3300-3340 Arctic BlvdAnchorage, AK 99518

Property Details for 3300-3340 Arctic Blvd

Year built

1979

Property size (Sq ft)

87,717 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a Class C, two-story executive office building situated at 3300-3340 Arctic Blvd, Anchorage, Alaska, 99518. Boasting a substantial 87,717 square feet of net rentable space, the property commands a compelling asking price of $9,100,000, translating to $103.74 per square foot. Built in 1979, the Midtown Business Center currently enjoys a strong 93% occupancy rate and a highly attractive 8.00% capitalization rate. The building offers ample parking, with one space provided per 1,000 square feet. This well-located Anchorage property presents a rare chance to acquire a significant office asset in a thriving market. The property's strong occupancy and impressive cap rate make it an ideal investment for those seeking stable income and potential for future appreciation. Detailed financial information is available upon request. This is a turnkey opportunity to acquire a substantial and well-maintained office building in a prime Anchorage location. The property's size, location, and current performance metrics make it a compelling investment prospect.

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.1902

Longitude

-149.898

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