Class A Office
3000 A Street Anchorage, AK 99503
3000 A Street, Anchorage, AK, 99503
$7,900,000
For Sale
$7,900,000
Four-story Class A office building features multiple south-facing sun decks, parking garage, and basement storage with elevator access.
Property Size47,591 SF
Price / SF$165
Days on Market717
Property Features for 3000 A Street
General Information
- Standard status
- Active
- Size
- 47,591 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1987
Listing agency
Behdani Realty Company
(704) 641-1008
Listed by
Amir Behdani
(704) 641-1008
Source
Xome
Added: Aug 4, 2024 Updated: Jul 20 at 4:15PM Checked: Jul 21 at 2:58AM
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 Behdani Realty Company
Investment Insights
Based on property information with market context.
This Class A, landmark office building offers four floors of office space, including wrap-around south-facing sun decks on floors 2, 3 and 4. The property also includes a heated and secured parking garage, along with basement storage that has elevator access. Common areas have been modernized, supporting a well-maintained tenant environment.
The building is located at the intersection of A Street and Benson Blvd., with ample surface parking and three ingress/egress points for convenient access.
A 3rd-floor space totaling approximately 10,000 SF is available for occupancy. Financial information is available upon request.
The building is located at the intersection of A Street and Benson Blvd., with ample surface parking and three ingress/egress points for convenient access.
A 3rd-floor space totaling approximately 10,000 SF is available for occupancy. Financial information is available upon request.
Key Highlights
- Class A, four‑story office building built in 1987 in Midtown Anchorage
- Multiple south‑facing wrap‑around sun decks on floors 2, 3, and 4
- Available for occupancy: 3rd floor with 10,000 SF of office space
Local Financial Insights For Office B
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 | $999.4k | $21.00 |
| − Vacancy | −$219.9k | −$4.62 |
| EGI | $779.5k | $16.38 |
| − OpEx | −$194.9k | −$4.10 |
| NOI | $584.7k | $12.29 |
47,591 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Four-story Class A office building features multiple south-facing sun decks, parking garage, and basement storage with elevator access.
Where is this office building located?
The property is located at 3000 A Street 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: Class A, four‑story office building built in 1987 in Midtown Anchorage; Multiple south‑facing wrap‑around sun decks on floors 2, 3, and 4; Available for occupancy: 3rd floor with 10,000 SF of office space
