

3000 and 3020 Minnesota Drive
Multi-Tenant Retail & Mixed-Use Investment Opportunity
Marketing description
A 15-tenant multi-tenant retail and mixed-use investment property located at 3020 and 3000 Minnesota Drive in Anchorage, Alaska. Situated on 4.29 acres in the heart of Anchorage's Midtown corridor, this established commercial property offers a rare combination of stabilized income from long-term tenants and meaningful value-add upside through the lease-up of approximately 23,000 square feet of vacant anchor space. The property consists of two single-story masonry buildings totaling 66,681 gross square feet on a 186,800 SF (4.29-acre) site at the intersection of Minnesota Drive and W. Benson Boulevard — one of Anchorage's most heavily traveled commercial corridors. Current tenants represent a diverse mix of food & beverage, professional services, specialty retail,
entertainment, and healthcare categories, providing strong income diversification across 15 active leases.
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