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Automotive Dealership Showroom Complex

1950 Gambell Street Anchorage, AK 99501

1950 Gambell Street, Anchorage, AK, 99501
$20,000,000
For Sale
Claim this Listing
$20,000,000

Large showroom and dealership facility offered for sale with combined building area on 8 acres.

Property Size90,883 SF
Lot Size8.00 Acres
Price / SF$220.06
AddedJul 8
Days on Market9
Last RefreshJul 15 at 5:12 am

Property Features for 1950 Gambell Street

General Information

Standard status
Active
Size
90,883 SF
Lot size
8.00 Acres

Building Details

Year Built
1984

Listing office

Listing date Jul 8, 2026

Source Alaskalandguide.idxbroker

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 Mossy Oak Properties of Alaska


Investment Insights

Based on property information with market context.

This for-sale retail showroom and dealership complex includes 90,883 square feet of combined building area on 8 acres. The property is described as being in excellent condition with regular upkeep and maintenance. It is currently occupied by Kendall Ford Dealership.

The site is adjacent to Ben Boeke and Sullivan Arenas in Midtown Anchorage, and the property is located at 1950 Gambell Street, Anchorage, AK 99501.

For tenant communication, please do not contact the current tenant. Contact our office for additional information regarding the offering.

Key Highlights

  • 90,883 SF combined building area on 8 acres in Midtown Anchorage
  • Year built: 1984
  • Located adjacent to Ben Boeke and Sullivan Arenas

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 $2.29M $25.20
− Vacancy −$103.1k −$1.13
EGI $2.19M $24.07
− OpEx −$656.2k −$7.22
NOI $1.53M $16.85
90,883 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$21.87M
$19.14M – $25.52M (±1% cap)
NOI $1,531,033 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$24.68M
$21.59M – $28.79M (±1% cap)
NOI $1,727,504 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kendall Ford of Anchorage Car Dealership Kendall Ford Lincoln ... Auto Repair Shop Kendall Ford Lincoln ... Car Dealership Quick Lane at Kendall ... Auto Repair Shop Kendall Ford of Anchorage ... Auto Repair Shop

FAQs

What type of property is this?
Showroom - Large showroom and dealership facility offered for sale with combined building area on 8 acres.
Where is this showroom located?
The property is located at 1950 Gambell Street Anchorage, AK.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: 90,883 SF combined building area on 8 acres in Midtown Anchorage; Year built: 1984; Located adjacent to Ben Boeke and Sullivan Arenas
Contact an agent
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