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    9131 Glacier Hwy Juneau, AK 99801

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    For Lease
    Contact for pricing

    Prime Corner Suite, Juneau Airport

    Lot size:
    2,187 SF

    Property Features for 9131 Glacier Hwy

    General Information

    Property type
    Airport retail
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,187 SF
    Total Rate
    4045.95

    Building Details

    Stories
    1

    Spaces For Lease

    at 9131 Glacier Hwy, Juneau, AK 99801 Contact us
    Unit

    $22 /Mo

    Size
    2,187 SF
    Contact us

    We can help!

    Listing Contact
    Angie Nolan
    Angie Nolan

    Listing Agency: Alaska Unlimited Realty Listing Agent: Angie Nolan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 2,187 square foot retail space is ideally situated in the bustling Juneau Airport Shopping Center. Located on a prime corner, this single-story suite offers excellent visibility and accessibility for any business. The property features a convenient half bathroom, multiple dressing rooms, and ample back storage space, providing versatility for a range of retail operations. The enclosed mall environment ensures a comfortable and secure shopping experience for customers, while its proximity to Juneau International Airport guarantees high foot traffic from both travelers and local residents. The Airport Shopping Center boasts a diverse mix of established businesses, creating a vibrant and thriving retail community. This is a unique opportunity to establish a presence in a high-traffic location with strong potential for growth. The space is ready for immediate occupancy, offering a turnkey solution for businesses seeking a prime retail location in Juneau. The single-tenancy setup provides complete control and flexibility for the tenant. Don't miss this chance to secure a prominent position in a successful and well-established shopping center. This is an exceptional opportunity for a business seeking high visibility and convenient access to a large customer base.
    Property Profile Location Intelligence

    Current Use by Public Records

    Village Barber Shop Barber Shop Associated Credit Agency, ... Financial Advisor Checkmate Pawn Shop ... Discount Store Outdoor Headquarters (Bike/Boat/Book/etc) Store Tot 2 Teen Discount Store

    Map

    City
    Juneau
    County
    Juneau
    State
    Alaska
    Longitude
    -134.5831715
    Latitude
    58.3617974

    Nearby Similar for Lease

    • $20 SF/Yr
      135,484 SF

      Nugget Mall: Juneau Retail Space

      Prime Juneau shopping center; multiple spaces available.
      8745 Glacier Hwy, Juneau, AK 99801
      View Details
    • Contact for pricing

      Retail Space in Fred Meyer

      In-store retail space for lease with high foot traffic.
      8181 Glacier Hwy, Juneau, AK 99801
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    • $25 SF/Yr
      800 SF

      Juneau Airport Office Suite

      800 sq ft, prime Juneau location.
      9121 Glacier Hwy, Juneau, AK 99801
      View Details

    FAQs

    What type of property is this?
    Airport retail - Prime Corner Suite, Juneau Airport
    Where is this airport retail located?
    The property is located at 9131 Glacier Hwy Juneau, AK.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Prime corner retail space available in Juneau Airport Shopping Center.; 1-story, 2,187 square foot single-tenant space.; Includes half bath, dressing rooms, and rear storage.
    (907) 321-9162 Call to check price and availability
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    9131 Glacier Hwy Juneau, AK 99801
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9131 Glacier Hwy Juneau, AK 99801
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Angie Nolan
    Angie Nolan
    Real Estate License ID: 18175
    (907) 321-9162
    Learn more
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