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    OFF-MARKET
    Office Spaces

    3300-3340 Arctic Blvd, Anchorage, AK 99518

    87,717 SF Built 1979
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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