Listed by Elevate Commercial
$399,000
Fully Leased Retail Building for sale in Anchorage
Details
Property Type Retail
Sub Type Storefront
Square Footage 5,304
Net Rentable (SqFt) 5,304
Units 3
Cap Rate 10.41%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 11.52%
Pro-Forma NOI $45,948
Price per SqFt $75
Class C
Year Built 1958
Year Renovated 2018
Lot Size (SqFt) 6,250
Zoning B3 - General Business
Fully Leased 3-Unit Strip Center, 3952 Mountain View Dr
Marketing description
This 5,304 SF property features 3 fully occupied units, making it an ideal retail/strip center investment. Renovated in 2018 and zoned B3 - General Commercial, it offers versatile use and a strong income stream. With a diverse tenant mix, proximity to commercial core, and accessibility in the Anchorage area, this property presents a lucrative opportunity to add value to your investment portfolio. Largest unit includes upstairs apartment, and has been occupied by restaurant long term.
Investment highlights
- 5,304 SF building with 3 units
- Renovated in 2018
- Zoned B3 - General Commercial
- 100% occupancy
- Retail/strip center investment opportunity
- Diverse income stream from multiple tenants
Listing Contacts
Listed by Elevate Commercial
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