Alaska Commercial Real Estate

Marcus & Millichap's Brown Retail Group has been exclusively selected to market for sale a two-property NNN medical portfolio in Fairbanks, AK. Both properties have been renovated specifically to suit the needs of Fairbanks Urology, Northern Alaska’s premier Urology/ Oncology provider. Both sites are 100% leased to the Fairbanks Urology practice, which is owned and backed by Integrated Oncology Network (ION), a leading national healthcare provider consisting of over 55 Oncology/Urology clinics across the U.S. The facilities are located just under a mile away from each other in Downtown Fairbanks. The 1211 Cushman St. property recently underwent an extensive $3.85M+ renovation and signed a new ten-year NNN lease in 2022. The 819 1st Ave property recently underwent a $300,000 renovation and signed a ten-year lease in 2020. Both properties feature rare, 3% annual rent increases resulting in an above 10% cap rate by 2029. Fairbanks Urology is the only standalone urology practice outside of the Anchorage MSA in all of Alaska; providing vital services to all of central and northern Alaska. The properties benefit from an affluent population with household incomes exceeding $101,000 within a 5-mile radius.

Price Reduced & Seller Financing Available.

The Landing Hotel, Restaurant & Pub is a 107 key, full-service, independent, midscale hotel. Located in Ketchikan, Alaska, this property is highly visible in the central business district. In addition, the Landing Hotel has proximity to the Ketchikan International Airport, Airport Ferry, and the main Ketchikan Ferry Terminal. The hotel features ~5,000 sq. ft. of flexible meeting/wedding and event space. Event planning and catering are available on-site and off-site for local events. The Landing Hotel boasts two exceptional dining options, The Landing Restaurant and Jeremiah’s Pub, which are popular with visitors and locals alike. Guest amenities include a lounge area and fireplace, business center, fitness center, restaurant, pub, and courtesy shuttle service.

Guest Room mix includes a selection of Standard Queen, Double Queen, Standard King, Double King, Mini-Suites, Suites, and Accessible Rooms. Room amenities include a mini-refrigerator, microwave, flatscreen TV with cable, high-speed internet (WiFi), coffee maker, and room service.

Ketchikan, Alaska, is truly the beginning of the last frontier. Set at the southernmost entrance to Alaska’s famed Inside Passage—a network of waterways that snake through some of the most jaw-droppingly beautiful wilderness in the world—Ketchikan is best known for three things: feisty salmon, idyllic scenery, and an incredibly rich Alaska Native culture. Downtown Ketchikan is easily walkable and dotted with historically significant buildings and shops featuring the work of local carvers, weavers, jewelry designers, painters, sculptors, photographers, writers, and more. Outdoor enthusiasts can enjoy year-round activities, including hiking, biking, fishing, ziplining, and more.

This listing is in cooperation with Mary Wanzer, CRS (Alaska License# RECB15317)

Cold Storage And Refrigerated Warehousing

General Warehouse Storage Unheated

Cold Storage & Quick Cargo Transfer Facility Configuration

Located Adjacent to Proposed FedEx Express Cargo Expansion

Project Is On The Tarmac At Anchorage International Airport

Approximately 15 Minute Drive to Downtown Anchorage