Anchorage
Just listed is this strong investment opportunity. Occupied by two reliable, long-term tenants, producing a cap rate of about 7.5%. 4025 Old International Airport Road sits on State of Alaska lease land, through 2041. The 12,343-sf concrete/masonry building, spanning 30,750 sf, combines a 9,468-sf warehouse with a 2,875-sf two-story office. Operations are supported by (14) 8’ x 8’ dock-high doors, (6) 12’ x 14’ drive-in doors, radiant gas heat, and concrete floors. Use of this building is restricted to airport-related purposes.