commercial building for sale
TRANSCRIPT
COMMERCIAL BUILDING FOR SALE
OFFICE
4215 CREDIT UNION DR., ANCHORAGE, AK 99503
Associate Broker | P: 907.273.7310 | C: 907.229.5525 | E: [email protected]
BENSON BLVD.
SEWA
RD
HW
Y.
MIN
NES
OTA
DR
.
INTERNATIONAL AIRPORT RD.
C STR
EET
36TH AVE.
AR
CTI
C B
LVD
.
TUDOR RD.
UNIVERSITY CENTER
SEARS MALL • Immaculate 28,480 SF office
building on Credit Union Dr. • 88,100 SF parcel with
approximately 125 parking spaces. • The building is primarily a two
story office structure with an elevator.
• Approximately half of the first floor is parking garage with the balance being office, the entire second floor is office space.
• 32,423 vehicles passing daily on C Street, and 24,602 daily on Tudor.
• Convenient Midtown location within close proximity to both Downtown and South Anchorage.
• $6.3M
BUILDING ADDRESS: 4215 Credit Union Dr., Anchorage, AK 99503
LEGAL DESCRIPTION: Yukon Industrial Park Lot 1B
ASSESSOR PARCEL #: 009-141-35-000
PROPERTY ASSESSMENT 2017: Land: $2,160,700 – Building: $3,297,300 – Total: $5,458,000
ZONING: I-1: Light industrial district. See attached zoning data.
SITE AREA: 88,100 SF (2.02 acres)
IMPROVEMENTS: 28,480 SF GBA 2-story brick panel office building
OVERHEAD DOORS: Six automatic 10” X 10” overhead doors, drive-through capable
ACCESS: Left in, left out access from Credit Union Dr.
UTILITIES: All public utilities service the property.
HVAC: System is comprised of two (2) DX Air Handling Units. AHU-1 serves floors 1 & 2 and has a cooling coil and heating coil. AHU-2 serves just the Parking Garage Area that’s under Floor 2. Air is distributed to the floors from AHU-1 via VAV (Variable Air Volume) boxes. The VAV boxes do have re-heat. Heat is provided by one gas-fired boiler. The building also has a humidifier. All HVAC systems are monitored by an automated CBAS system.
ELECTRICAL SERVICE: The building has a 1200-amp, 208V 3-phase, 4-wire service with underfloor ducting for power distribution. BACK-UP GENERATOR: 125 KW diesel generator with 3,000 gallon fuel tank. Fuel consumption 7 gal/hr. @ 75% load. Installed in 2004. SERVER ROOM: The Computer Server room is cooled via two (2) MCU’s (Modular Cooling Units) separately controlled. One is designated for backup. The floor is raised panel flooring. ELEVATOR: Details forthcoming.
OFFICE: Approximately 21,756 SF (entire 2nd floor and ½ of the 1st floor) GARAGE: Approximately 6,724 SF with floor drains and oil/water separator
OFFERING: $6,300,000
DISCLOSURE: Buyer and or Buyer’s Licensee are responsible to verify all information and to conduct their own due diligence investigations to determine suitability of the property for the Buyer’s intended uses.
SALIENT FACTS
Associate Broker | P: 907.273.7310 | C: 907.229.5525 | E: [email protected]
ZONING
Associate Broker | P: 907.273.7310 | C: 907.229.5525 | E: [email protected]
21.04.050 - Industrial districts.
A. General purpose/intent. The industrial zoning districts established in this section generally
are intended to:
1.Create suitable environments for various types of industrial uses;
2.Reserve appropriately located areas for industrial purposes, and limit non-industrial uses
that may erode the supply of industrial lands;
3.Provide adequate space to meet the needs of future industrial development, including off-
street parking and loading;
4.Strengthen and diversify the municipality's economic industrial base and provide
employment opportunities;
5.Minimize land use impacts of industrial development on abutting non-industrial districts;
and
6.Protect stream corridors, wetlands, and other important natural resources from the adverse
impacts of industrial development.
B. I-1: Light industrial district.
1.Purpose. The I-1 district is intended primarily for public and private light and general
manufacturing, processing, service, storage, wholesale, and distribution operations along with
other uses that support and/or are compatible with industrial uses. Business-industrial parks
and single-commodity bulk retail sales and building supply stores and services are allowed.
Many commercial uses are also permitted and/or conditionally allowed, with some limitations
on the more intensive customer retail, community service, and commercial employment
establishments, to reduce land use and traffic conflicts, promote efficient use of industrial
lands, and encourage the location of intensive commercial activities in commercial centers.
This district is applied in areas designated as industrial/commercial by the comprehensive
plan.
DISCLAIMER CONFIDENTIAL MEMORANDM & DISCLAIMER
Jack What Commercial (“Broker”) and Marc Dunne (“Licensee”), collectively herein referred to as “Agent”, have been engaged as the exclusive agent for the sale of the property described in this Offering Memorandum (the “Property”), by the owner of the Property (“Seller”). Agent represents the Seller only. The Property is being offered for sale in “as-is”, where-is condition and Seller and Agent make no representations or warranties as to the accuracy of the information contained in this Offering Memorandum. The enclosed materials include highly confidential information and are being furnished solely for the purpose of review by prospective purchasers of the interest described herein. Neither the enclosed materials nor any information contained herein is to be used for any other purpose or made available to any other person without the express written consent of the Seller. The enclosed materials are being provided solely to facilitate the prospective investor’s own due diligence for which it shall be fully and solely responsible. The material contained herein is based on information and sources deemed to be reliable, but no representation or warranty, express or implied, is being made by Agent or Seller or any shareholders, partners and directors, as to the accuracy or completeness of the information contained herein. Summaries contained herein of any legal or other documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. Neither the Agent nor the Seller shall have any liability whatsoever for the accuracy or completeness of the information contained herein or any other written or oral communication or information transmitted or make available or any action taken or decision made by the recipient with respect to the Property. Interested parties are to make their own investigations, projections and conclusions without reliance upon the material contained herein. Seller reserves the right, at its sole and absolute discretion, to withdraw the Property from being marketed for sale at any time and for any reason. Seller and Agent each expressly reserves the right, at their sole and absolute discretion, to reject any and all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time, prior to sale or withdrawal from the market without notice. Agent is not authorized to make any representations or agreements on behalf of Seller. Seller shall have no legal commitment or obligation to any interested party reviewing the enclosed materials, performing additional investigation and/or making an offer to purchase the Property unless and until a binding written agreement for the purchase of the Property has been fully executed, delivered, and approved by Seller and any conditions to Seller’s obligation thereunder have been satisfied or waived. By taking possession of any reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a highly confidential nature and will be held and treated in the strictest confidence and shall be returned to Agent or Seller promptly upon request; and (b) the recipient shall not contact employees or tenants of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property without the prior written authorization of Seller or Agent; and (c) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Seller or Agent or as otherwise provided in the Confidentiality and/or Registration Agreement executed and delivered by the recipient(s) to Jack White Commercial.
Associate Broker | P: 907.273.7310 | C: 907.229.5525 | E: [email protected]
ALASKA REAL ESTATE COMMISSION CONSUMER DISCLOSURE
This Consumer Disclosure, as required by law, provides you with an outline of the duties of a real estate licensee (licensee). This document is not a contract. By signing this document you are simply acknowledging that you have read the information herein provided and understand the relationship between you, as a consumer, and a licensee. (AS 08.88.600 – 08.88.695)
There are different types of relationships between a consumer and a licensee. Following is a list of such relationships created by law:
Specific Assistance
The licensee does not represent you. Rather the licensee is simply responding to your request for information. And, the licensee may "represent" another party in the transaction while providing you with specific assistance.
Unless you and the licensee agree otherwise, information you provide the licensee is not confidential.
Duties owed to a consumer by a licensee providing specific assistance include:
a. Exercise of reasonable skill and care; b. Honest and good faith dealing; c. Timely presentation of all written communications; d. Disclosing all material information known by a licensee regarding the physical condition of a property; and e. Timely accounting of all money and property received by a licensee.
Representation
The licensee represents only one consumer unless otherwise agreed to in writing by all consumers in a transaction.
Duties owed by a licensee when representing a consumer include:
a. Duties owed by a licensee providing specific assistance as described above; b. Not intentionally take actions which are adverse or detrimental to a consumer; c. Timely disclosure of conflicts of interest to a consumer; d. Advising a consumer to seek independent expert advice if a matter is outside the expertise of a licensee; e. Not disclosing consumer confidential information during or after representation without written consent of the consumer
unless required by law; and f. Making a good faith and continuous effort to accomplish a consumer's real estate objective(s).
Neutral Licensee
A neutral licensee is a licensee that provides specific assistance to both consumers in a real estate transaction but does not “represent” either consumer. A neutral licensee must, prior to providing specific assistance to such consumers, secure a Waiver of Right to be Represented (form 08-4212) signed by both consumers.
Duties owed by a neutral licensee include:
a. Duties owed by a licensee providing specific assistance as described above; b. Not intentionally taking actions which are adverse or detrimental to a consumer; c. Timely disclosure of conflicts of interest to both consumers for whom the licensee is providing specific assistance; d. If a matter is outside the expertise of a licensee, advise a consumer to seek independent expert advice; e. Not disclosing consumer confidential information during or after representation without written consent of the consumer
unless required by law; and f. Not disclosing the terms or the amount of money a consumer is willing to pay or accept for a property if different than
what a consumer has offered or accepted for a property.
If authorized by the consumers, the neutral licensee may analyze and provide information on the merits of a property or transaction, discuss price terms and conditions that might be offered or accepted, and suggest compromise solutions to assist consumers in reaching an agreement.
Designated Licensee
In a real estate company, a broker may designate one licensee to represent or provide specific assistance to a consumer and another licensee in the same office to represent or provide specific assistance to another consumer in the same transaction.
08-4145 (Rev. 02/2015) Page 1 of 2
ACKNOWLEDGEMENT:
I/We, __________________________ have read the information provided in this Alaska Real Estate (print consumer’s name(s))
Consumer Disclosure and understand the different types of relationships I/we may have with a real estate licensee. I/We
understand that Marc Dunne and Brian Endsley of Jack White Commercial
(licensee name) (brokerage name)
will be working with me/us under the relationship(s) selected below.
Specific assistance without representation.
Representing the Seller/Lessor only. (may provide specific assistance to Buyer/Lessee)
(INITIAL)
Representing the Buyer/Lessee only. (may provide specific assistance to Seller/Lessor)
Neutral Licensee. (must attach Waiver of Right to be Represented, form 08-4212)
Date: Signature: Marc Dunne
Date: Signature: Brian Endsley
Date: Signature: (Consumer)
Date: Signature: (Consumer)
THIS CONSUMER DISCLOSURE IS NOT A CONTRACT
08-4145 (Rev. 02/2015) Page 2 of 2