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Six-Story Office Building
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949 E 36th Ave, Anchorage, AK 99508

Multi-tenant office property with recent building-system upgrades and strong occupancy.

Property Size143,581 SF
Days on Market143

Property Features for 949 E 36th Ave

General Information

Standard status Active
Size 143,581 SF
Net Rentable 143,581 SF
Property subtype Office
Occupancy 98%
Net Operating Income $3,480,720

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1976
Buildings 1
Stories 6
Tenancy Multi
Listing Agency: Kidder Mathews Orange County
Listed By: Peter Beauchamp · License #CA 01151023
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:49PM

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 Kidder Mathews Orange County

Investment Insights

Based on property information with market context.

The six-story office building at 949 E 36th Ave contains 143,581 SF and was constructed in 1976. Recent capital work includes a replacement roof, re-piped water and drain lines, a new fire panel, and new HVAC fans. The property is 98% leased, with major occupancy associated with GSA and CH2M Hill, Inc.; CH2M Hill occupies 95,982 SF, with its lease scheduled to expire June 30, 2025.

Positioned at the northeast corner of the Seward Highway and 36th Avenue, the property provides access to multiple transportation connections. It also sits near the University of Alaska-Anchorage, Alaska Pacific University, Providence Hospital, and Alaska Native Medical Hospital within the University/Medical District. The building offers large floor plates, and its in-place WALT is Six (6) Years.

Key Highlights

  • 143,581 SF six‑story office building constructed in 1976
  • 98% leased with WALT of Six (6) Years
  • CH2M Hill, Inc. occupies 95,982 SF; lease expires June 30, 2025

Property Analytics

Current Use

Natural Resources Conservation Sustainability Organization Norcon Construction Company Jacobs Engineering Consultant US Housing & Urban ... Local Government Office ATM Atm

Lease Details

98%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Demographics for 99508, AK

34,394
Population
14,219
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,844
Density / Sq Mi
$72,751
Median Household Income
$40,937
Median Earnings
$1,353
Median Rent
$309,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office property with recent building-system upgrades and strong occupancy.
Where is this office building located?
The property is located at 949 E 36th Ave Anchorage, AK.
What are key features of this property?
This property features: 143,581 SF six‑story office building constructed in 1976; 98% leased with WALT of Six (6) Years; CH2M Hill, Inc. occupies 95,982 SF; lease expires June 30, 2025
(907) 230-3638 Call to check price and availability
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