150 100Th AveAnchorage, AK 99515

Property Details for 150 100Th Ave

Year built

2008

Lot size

12.00 AC

Property size (Sq ft)

170,381 SF

Zone code

I2 HEAVY INDUSTRIAL

Property type

Retail properties

Property subtype

Other retail properties

APN

016-042-50-000

APU

1604250000

Description

This exceptional retail opportunity presents a 20,000 square foot build-to-suit or ground lease space in Anchorage Municipality. Ideally situated in a high-traffic location adjacent to a Target store, this property offers unparalleled visibility and access to a substantial customer base. The site is part of a vibrant retail center, boasting a strong tenant mix including Cabela's, Starbucks, and Xalos Mexican Grill, ensuring consistent foot traffic and brand synergy. The single-tenant space is highly adaptable, allowing for customized design and construction to meet specific business needs. Whether you prefer a build-to-suit arrangement tailored to your specifications or a ground lease option, this property offers flexibility to create a truly unique retail environment. The final price will be determined by factors including building materials, interior finishes, design specifications, lease term length, and tenant creditworthiness. This prime location provides an excellent chance to establish a thriving retail presence in a thriving Anchorage commercial district. The property's size and location make it suitable for a variety of retail concepts. Contact us to discuss this exciting opportunity and explore the possibilities. Detailed specifications and pricing are available upon request. Don't miss this chance to secure a prominent position in a successful retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $67,557,800

  6.5%

  $62,361,044

  7%

  $57,906,684

• Comparable approach

  Method

  Valuation

  Relative Method

  $130,514,000

  Geo Method

  $82,686,168

• Alternative Use

  Use

  Valuation

  Residential

  $52,603,872

  Hospitality

  $48,184,864

  Educational

  $40,089,244

  Medical

  $41,467,972

  Retail

  $62,361,044

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.1295

Longitude

-149.882

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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