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    431 7Th Ave Anchorage, AK 99501

    Sponsored
    For Lease
    $18 SF/Yr ($9,120 /Mo)

    Modern Offices, Prime Location, Available Now

    Lot size:
    6,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,080 square foot office building in Anchorage Municipality offers three available executive office spaces, perfect for businesses seeking a prestigious downtown address. The building has undergone extensive remodeling, boasting modernized common areas featuring granite tile and updated lighting. A shared kitchen and break room provide convenient amenities for tenants. The property's strategic location offers unparalleled convenience, situated adjacent to the Dena'ina Convention Center and within walking distance of the State and Federal Court House. Modern features include a new digital management system for heating and cooling, enhancing energy efficiency and tenant comfort. Security is prioritized with the installation of security cameras and an electronic entrance system providing access after hours and on weekends. Spaces range from a minimum of 1,635 square feet to a maximum contiguous space of 2,625 square feet, with a total of 6,080 square feet currently vacant and available for lease. This is a rare opportunity to secure high-quality office space in a prime downtown Anchorage location. The building is ideal for businesses seeking a modern, efficient, and conveniently located workspace. The entire building is available for lease as multiple units.

    Property Features for 431 7Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,080 SF
    Total Rate
    9120

    Unit(s) available at that property

    Space
    Available Suite 204
    Size
    1,635 SF
    Rate per SF
    $18
    Space
    2nd Floor Suite 203
    Size
    1,820 SF
    Rate per SF
    $18

    HighLights

    • 6,080 SF office building available for lease in Anchorage Municipality.
    • Building features modernized common areas, granite tile, new lighting, and a shared kitchen/break room.
    • Three executive office suites available, ranging from 1,635 SF to 2,625 SF contiguous.
    • Convenient downtown location adjacent to the Dena'ina Convention Center and within walking distance of the State & Federal Courthouse.
    • Equipped with a new digital management system for HVAC, security, and electronic building access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Plan Your Federal ... Financial Planner TruBlue Therapeutic Studio Day Spa Phillip Paul Weidner ... Trial Attorney Landsick Media LLC Video Production Service Audubon Alaska Environmental Protection Organization

    Map

    City
    Anchorage
    County
    Anchorage Municipality
    State
    Alaska
    Longitude
    -149.891051
    Latitude
    61.2159368

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Offices, Prime Location, Available Now
    Where is this office property / space located?
    The property is located at 431 7Th Ave Anchorage, AK.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 6,080 SF office building available for lease in Anchorage Municipality.; Building features modernized common areas, granite tile, new lighting, and a shared kitchen/break room.; Three executive office suites available, ranging from 1,635 SF to 2,625 SF contiguous.
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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
    431 7Th Ave Anchorage, AK 99501
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