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Two-Story Medical Office Building

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
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.

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 (±1% cap)
NOI $274,256 @ 7.0% cap · market cap 4.39%
Second Best
Healthcare Medical
$3.01M
$2.64M – $3.52M (±1% cap)
NOI $210,989 @ 7.0% cap · market cap 3.38%
Theoretical Best
Specialty Retail
$4.42M
$3.87M – $5.16M (±1% cap)
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

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
Contact an agent
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