Four-Story Class A Office
For Sale
$7,900,000
3000 A St, Anchorage, AK 99503
Four-story office property with secured parking, surface parking, and multiple access points.
Property Size47,591 SF
Price / SF$165
Days on Market78
Property Features for 3000 A St
General Information
Standard status
Active
Size
47,591 SF
Class
Class A
Elevators
Yes
Additional Details
Road Access
Yes
Amenities
wrap-around south-facing sun decks
basement storage
modernized common area
Building Details
Year Built
1987
Buildings
1
Stories
4
Listing Agency:
Jack White Commercial
Listed By:
Marc Dunne
(907) 563-5500
Source:
Sellingalaskaco
Added: Aug 1
Changed: Oct 8
Last Checked: Oct 7 at 2:14PM
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 Commercial
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Investment Insights
Based on property information with market context.
This four-story Class A office building contains 47,591 square feet of space and was constructed in 1987. Floors 2, 3, and 4 include wrap-around, south-facing sun decks, while the property also offers a heated, secured parking garage, basement storage with elevator access, and modernized common areas. The third floor includes 10K SF available for occupancy.
Positioned at the intersection of A Street and Benson Blvd. in midtown Anchorage, the property provides three ingress and egress points, along with ample surface parking. The combination of multi-floor office space, on-site parking, storage, and dedicated access supports both owner occupancy and investment use.
Positioned at the intersection of A Street and Benson Blvd. in midtown Anchorage, the property provides three ingress and egress points, along with ample surface parking. The combination of multi-floor office space, on-site parking, storage, and dedicated access supports both owner occupancy and investment use.
Key Highlights
- 47,591 SF four‑story office building constructed in 1987
- 10K SF available for occupancy on the third floor
- Class A office property with modernized common areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$584,655
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,693,100
$11.7M
Cap Rate 7%
$8,352,214
$8.4M
Cap Rate 9%
$6,496,167
$6.5M
Market Conditions
NOI Build-Up for 47,591 SF
Gross rent
$999.4K $21.00/SF
− Vacancy
−$219.9K −$4.62/SF
EGI
$779.5K $16.38/SF
− OpEx
−$194.9K −$4.10/SF
NOI
$584.7K $12.29/SF
Area
Anchorage, AK
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,693,100
Cap Rate 7%
$8,352,214
Cap Rate 9%
$6,496,167
Alternative Uses
Best Use
Office B
$8.35M
$7.31M – $9.74M
NOI $584,655 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.92M
$11.31M – $15.08M
NOI $904,610 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Demographics for 99503, AK
13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Four-story office property with secured parking, surface parking, and multiple access points.
Where is this office building located?
The property is located at 3000 A St Anchorage, AK.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: 47,591 SF four‑story office building constructed in 1987; 10K SF available for occupancy on the third floor; Class A office property with modernized common areas
