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5121 Arctic Boulevard, Anchorage, AK

$5,375,000

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44,684

Square feet

2.00

Acres

About 5121 Arctic Boulevard

Rare opportunity to acquire a 100% leased, 16-tenant multi-tenant retail center at the high-traffic corner of Arctic Blvd and W. International Airport Rd. 44,684 SF on 2.07 acres, anchored by Lucky Market and Heidi's Restaurant. Strong income growth, 3-year average NOI cap rate of 6.18% (2025 actual cap rate 8.40%). Financials available with signed NDA. Please do not disturb tenants.

Features of 5121 Arctic Boulevard

MLS® # 25-144
Price $5,375,000
Square Footage 44,684
Acres 2.00
Year Built 1980
Type Commercial Sale
Status Active

Community Information

Address 5121 Arctic Boulevard
Area 10 - Spenard
Subdivision Airport Arctic L1A;Unit No. 5721A-5721H, Inclusive and Units 5011A-5011R, inclusive, INTERNATIONAL Z
City Anchorage
State AK
Zip Code 99503

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 1
Has Basement No

Additional Information

Date Listed January 6th, 2025
Days on Market 419
Zoning I1 - Light Industrial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGTK Real Estate

Listing Map

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