Two-Story Medical Office
9138 Arlon Street Anchorage, AK 99507
New
9138 Arlon Street, Anchorage, AK, 99507
$6,250,000
For Sale
$6,250,000
Fully leased, 100% occupied two-story multi-tenant building with a mix of medical, professional and retail uses.
Property Size16,280 SF
Price / SF$383.91
Days on Market6
Property Features for 9138 Arlon Street
General Information
- Standard status
- Active
- Size
- 16,280 SF
- Property subtype
- General Commercial
Listing Agency
(907) 565-5665
Listed by
Chambers Real Estate Services
Source
Xome
Added: Jul 15 Updated: Jul 19 at 1:46 am Checked: Jul 20 at 1:37 am
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 Chambers Real Estate Services
Investment Insights
Based on property information with market context.
This fully leased, two-story multi-tenant building offers 100% occupancy with a diversified mix of medical, professional office, and retail tenants. The tenant roster includes dental practices and other professional offices, as well as retail use including tanning. The property is presented as turnkey.
Located at 9138 Arlon Street in Anchorage’s Abbott Loop submarket, the building provides excellent visibility and access in proximity to major anchors, supporting day-to-day customer and tenant traffic.
Zoned B-3SL, the property’s current configuration supports ongoing occupancy with proven tenant retention, providing a stable income profile.
Located at 9138 Arlon Street in Anchorage’s Abbott Loop submarket, the building provides excellent visibility and access in proximity to major anchors, supporting day-to-day customer and tenant traffic.
Zoned B-3SL, the property’s current configuration supports ongoing occupancy with proven tenant retention, providing a stable income profile.
Key Highlights
- Fully leased, 100% occupied two‑story multi‑tenant office building totaling 115,197 SF
- Tenant mix includes dental practices, professional offices, and retail (including tanning)
- Anchorage Abbott Loop submarket location
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 | $410.3k | $25.20 |
| − Vacancy | −$18.5k | −$1.13 |
| EGI | $391.8k | $24.07 |
| − OpEx | −$117.5k | −$7.22 |
| NOI | $274.3k | $16.85 |
16,280 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.92M
$3.43M – $4.57M
NOI $274,256 @ 7.0% cap · market cap 4.39%
Second Best
Healthcare Medical
$3.01M
$2.64M – $3.52M
NOI $210,989 @ 7.0% cap · market cap 3.38%
Theoretical Best
Specialty Retail
$4.42M
$3.87M – $5.16M
NOI $309,450 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Samantha Mize, ...
Dental Office
Frontier Therapy
Physician
Alaska Yacht Chartering
Department Store
Dr. David Beistline
Dental Office
Snider Diane
Dental Office
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FAQs
What type of property is this?
Office building - Fully leased, 100% occupied two-story multi-tenant building with a mix of medical, professional and retail uses.
Where is this office building located?
The property is located at 9138 Arlon Street Anchorage, AK.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Fully leased, 100% occupied two‑story multi‑tenant office building totaling 115,197 SF; Tenant mix includes dental practices, professional offices, and retail (including tanning); Anchorage Abbott Loop submarket location