3600 Lake Otis Pkwy, Anchorage, AK 99508
Two-story medical/office building with updated suites and common areas.
- Added:
- Sep 4, 2025
- Days on Market:
- 308
- Last Refresh:
- May 19 at 11:23 pm
Property Features for 3600 Lake Otis Pkwy
General Information
- Standard status
- Active
- Size
- 6,796 SF
- Lot size
- 0.43 Acres
Listing office Jack White Commercial (907) 563-5500
Listing date Sep 4, 2025
Source Exprealty
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HighLights
- Incredible visibility and monument signage from a prominent Anchorage intersection.
- Outstanding medical/office building location at 36th and Lake Otis.
- 6,796 SF building on 18,594 SF of land (2 parcels).
- Updated suites and common areas.
- 1,700 SF available on the 2nd floor.
- Owner would vacate the ground floor if desired.
Overview
Local Financial Insights For Healthcare Medical
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 | $163.1k | $24.00 |
| − Vacancy | −$16.3k | −$2.40 |
| EGI | $146.8k | $21.60 |
| − OpEx | −$58.7k | −$8.64 |
| NOI | $88.1k | $12.96 |
Alternative Uses
Current Use by Public Records
Map
- City
- Anchorage
- County
- Anchorage
- State
- Alaska
- Longitude
- -149.8388142
- Latitude
- 61.1878484