This property is Off-Market

728 Gaffney Road
Fairbanks, AK 99701 ·

5,000 SF · Office For Sale

N/A

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Office Property For Sale

Price N/A Commission Split 2%
Building Size 5,000 SF Cap Rate 8%
Property Type Office Occupancy 100%
Property Sub-type Office Building Tenancy Multiple
Property Use Type Investment Lot Size 13,000 SF
Listing ID: 16558029 Date Created: 02/03/2010 Last Updated: 09/07/2011

Description

The property is improved with a 5,000 square foot office/clinic building that is currently occupied by Fairbanks Chiropractic Clinic. Basic building construction consists of a concrete foundation, concrete slab, concrete block wall construction and a built up roof. The exterior walls are insulated with 2 inches of high density blue foam and 3 3/4 inches of fiberglass batts. The roof is 18 inches of cellulose and 4 inches of roofing insulation. Interior finish consists high quality commercial carpeting and vinyl, sheetrock walls that are taped, sprayed and textured. The building floor plan consists of a large reception area and 13 exam room/offices. In the western portion of the building there is an additional reception area and office with its own separate entrance. This is the area now occupied by the Birthing Clinic. There are a total of three restrooms and several storage rooms running along the northern portion of the building.

The neighborhood encompasses the Fairbanks Central Business District which surrounds the city core area. Generally, the neighborhood boundaries consist of Chena River to the north, Steese Highway to the east, Airport Road to the south and Lathrop Street to the west. The downtown core area has been gradually extending office and commercial uses to encompass much of the original residential sections of Fairbanks. The downtown area in general has been transition from older residential developments to more intensive use including multiple family , offices, and commercial properties. A few office building were constructed in the 1980' s in the vicinity of the subject, including the Yukon Title building located next door.

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728 Gaffney Road, Fairbanks, AK 99701 (Fairbanks North Star County)

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