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3952 Mountain View Dr 5,304 SF 100% Leased Retail Building Anchorage, AK 99508 $399,000 ($75.23/SF) 11.38% Cap Rate


INVESTMENT HIGHLIGHTS
- Fully leased investment property
- Recent renovation to interior and exterior
- Easily accessible from Glenn Hwy from Bragaw exit
EXECUTIVE SUMMARY
Fully leased 3-unit commercial investment property with easy access from Glenn Hwy off Bragaw exit. For sale at a 10% cap! Attractive full exterior remodel, and two units with interior remodels. Popular pizza restaurant occupies largest unit with an additional upstairs apartment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,304 SF
Year Built/Renovated
1986/2019
Price
$399,000
Price Per SF
$75.23
Cap Rate
11.38%
NOI
$45,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.87
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
B3
AMENITIES
- Restaurant
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 00503507000 | Improvements Assessment | $154,100 |
| Land Assessment | $100,300 | Total Assessment | $254,400 |
PROPERTY TAXES
Parcel Number
00503507000
Land Assessment
$100,300
Improvements Assessment
$154,100
Total Assessment
$254,400
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3952 Mountain View Dr
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