 at 3:33PM
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 RE/MAX Dynamic Properties
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Investment Insights
Based on property information with market context.
This 2,000-square-foot storefront property is located within Tikahtnu mall at 1118 Muldoon Road in Anchorage. The space features tile flooring, existing equipment, and an established interior suitable for continued commercial use.
The property is offered for sale and includes the existing business operation, equipment, and interior improvements described for the space.
The property is offered for sale and includes the existing business operation, equipment, and interior improvements described for the space.
Key Highlights
- 2,000‑square‑foot storefront property
- Located within Tikahtnu mall
- 1118 Muldoon Road, Anchorage, AK 99504
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,692
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$673,840
$673.8K
Cap Rate 7%
$481,314
$481.3K
Cap Rate 9%
$374,356
$374.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$50.4K $25.20/SF
− Vacancy
−$2.3K −$1.13/SF
EGI
$48.1K $24.07/SF
− OpEx
−$14.4K −$7.22/SF
NOI
$33.7K $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%
$673,840
Cap Rate 7%
$481,314
Cap Rate 9%
$374,356
Alternative Uses
Best Use
Retail
$481.3K
$421.2K – $561.5K
NOI $33,692 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$543.1K
$475.2K – $633.6K
NOI $38,016 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Demographics for 99504, AK
42,375
Population
17,720
Households
2.4
Avg Household Size
34
Median Age
31%
College-Educated
91%
High-School Grad
36.8 sq mi
ZIP Area
1,151
Density / Sq Mi
$83,338
Median Household Income
$46,883
Median Earnings
$1,529
Median Rent
$309,200
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?
Storefront property - Commercial space within Tikahtnu mall includes equipment and an established interior layout.
Where is this storefront property located?
The property is located at 1118 N Muldoon Rd Anchorage, AK.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,000‑square‑foot storefront property; Located within Tikahtnu mall; 1118 Muldoon Road, Anchorage, AK 99504
