4241 B Street

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4241 B Street

Anchorage, AK 99503
Asking Price
$2.69M
Asset Type
Traditional Office Office
Class
Class B

What's Special

Midtown Office Building with Existing Income, Immediate Occupancy, & Lease-Up Potential <p>• Bank-Owned Asset offering a rare opportunity to acquire a well-maintained office building in Midtown Anchorage.</p><p>• 21,944 SF office building on approximately 0.45 acres across two tax lots.</p><p>• Approximately 29% occupied, with an additional 3,873 SF suite under lease negotiations that would increase occupancy to approximately 48% upon lease execution.</p><p>• Significant immediate occupancy available for an owner-user seeking headquarters, expansion space, or departmental consolida

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NOI
$80,000
Cap Rate
2.97%
DSCR
0.50
Underwater
Cash-on-Cash
-9.89%
Monthly Payment
$13,333.39
Annual Cash Flow
$-80,000.675

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