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    601 Northern Lights Blvd Anchorage, AK 99503

    Sponsored
    For Lease
    $22 SF/Yr ($18,531 /Mo)

    Midtown Anchorage Office/Retail, 1700 SF Available

    Lot size:
    10,017 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,700 square foot office/retail space is situated within the Pizza Plaza Mall in Anchorage, Alaska's vibrant Midtown submarket. Located at 601 E Northern Lights Blvd, 99503, this single-story, Class C building offers a prime location with high visibility and excellent access. The space is part of a larger 10,017 square foot retail and office complex built in 1969, featuring a 10-foot ceiling height. Ideal for a variety of uses, including executive or creative office space, or small retail businesses such as insurance, bookkeeping, legal services, or a hair/nail salon. The property boasts ample parking with 48 spaces available for tenants and customers. The zoning is B3, and the lot size is 26,310 square feet. Benefit from the diverse mix of co-tenancy within the mall and enjoy the high traffic counts of 20,486 ADT, with Nordstrom Rack located directly across Fairbanks Street. This space presents a unique opportunity to establish a business in a thriving Anchorage location. The minimum divisible space is 1,700 square feet, and the maximum contiguous space available is also 1,700 square feet. Currently, 1,700 square feet is vacant and ready for immediate occupancy.

    Property Features for 601 Northern Lights Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,017 SF
    Class
    C
    Total Rate
    18531.45

    Building Details

    Year Built
    1969
    Stories
    1

    Unit(s) available at that property

    Space
    Suite #J & #K
    Size
    1,700 SF
    Rate per SF
    $22

    HighLights

    • Available immediately.
    • Monument signage available.
    • 48 on‑site parking spaces.
    • High traffic counts: 18,800 ADT (2023).
    • Single‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Continental Men's Hairstyling Barber Shop Pizza Plaza Italian Restaurant Anchorage Opticians Optician Max Muscle Nutrition Sports Nutrition Store Anchorage Wellness Center Nutritionist

    Map

    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.87222866891
    Latitude
    61.195232792079

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    FAQs

    What type of property is this?
    Office space - Midtown Anchorage Office/Retail, 1700 SF Available
    Where is this office space located?
    The property is located at 601 Northern Lights Blvd Anchorage, AK.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Available immediately.; Monument signage available.; 48 on-site parking spaces.
    Request Owner's contact information
    601 Northern Lights Blvd 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
    601 Northern Lights Blvd Anchorage, AK 99503
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