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3000 Minnesota Dr
Anchorage, AK 99503
Retail Property For Sale
Investment Highlights
- The property consists of two single-story masonry buildings totaling 66,681 gross square feet on a 186,800 SF (4.29-acre).
- 15-tenant multi-tenant retail and mixed-use investment property.
Executive Summary
Sale to include 3020 and 3000 Minnesota Drive.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
65,533 SF
Building Class
B
Year Built
1972
Price
$7,475,000
Price Per SF
$114.06
Cap Rate
8.59%
NOI
$642,103
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
4.31 AC
Zoning
B3 - The B-3 General Business District in Anchorage is designed for general commercial, service, and office uses.
Property Taxes
| Parcel Number | 01002524000 | Improvements Assessment | $1,297,500 |
| Land Assessment | $4,058,800 | Total Assessment | $5,356,300 |
Property Taxes
Parcel Number
01002524000
Land Assessment
$4,058,800
Improvements Assessment
$1,297,500
Total Assessment
$5,356,300
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