Finding the right property for your Alaska commercial real estate needs is a major step in itself, but once you've done so, you will then move on to negotiating the lease. A commercial office lease—whether you're looking for a medical office, retail space, condo office space or business park—will be inundated with key terms and legal information that [...]
When you're looking to invest in Alaska commercial real estate, there are many risks looming around the corner. In fact, they are quite easy to run into if you're not prepared or well researched. So how do you steer clear of these investor mistakes? Getting to know the market with the help of one of [...]
Classification of commercial properties in Alaska is typically based off of the current use. For example, a restaurant on a B-3 or general commercial lot would be categorized as Hospitality—Restaurant on akCOMMERCIAL.com. However, the B-3 zoning would allow for a user to potentially change the usage and/or redevelop the lot for a different purpose. If [...]
Higher is not always better. In a previous article, we reviewed the CAP rate as an initial indicator of value in Alaska commercial real estate. Now, let’s break down a couple common pro forma line items and explore how these variables affect CAP rates and the risk profile. Reserves vs. No Reserves Capital reserves are [...]
Whether you're looking to invest in commercial real estate in Alaska or are simply searching for the right office building or property for your business, you likely have dozens of questions on your mind. Questions surrounding the location, price and space will arise and you will find yourself wondering if Anchorage AK commercial real estate is the best investment [...]
