1326 E 74th Ave, Anchorage, AK 99518
Automotive shop, warehouse, office, storage, and retail space for sale.
- Added:
- Oct 11, 2022
- Days on Market:
- 1367
- Last Refresh:
- Jun 30 at 6:16 am
Property Features for 1326 E 74th Ave
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Lot size
- 0.23 Acres
Listing office Spire Commercial (907) 231-0380
Listing date Oct 11, 2022
Source Exprealty
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 Spire Commercial
HighLights
- Business and real property being sold together.
- High visibility location southbound on the New Seward Highway.
- 4,000sf shop with 18' clear height and three overhead doors.
- Includes a full paint booth and two lifts.
- Recent upgrades: New roof and new metal facade (rear).
- 6,000sf of paving on a 10,000sf lot, essentially a corner lot.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.9k | $25.20 |
| − Vacancy | −$5.0k | −$1.13 |
| EGI | $105.9k | $24.07 |
| − OpEx | −$31.8k | −$7.22 |
| NOI | $74.1k | $16.85 |
Alternative Uses
Current Use by Public Records
Map
- City
- Anchorage
- County
- Anchorage
- State
- Alaska
- Longitude
- -149.858
- Latitude
- 61.1533
