List Search

725 E Northern Lights Blvd
Anchorage, AK 99503

$14,162,000 USD

Drugstore For Sale  •  14,550 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,550 SF
  • Lot Size 1.39 AC
  • Building Class B
  • Year Built 2010
  • Cap Rate 5.10 %
  • Tenancy Single
  • Zoning B3
36 Transit Score
71 Walk Score

Highlights

Very Strong Store: $3.6M in Reported Sales
Better Than Market 3.6% Rate on Interest Only Loan
62,071 Cars Per Day at Intersection
Tax-Free State
8 Years of Interest Only Cash Flow Remain
Walgreens Corporate Credit Guarantees the Rent

Property Flyers

Cap Rate: 5.10 %

Amenities

  • Signage
  • Skylights
  • Drive Thru
  • Storage Space
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Merrill Field 8 min - 3.1 mi
Ted Stevens Anchorage International 11 min - 5.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 54
Type: Surface
Included in Rent: Yes
Arthur Griffith 888-434-9701 Deerfield Partners - The Drugstore Experts
Arthur Griffith 888-434-9701 Deerfield Partners - The Drugstore Experts