The Michael Building

Off Market

620 East 10th Avenue, Anchorage, AK 99501

  • Office
  • Government Office
  • 39,624 Sqft

The Michael Building, Anchorage, AK 99501 - Office Space

The Michael Building is located at 620 East 10th Avenue in the Downtown Anchorage neighborhood, AK, Anchorage, 99501. The Class B Office building was completed in 1976 and features a total of 39,624 Sqft.

There are 32 office spaces for lease in the Downtown Anchorage neighborhood, totaling 109,443 Sqft of available office space. The office space availability for the 99501 zip code is 133,021 Sqft, in 38 office spaces. The average asking office rent per sq. ft. in Downtown Anchorage is $26.96/sqft/year. For Class A office buildings the average office rate is $27/sqft/year, for Class B office buildings the average office rate is $27.78/sqft/year.

In Downtown Anchorage, there are 27 class B office buildings. In 1976, the same year The Michael Building was built, 2 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Anchorage, featuring 245,175 square feet of commercial space. At zip code level, there are 18 commercial properties, of which 18 are office buildings over 50,000 square feet.

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Details

  • City Anchorage
  • Neighborhood Downtown Anchorage
  • Zip Code 99501
  • Market Anchorage
  • Property Type Office - Government Office
  • Property Size 39,624 Sqft
  • Lot Size 0.98 Acre
  • Parking Spaces Avail. 91
  • Parking Ratio 2.30/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1976
  • Date Updated 07 Apr, 2020

Downtown Anchorage Demographics

The average household income in zip code 99501 is $89,427, from a total of 7,646 households. In terms of employment, there are 81.26 % white-collar and 18.74 % blue-collar jobs in zip code 99501.

Population

  • Total Population5,512
  • Male Population(52.0 %) 2,867
  • Female Population(48.0 %) 2,645
  • Median Age35.40

Income/Financial

  • Average Household Income$88,889
  • Median Household Income$57,920
  • Median Income Under 25$33,945
  • Median Income 25-44$62,398
  • Median Income 45-64$71,136
  • Median Income Over 65$46,131