725 E Northern Lights Blvd | Anchorage, AK 99503
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725 E Northern Lights Blvd
Anchorage, AK 99503
$283,240 Co-Broke Fee: 14+ Year NNN Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Very Strong Store: $3.6M in Reported Sales
- 62,071 Cars Per Day at Intersection
- 8 Years of Interest Only Cash Flow Remain
- Tax-Free State
- Better Than Market 3.6% Rate on Interest Only Loan
- Walgreens Corporate Credit Guarantees the Rent
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.39 AC
Zoning
B3
Parking
54 Spaces (4.15 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Skylights
- Drive Thru
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 00901614000 | Improvements Assessment | $2,043,000 |
| Land Assessment | $1,940,900 | Total Assessment | $3,983,900 |
PROPERTY TAXES
Parcel Number
00901614000
Land Assessment
$1,940,900
Improvements Assessment
$2,043,000
Total Assessment
$3,983,900
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