Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11431 Business Blvd, Unit 101 Eagle River, AK 99577

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with high visibility in a busy shopping center.

    Property size:
    88,378 SF
    Lot size:
    88,378 SF

    Property Features for 11431 Business Blvd

    General Information

    Standard status
    Active
    Size
    88,378 SF

    We can help!

    Listing Contact
    Megan Mills
    Source: Exprealty

    Listing Agency: Colliers International Listing Agent: Megan Mills

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Eagle River

    This retail space is an end unit located in a shopping center with high traffic and visibility from Old Glenn Hwy and Business Blvd. The shopping center's tenants include Dominos, GNC, Arctic Chiropractic, and Eagle River Smiles Dental. The unit features a direct entrance to the mall from Carrs store and includes a private restroom. The lease is NNN.
    Location Intelligence

    Current Use by Public Records

    Eagle River Smiles Dental Office Anne G. Crowell, ... Pharmacy Dr. Tricia Skala Pediatrician Bonnie J. Morrison, ... Physician Skala Robert D ... Pediatrician

    Map

    City
    Eagle River
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.5743426
    Latitude
    61.3245796

    Nearby Similar for Lease

    • Contact for pricing
      88,378 SF

      Retail Space in High-Traffic Location

      Retail space with high visibility and direct mall access.
      11431 Business Blvd, Eagle River, AK 99577
      View Details
    • Contact for pricing
      88,378 SF

      Retail Space in High-Traffic Location

      Retail space with high visibility and direct mall access.
      11431 Business Blvd, Eagle River, AK 99577
      View Details
    • Contact for pricing

      Eagle River Retail Pad Opportunity

      Retail pad site available in high-traffic Safeway center.
      11409 Business Blvd, Eagle River, AK 99577
      View Details
    • $2 SF/Yr

      Eagle River Office Space Available

      Office space in Eagle River ready for immediate occupancy.
      10928 Eagle River Rd, Eagle River, AK 99577
      View Details
    • $2 SF/Yr

      Eagle River Office Space Available

      Office space for rent in Eagle River, ready for occupancy.
      10928 Eagle River Rd, Eagle River, AK 99577
      View Details
    • Contact for pricing

      Retail Space in Fred Meyer

      In-store retail space available within Eagle River Fred Meyer.
      13401 Old Glenn Hwy, Eagle River, AK 99577
      View Details
    • $2 SF/Yr

      Eagle River Office/Classroom Space

      Office/classroom space available for immediate occupancy in Eagle River, AK.
      10928 Eagle River Rd, Eagle River, AK 99577
      View Details
    • $2 SF/Yr

      Eagle River Office Suite Available

      Office suite in Eagle River Financial Center, ready for occupancy.
      10928 Eagle River Rd, Eagle River, AK 99577
      View Details
    • Contact for pricing

      Eagle River Office Space Available

      Second floor office space with natural light and views.
      16600 Centerfield Dr, Eagle River, AK 99577
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility in a busy shopping center.
    Where is this retail space located?
    The property is located at 11431 Business Blvd, Unit 101 Eagle River, AK.
    What are key features of this property?
    This property features: - High traffic and great visibility from Old Glenn Hwy and Business Blvd.; - End unit available.; - Direct entrance to the mall from Carrs store.
    (907) 561-5155
    Request Owner's contact information
    11431 Business Blvd, Unit 101 Eagle River, AK 99577
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11431 Business Blvd, Unit 101
    Eagle River, AK 99577
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11431 Business Blvd, Unit 101 Eagle River, AK 99577
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Megan Mills
    (907) 561-5155 (604) 681-4111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!