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    9121 Glacier Hwy Juneau, AK 99801

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    For Lease
    Contact for pricing

    800 sq ft, prime Juneau location.

    Lot size:
    800 SF

    Property Features for 9121 Glacier Hwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    800 SF

    Building Details

    Stories
    1

    Spaces For Lease

    at 9121 Glacier Hwy, Juneau, AK 99801 Contact us
    Unit

    $25 /Mo

    Size
    800 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 800-square-foot commercial space, located at 9121 Glacier Highway, Suite 105 in Juneau, Alaska, 99801, presents a unique investment opportunity. Situated within a bustling airport shopping center, this single-story property offers high visibility and convenient access for clients and employees. The space is categorized as both medical and creative office, and retail, making it suitable for a variety of businesses. Large windows provide abundant natural light, creating an inviting atmosphere. The flexible layout allows for customization to meet specific business needs. The property includes a half bathroom. Its location near the Juneau airport provides easy access for travelers and those requiring frequent air transportation. This property benefits from high foot traffic within the shopping center, ensuring excellent exposure for your business. The property is ideal for businesses seeking a prominent location in a thriving Alaskan community, combining business potential with the natural beauty of Juneau. This is a single-tenant space offering a versatile canvas for your business aspirations.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Nail Bar Nail Salon Alaska Unlimited Realty Real Estate Agency Bowl of Pho Restaurant Donna's Restaurant Restaurant Donna's Ice Cream ... Cafe & Coffee Shop

    Map

    City
    Juneau
    County
    Juneau
    State
    Alaska
    Longitude
    -134.5829392
    Latitude
    58.3622846

    Nearby Similar for Lease

    • $20 SF/Yr
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      Nugget Mall: Juneau Retail Space

      Prime Juneau shopping center; multiple spaces available.
      8745 Glacier Hwy, Juneau, AK 99801
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    • 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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    • $22 SF/Yr
      2,187 SF

      Juneau Airport Retail Space

      Prime Corner Suite, Juneau Airport
      9131 Glacier Hwy, Juneau, AK 99801
      View Details

    FAQs

    What type of property is this?
    Office space - 800 sq ft, prime Juneau location.
    Where is this office space located?
    The property is located at 9121 Glacier Hwy Juneau, AK.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 800-square-foot commercial space at 9121 Glacier Highway, Suite 105, Juneau, AK 99801.; Located in a busy airport shopping center offering high visibility and convenient access.; Suitable for medical, creative office, or retail uses.
    (907) 321-9162 Call to check price and availability
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    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
    9121 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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