171 Muldoon Rd
Anchorage, AK 99504

SELLER MOTIVATED! PRICE REDUCED TO 4.60M! Increased CAP to 7.20%!!! Seller Motivated!!! The subject property is a multi-tenant retail strip center which consists of two commercial buildings with 15 units, containing approximately 22,824 square feet of floor area (GLA), located on an approximately 81,893 square-foot parcel of land. The property, 100% occupied by 13 local tenants, is located on Muldoon Road, minutes away from the Glenn Highway, in the city of Anchorage, Alaska. The prospective investor will benefit from the property' s security, stability, low management and stabilized income stream derived from long-term credit local tenants, such as Brown Jug Liquor, Oriental Market, Young Dry Cleaner, Sicilly' s Pizza, Elegant Nail Shop, Crazy Cow Grill, etc. Anchorage is centrally located in Alaska, 358 miles south of Fairbanks and 127 miles north of Seward. More than 200 domestic and international flights service the city daily. Seattle is only 3.5 hours away via jet. You can also drive to Anchorage from the Lower 48 or Canada via the Alaska Highway and the Glenn Highway, which leads right into the city's downtown. From Anchorage, you can drive north to Fairbanks along the Parks Highway or south toward the famous Kenai Peninsula and the communities of Girdwood, Seward, Soldotna, Kenai and Homer via the Seward and Sterling highways. The Alaska Railroad's main passenger depot is in Anchorage and its trains travel north to Denali National Park and Fairbanks and south to Whittier and Seward from the city.