One-Story Shopping
For Sale
$7,475,000
3020 Minnesota Dr, Anchorage, AK 99503
Commercial center with an independent restaurant building, established occupants, and available interior space for future leasing.
Property Size66,681 SF
Price / SF$112.10
Days on Market54
Property Features for 3020 Minnesota Dr
General Information
Standard status
Active
Size
66,681 SF
Additional Details
Corner Location
Yes
Building Details
Year Built
1977
Buildings
2
Tenancy
Multi
Listing Agency:
GTK Real Estate
(907) 283-3883
Listed By:
Andrea Costales
Source:
Kristancole
Added: Jul 8
Changed: Aug 29
Last Checked: Aug 25 at 4:58AM
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 GTK Real Estate
Investment Insights
Based on property information with market context.
The offering includes the properties at 3020 and 3000 Minnesota Drive. Improvements consist of a single-level shopping center accompanied by a separate restaurant building, with substantial on-site parking. Existing occupancy includes long-term tenants, while a sizable vacant area remains within the center. The property was constructed in 1977 and carries B3 - General Business zoning.
The site occupies the corner of Minnesota Drive and Northern Lights, providing a prominent intersection setting in Anchorage. The combination of retail-center improvements, a standalone restaurant structure, established tenancy, and available space creates a varied commercial property profile.
The site occupies the corner of Minnesota Drive and Northern Lights, providing a prominent intersection setting in Anchorage. The combination of retail-center improvements, a standalone restaurant structure, established tenancy, and available space creates a varied commercial property profile.
Key Highlights
- Shopping center plus standalone restaurant building
- Large 1‑story shopping center with substantial parking
- Sale includes 3020 & 3000 Minnesota Drive
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Commercial center with an independent restaurant building, established occupants, and available interior space for future leasing.
Where is this shopping center located?
The property is located at 3020 Minnesota Dr Anchorage, AK.
What is the asking price?
The asking price for this property is $7,475,000.
What are key features of this property?
This property features: Shopping center plus standalone restaurant building; Large 1‑story shopping center with substantial parking; Sale includes 3020 & 3000 Minnesota Drive
