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814 W Northern Lights Blvd
Anchorage, AK 99503 Spenard

$4,800,000 USD

Self Storage For Sale • 48,851 SF

Property Details

Property Type Self Storage
Total Building Size 48,851 SF
Lot Size 1.64 AC
Building Class B
Year Built 1963
Cap Rate 6.25 %
Zoning B3, Anchorage

43 Transit Score

94 Walk Score

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

Property Flyers

Diamond Self Storage OM Anchorage AK

Diamond Self Storage - Anchorage AK - 5 Year PF and IRR Model - 10.01.25

Financial Summary (Proforma)

Net Operating Income: $303,343 USD (2025)

Cap Rate:	6.25 %
Total Expenses:	$308,369 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Alaska Grands Group
Alaska Natural Organics		12/31/2019
Diamond Parking Service
Environ Commercial Services
Full Circle Farms		12/31/2011
Green Alaska Solutions, Llc
Northern Lights Mini Storage
The Robbins Agency

Amenities

Controlled Access
Property Manager on Site
Signage
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Merrill Field	10 min	-	3.9 mi
Ted Stevens Anchorage International	10 min	-	4.6 mi

Ryan Layton 509-435-2424 American Real Estate Associates, Inc

814 W Northern Lights Blvd Anchorage, AK 99503 Spenard