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    500 Benson Blvd Anchorage, AK 99503

    For Sale
    $3,950,000

    Midtown Anchorage Retail Center - Owner/User Opportunity

    Property size:
    26,233 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 26,233 square foot shopping center in Anchorage, Alaska, presents a unique owner/user opportunity. Located at 500 E. Benson Blvd, 99503, this multi-tenant property boasts a prime Midtown location, benefiting from high daily traffic exceeding 21,000 vehicles. Its strategic position across from Midtown Mall and adjacent to Metro Mall, with easy access to the Seward Highway, ensures maximum visibility and accessibility. The 73,757 square foot lot provides ample space, complemented by 85 parking spaces for customer convenience. Currently, the center houses established businesses including Little Caesars Pizza and Silk Restaurant and Sushi Bar. The flexible layout allows for owner/user occupancy ranging from 9,590 to 19,421 rentable square feet, providing significant potential for expansion or customization. The asking price for this thriving retail center is $3,950,000. This property represents a compelling investment opportunity in a high-demand Anchorage market. The property's strong tenant base and ideal location make it an attractive prospect for both investors and owner-operators seeking a foothold in a bustling commercial area.

    Property Features for 500 Benson Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    26,233 SF

    HighLights

    • $3,950,000 asking price.
    • 26,233 square foot multi‑tenant shopping center.
    • Located at 500 E Benson Blvd, Anchorage, AK 99503.
    • 73,757 square foot lot with 85 parking spaces.
    • Prime Midtown Anchorage location with high daily traffic counts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anodyne Pain & Wellness ... Medical Clinic Destiny Ingram Nurse Practitioner Heather Bitgood Physical Therapist Dr. Joel Ingersoll Chiropractor Lauren Alexandra Crone ... Chiropractor

    Map

    City
    Anchorage
    County
    Anchorage Municipality
    State
    Alaska
    Longitude
    -149.8749159
    Latitude
    61.1927912

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    FAQs

    What type of property is this?
    Lifestyle center - Midtown Anchorage Retail Center - Owner/User Opportunity
    Where is this lifestyle center located?
    The property is located at 500 Benson Blvd Anchorage, AK.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: $3,950,000 asking price.; 26,233 square foot multi-tenant shopping center.; Located at 500 E Benson Blvd, Anchorage, AK 99503.
    Request Owner's contact information
    500 Benson Blvd Anchorage, AK 99503
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    Anchorage, AK 99503
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    Realmo Value Estimation

    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.

    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.

    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
    500 Benson Blvd Anchorage, AK 99503
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