Property profile

3300-3340 Arctic Blvd Anchorage, AK 99518

OFF-MARKET
Office Spaces
87,717 SF Built 1979
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1979
Total area 87,717 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3300-3340 Arctic Blvd Anchorage, AK 99518
Anchorage metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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