5121 Arctic Boulevard
$5,375,000
5121 Arctic Boulevard, Anchorage, AK 99503
For Sale
Retail
Active
Last Updated: 07/23/2026
44,684 sqft
Building Size
1980
Year Built
Details:
Building Size: 44,684 sqft
Year Built: 1980
Zoning: Light Industrial
Floors: 1
Gross Leaseable Area: 44,684
Highlights:
- Lease Amount Frequency: Monthly
Description:
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.
Location
Gallery
