3300-3340 Arctic Blvd Anchorage, AK 99518
- Office Properties & Spaces
- 87,717 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 3300-3340 Arctic Blvd
- Year built
- 1979
- Property size
- 87,717 SF
- Property type
- Office Properties & Spaces
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anchorage
- County
- Anchorage
- State
- Alaska
- Longitude
- -149.898
- Latitude
- 61.1902
