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Property profile & analytics
FOR LEASE
Office buildings

745 West 4Th Ave Anchorage, AK 99501

37,319 SF 0.15 ac lot Built 1986
Entity Owned 12-yr Hold Free & Clear
Property ID
US02-0005592
Property summary
AI-generated overview

This exceptional Class A office building, located at 745 West 4th Avenue in Anchorage, Alaska, offers multiple suites for lease. The property boasts a prime downtown location, situated on the corner of 4th Avenue and H Street, providing convenient access to the State Court House and the Downtown Police Department Building. Available spaces range from a minimum of 972 square feet to a maximum contiguous space of 1,944 square feet, with a total of 3,737 square feet currently vacant. Individual suites offer a variety of features, including reception areas, private windowed offices, kitchenettes, and ample storage. Many units enjoy stunning inlet and city views. The building itself has recently undergone renovations to its common areas, enhancing the overall aesthetic and functionality. Convenient parking is available directly behind the building, providing easy access for tenants and their clients. This is an unparalleled opportunity to secure prestigious office space in the heart of Anchorage. The property is zoned for professional office use and is ideal for businesses seeking a modern, well-maintained, and conveniently located workspace. Contact us today to schedule a viewing and explore the leasing options available. Zip code: 99501.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Total area 37,319 SF
Lot 0.15 ac (6,500 SF)
Zoning code B2B CENTRAL BUSINESS
APN 002-106-18-000
UPID US02-0005592
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
Current use
Occupant on record · Public records
  • Holland America Line Travel Agency Tour Operator
  • Tunista Construction LLC Construction Company
  • Quantya Department Store
  • Gray Line Travel Agency Tour Operator
  • Ounalashka Corporation Tribal Headquarters
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.54M
Blend (final) Blend
$1.88M
Owner & transaction history
Oc Communications INC · 12 yrs held
Oc Communications INC
since 2013
5 recorded transactions
2013
Price N/A
2010
Price N/A
2010
Price N/A
2003
Price N/A
1969
Price N/A
Zoning & alternative use
B2B CENTRAL BUSINESS · Anchorage, AK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.1M +18.5%
Medical building $3.0M +18.1%
Apartment house (5+ units) $2.9M +10.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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