8745 GLACIER HWY, JUNEAU, AK 99801

Extremely Low Basis Play with Optionality: Offered at an extremely low price per square foot

for building and land in a market where construction costs run roughly 40% above the national average, establishing a meaningful barrier to new competing supply. Sportsman’s Warehouse anchors 19.6% of GLA through 2036, providing a decade of contractual income stability on the property’s largest tenant at 27,852 sq. ft.

Value-Add Opportunity with Strong Stabilized Return-on-Cost: Value-add upside through

lease-up of 57,104 sq. ft. of vacancy, including the 22,176-sq.-ft. former JoAnn box, with market rents

underwritten conservatively relative to in-place tenants. 11.96% CAGR.

Rare Large Scale Commercial Land Site in the Mendenhall Valley: Nugget Mall sits on 12.05

acres on five separate parcels, offering investors the flexibility to sell off individual components and capitalize

on the cap rate spread between whole-property and parcel-level pricing.

Largest Commercial Land Site in the Valley: Juneau’s geography creates an significant barrier to

new retail supply, insulating Nugget Mall as the dominant community shopping center in the Mendenhall Valley. Seller is investing $2 million in structural roof improvements, meaningfully reducing near-term capital risk for an incoming buyer.