3300-3340 Arctic Blvd, Anchorage, AK 99518
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.