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Northern Lights Medical Center

1863-1867 Airport Way
Fairbanks, AK 99701
Availability: Price:$7,000,000 Size:45,747 SF
Shipping: 45,747-Square-Foot, Multi-Tenant, Medical Office Center in Fairbanks, Alaska.
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Description





Agents

BEN TASHAKORIAN | FIRST VICE PRESIDENT


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

David Benjamin | Associate


Member: NOIPG
License: CA 01934605
Dir: (858) 373-3165
Fax: (858) 373-3110
david.benjamin@marcuamillichap.com

Description

Marcus & Millichap is pleased to offer for sale this attractive two-story, elevator-served medical office building located at 1867 Airport Way in Fairbanks, Alaska. The Northern Lights Medical Center was constructed in 1971 and 2003. Comprised of 45,747 square feet, the subject is situated in close proximity to the 159-bed Fairbanks Memorial Hospital. The project is anchored by AA Credit Rated Dignity Health/ Fairbank Urgent Care who occupies 28 percent. In a separate property on the same parcel, Fresenius Medical Care occupies 18%. The MOB has a solid anchor tenant and diverse mix of specialized tenant spaces.

Offering Price

$7,000,000

Net Rentable Area

45,747 SF

Year Constructed

1971 and 2003

Land Area

6.06

Occupancy

91%

CAP Rate - Year 1

8.48%

Building Type

Medical Office

Total Suites

17

Details

  • 22932198
  • Office
  • Price:$7,000,000 Size:45,747 SF
  • New

Categories

Shipping Information

  • Item Requires Shipping
  • 45,747-Square-Foot, Multi-Tenant, Medical Office Center in Fairbanks, Alaska.

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