High-Visibility Strip
2400 E Tudor Rd, Anchorage, AK 99507
For Sale
$3,750,000
Well-maintained multi-unit strip mall in a high-traffic area near Lake Otis and Tudor.
Property Size18,265 SF
Price / SF$205.31
Days on Market107
Property Features for 2400 E Tudor Rd
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Tenancy
Listing Agency:
Jack White Real Estate
Listed By:
Gabe Stephan
(907) 562-6464
Source:
Kristancole
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 7 at 3:02PM
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 Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-maintained multi-unit strip mall offers high visibility in a high-traffic area. The building is set up as a retail-focused configuration with multiple storefront spaces.
Located close to the corner of Lake Otis and Tudor in the Umed district, the center benefits from prominent exposure for retail and related service uses.
The rear of the building could accommodate dock-high loading if needed, providing flexibility for future tenant requirements.
Located close to the corner of Lake Otis and Tudor in the Umed district, the center benefits from prominent exposure for retail and related service uses.
The rear of the building could accommodate dock-high loading if needed, providing flexibility for future tenant requirements.
Key Highlights
- Well‑maintained multi‑unit strip mall in a high‑traffic area
- Close to the corner of Lake Otis and Tudor
- Located within the Umed district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$307,696
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,153,920
$6.2M
Cap Rate 7%
$4,395,657
$4.4M
Cap Rate 9%
$3,418,844
$3.4M
Market Conditions
NOI Build-Up for 18,265 SF
Gross rent
$460.3K $25.20/SF
− Vacancy
−$20.7K −$1.13/SF
EGI
$439.6K $24.07/SF
− OpEx
−$131.9K −$7.22/SF
NOI
$307.7K $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%
$6,153,920
Cap Rate 7%
$4,395,657
Cap Rate 9%
$3,418,844
Alternative Uses
Best Use
Retail
$4.40M
$3.85M – $5.13M
NOI $307,696 @ 7.0% cap · market cap 8.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.96M
$4.34M – $5.79M
NOI $347,181 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Demographics for 99507, AK
38,199
Population
14,552
Households
2.6
Avg Household Size
36
Median Age
38%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
808
Density / Sq Mi
$107,347
Median Household Income
$55,197
Median Earnings
$1,546
Median Rent
$371,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Well-maintained multi-unit strip mall in a high-traffic area near Lake Otis and Tudor.
Where is this strip mall located?
The property is located at 2400 E Tudor Rd Anchorage, AK.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Well‑maintained multi‑unit strip mall in a high‑traffic area; Close to the corner of Lake Otis and Tudor; Located within the Umed district
