4400 Business Park BlvdAnchorage, AK 99503

Property Details for 4400 Business Park Blvd

Year built

1974

Lot size

0.79 AC

Property size (Sq ft)

14,400 SF

Zone code

I1 LIGHT INDUSTRIAL

Property type

Office properties

Property subtype

Office buildings

APN

009-151-04-000

APU

915104000

Description

Anchorage Business Park, located at 4400 Business Park Blvd, Anchorage, AK 99503, offers a diverse range of executive and creative office spaces for lease. This Class B property comprises fourteen single-story buildings totaling 76,580 square feet, situated near Tudor Road in Anchorage County. Currently, there are 43,439 square feet of vacant space available, divisible into units as small as 1,200 square feet, with the largest contiguous space measuring 3,765 square feet. The property is ideal for businesses seeking flexible office solutions, with options ranging from smaller, efficient spaces to larger suites. The available spaces are suitable for a variety of business types, catering to both executive and creative office needs. Leasing rates start at $2.15 per square foot per month. This full-service offering excludes janitorial services, and operating expenses are passed through in most leases, with base-year set-points established. The property features multiple tenancies, providing a vibrant and collaborative work environment. This prime location offers convenient access to major thoroughfares and amenities, making it an attractive option for businesses of all sizes. Contact us today to explore the available spaces and find the perfect fit for your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $3,884,181

  6.5%

  $3,585,398

  7%

  $3,329,298

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,377,215

  Geo Method

  $2,773,152

• Alternative Use

  Use

  Valuation

  Residential

  $4,445,894

  Hospitality

  $4,072,414

  Educational

  $3,388,201

  Medical

  $3,504,726

  Retail

  $5,270,535

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.1798

Longitude

-149.89

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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