3024 Mountain View Drive, Anchorage, AK 99501
Income-producing retail asset with diversified, national-anchor shadow tenancy at Glenn Square entrance.
- Added:
- Mar 31, 2026
- Days on Market:
- 79
- Last Refresh:
- Jun 15 at 6:56 am
Property Features for 3024 Mountain View Drive
General Information
- Standard status
- Active
- Size
- 11,068 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2007
Listing agent Jack White Commercial (907) 830-7319
Listing office (907) 830-7319
Listing date Mar 31, 2026
Source Xome
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
HighLights
- Income‑producing retail asset built in 2007
- 44 parking spaces
- NNN lease structure
- Diversified tenancy with national‑anchor shadow tenancy
Overview
The property is located at 3024 Mountain View Drive in Anchorage, AK 99501, operating as a component of the larger Glenn Square retail environment. It is presented as having strong visibility at the shopping center entrance, supported by national-anchor shadow tenancy within the center.
For buyers evaluating NNN retail, Gateway Center offers a turn-key investment profile with multiple existing tenants and an established lease structure. The diversified tenancy and reported rental history may appeal to investors looking for a retail asset tied to an anchored shopping center setting. For site and leasing details beyond the summary provided, the offering materials note that additional financial information is available upon request, and prospective parties are asked not to disturb tenants.
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 | $278.9k | $25.20 |
| − Vacancy | −$12.6k | −$1.13 |
| EGI | $266.4k | $24.07 |
| − OpEx | −$79.9k | −$7.22 |
| NOI | $186.5k | $16.85 |
Alternative Uses
Current Use by Public Records
Map
- City
- Anchorage
- County
- Anchorage
- State
- Alaska
- Longitude
- -149.822726
- Latitude
- 61.21967
