Office/Warehouse Flex
5400 A Street Anchorage Anchorage, AK 99518
5400 A Street Anchorage, Anchorage, AK, 99518
$3,200,000
Pending
For Sale
$3,200,000
Pending
Two well-maintained buildings on 1.27 acres include dock-high and overhead doors plus office space with sprinklers and fiber connectivity.
Property Size22,590 SF
Days on Market13
Property Features for 5400 A Street Anchorage
General Information
- Standard status
- Pending
- Size
- 22,590 SF
Building Details
- Year Built
- 1984
Listing agency
(907) 263-9333
Listed by
Michelle Sanford
(907) 263-9333
Source
Herringtonlifestyleandliving
Added: Jul 10 Updated: Jul 21 at 7:00PM Checked: Jul 21 at 7:00PM
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 Michelle Sanford
Investment Insights
Based on property information with market context.
This two-building property is located on a 1.27-acre site in a light industrial area. The 5400 A Street building is an office/warehouse configuration with dock-high and overhead doors and a fenced yard. The 5450 A Street building is a two-story office structure. Both buildings are well-maintained and include sprinkler systems. Each building is fiber-lit for high-speed connectivity.
The site has frontage on both A and B Streets and is off International. With office and warehouse components on-site, the layout supports a range of light industrial and office needs while keeping operations contained within the fenced area.
Overall, the offering combines office space with warehouse functionality, including multiple door types and a yard area at the office/warehouse building.
The site has frontage on both A and B Streets and is off International. With office and warehouse components on-site, the layout supports a range of light industrial and office needs while keeping operations contained within the fenced area.
Overall, the offering combines office space with warehouse functionality, including multiple door types and a yard area at the office/warehouse building.
Key Highlights
- Two‑building office/warehouse site on 1.27 acres in a light industrial area off International
- 5400 A Street: office/warehouse with dock‑high & overhead doors and a fenced yard
- 5450 A Street: two‑story office building
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 | $474.4k | $21.00 |
| − Vacancy | −$104.4k | −$4.62 |
| EGI | $370.0k | $16.38 |
| − OpEx | −$92.5k | −$4.10 |
| NOI | $277.5k | $12.29 |
22,590 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.96M
$3.47M – $4.63M
NOI $277,518 @ 7.0% cap · market cap 8.67%
Second Best
Warehouse
$3.85M
$3.37M – $4.49M
NOI $269,301 @ 7.0% cap · market cap 8.42%
Theoretical Best
Specialty Retail
$6.13M
$5.37M – $7.16M
NOI $429,391 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two well-maintained buildings on 1.27 acres include dock-high and overhead doors plus office space with sprinklers and fiber connectivity.
Where is this flex space located?
The property is located at 5400 A Street Anchorage Anchorage, AK.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Two‑building office/warehouse site on 1.27 acres in a light industrial area off International; 5400 A Street: office/warehouse with dock‑high & overhead doors and a fenced yard; 5450 A Street: two‑story office building
