814 W Northern Lights Blvd - Self-Storage Facilities FOR SALE


Anchorage, AK 99503- Spenard
$4,800,000 USD
509-435-2424
814 W Northern Lights Blvd, Anchorage, AK for Sale
$4,800,000 USD
Self-Storage Facilities - FOR SALE
1/11
null | 6.25% Cap Rate

814 W Northern Lights Blvd
Anchorage, AK 99503
Spenard


HIGHLIGHTS

  • Undersupplied Storage Market with less than 4.6 SF per Capita
  • +91% Occupancy Storage | 100% Occupancy Office/Warehouse
  • Prime Location | Central Anchorage Arterial

OVERVIEW

Diamond Self Storage presents an institutional-quality mixed- use storage and office/warehouse investment opportunity in the heart of Anchorage, Alaska. Situated along West Northern Lights Boulevard—a major arterial in Central Anchorage—the property combines 49,754 square feet of well-maintained improvements across 1.64 acres. Adjacent to Turnagain one of the most affluent neighborhoods in Anchorage. The facility includes 21,693 square feet of premium interior heated storage and 18,195 square feet of stabilized office/warehouse space, offering diversified and steady income streams. With 91% storage occupancy and 100% leased office space, the asset delivers a strong in-place income profile with proven operational stability. Currently generating an annualized NOI of approximately $303,343, Diamond Self Storage offers investors a compelling opportunity to capture continued rent growth and operational upside in an undersupplied Anchorage Self storage market characterized by high demand and barriers to entry

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Diamond Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

B3, Anchorage

APN/PARCEL ID

01001460000,1001432000

ASK ABOUT THIS PROPERTY

Ryan LaytonAmerican Real Estate Associates, IncMore Info
509-435-2424

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Ryan LaytonAmerican Real Estate Associates, IncMore Info
509-435-2424

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.