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Commercial · Mixed Use · For Sale
5121 Arctic Boulevard
Anchorage, AK 99503 · Anchorage
$5,375,000
| Price | $5,375,000 |
|---|---|
| Building SF | 44,684 SF |
| Lot Size | 2.07 acres (90,169 SF) |
| Zoning | I1 - Light Industrial |
| Year Built | 1980 |
| APN | 0092211500301 |
| MLS # | 25-144 |
Overview
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.
Listing Office: GTK Real Estate
AK MLSLast updated July 22, 2026
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