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5905-5915 Lake Otis Pky 1,684 SF of Industrial Space Available in Anchorage, AK 99507
Highlights
- 3 Phase Electric
- Electrical is 400 amp, 3 phase, 240V
- Fire Sprinkler System
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - #3 | 1,684 SF | Negotiable | $26.40 /SF/YR $2.20 /SF/MO $44,458 /YR $3,705 /MO | TBD |
1st Floor - #3
Formerly home to Kim’s Dry Cleaning, this suite offers a prime opportunity for a new operator to step in and get up and running quickly. Ideally positioned between established tenants, the space is fully plumbed and ready for washers and dryers to be installed. The property is equipped with 400-amp, 3-phase, 240V electrical service and includes existing mechanical systems such as a Venmar HRV, along with additional equipment already in place. This setup significantly reduces startup time and costs for a new dry cleaning business. A rare, ready-to-operate opportunity for an owner-user or established cleaner looking to expand.
- Private Restrooms
- Security System
- 12 Feet Ceilings, and Dry-Cleaner Ready
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 5905-5915 Lake Otis Pky, Anchorage, AK 99507
- Tenant
- Description
- US Locations
- Reach
- Acai Alaska
- -
- 1
- -
- Alaska Dinner Factory
- Supermarket
- 1
- -
- H&R Block
- Acctg/Tax Prep
- 13,496
- International
- Jazzercise
- Fitness
- 1,695
- International
- Money Mart
- Finance Company
- 190
- International
- State Farm
- Insurance
- 24,467
- National
| Tenant | Description | US Locations | Reach |
| Acai Alaska | - | 1 | - |
| Alaska Dinner Factory | Supermarket | 1 | - |
| H&R Block | Acctg/Tax Prep | 13,496 | International |
| Jazzercise | Fitness | 1,695 | International |
| Money Mart | Finance Company | 190 | International |
| State Farm | Insurance | 24,467 | National |
Property Facts
| Total Space Available | 1,684 SF | Gross Leasable Area | 16,560 SF |
| Property Type | Retail | Total Land Area | 1.81 AC |
| Property Subtype | Storefront Retail/Office | Year Built | 1983 |
| Total Space Available | 1,684 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 16,560 SF |
| Total Land Area | 1.81 AC |
| Year Built | 1983 |
About the Property
Position your business for success in this former dry cleaning location, ideally situated between national tenants. The suite is fully plumbed and configured for a seamless setup—simply bring your equipment and get to work. Property features include 400-amp, 3-phase, 240V power, along with an existing Venmar HRV system and additional infrastructure already in place. Much of the heavy lifting has been done, making this an efficient and cost-effective option for a new or expanding operator. A strong opportunity for an owner-user seeking a ready-to-activate space with minimal buildout required.
- Signage
Nearby Major Retailers
Contacts
-
Lottie Michael -
Michael James -
Berkshire Hathaway HomeServices Commercial
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5905-5915 Lake Otis Pky
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