$5,375,0000 ba · 44,684 sqft
1 / 13Active
5121 Arctic Boulevard
Anchorage AK 99503
Airport Arctic
GTK Real Estate
0
Bathrooms
44,684
Sq Ft
1980
Year Built
$120/sqft2.07 acres lot1 story
MLS# 25-144· Listed Jan 6, 2025
Live MLS feedAbout This Property
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.
Property Details
Property TypeCommercial Sale
Sub TypeMixed Use
Stories1
Year Built1980
Lot Size2.07 acres
SubdivisionAirport Arctic
Legal DescriptionAirport Arctic L1A;Unit No. 5721A-5721H, Inclusive and Units 5011A-5011R, inclusive, INTERNATIONAL Z PLAZA CONDOMINIUMS
Parcel #0092211500301
MLS #25-144
Equal Housing Opportunity
Listed by: Andrea Costales · GTK Real Estate
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Mortgage Estimate
Down payment10% · $537,500
Interest rate7.0%
Loan term30 years
$32,184/mo
$4,837,500 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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