GLENN SQUARE. Direct (907) akcommercialproperties.com

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1 FOR SALE OFFICE BUILDING 1410 RUDAKOF CIR., ANCHORAGE, AK ,672 SF office building on a 15,834 SF parcel for sale. Great location near the intersection of Debarr Road and Bragaw Street. Excellent exposure with over 21,000 vehicles passing daily on Debarr and over 16,000 daily on Bragaw. Zoned B3 general business. Easy access from Debarr & Bragaw. Building is currently configured for singletenant use. Building provides glass window frontage along the south and east sides of the building, reception area, multiple private offices, conference room, kitchen, four restrooms, and several storage/ work areas. Recent building upgrades include a new security system, new roof, new HVAC system, new wall-mounted air-conditioning unit in the telecommunications room, new energy efficient lighting system, and new floor coverings. Approximately 35 parking spaces. $960,000 GLENN SQUARE BRAGAW ST. E. NORTHERN LIGHTS BLVD. DEBARR RD. BONIFACE PKWY.

2 SUMMARY SUMMARY: The subject property is a 5,672 SF, wood frame and metal and wood sided office building constructed in 1984 and remodeled in 1997 and The structure has an effective age of +/- 25 years. BUILDING ADDRESS: 1410 Rudakof Circle, Anchorage, Alaska LEGAL DESCRIPTION: Lot 5A, Debarr Bragaw Subdivision ASSESSOR PARCEL #: TAXES: $9, ZONING: B3 general business SITE AREA: 15,834 SF, rectangular IMPROVEMENTS: The subject is improved with a 5,672 SF, one story, wood-frame, custom metal panel and plywood wood sided, office building. The structure is constructed on a concrete footer and floor system and has a flat-built up roof. The exterior has been finished with a mixture of metal and wood siding. The structure has a gross building area of 5,672 SF and a rentable area of approximately 5,487 SF. The interior is finished with painted sheetrock walls, carpeted floors with exception to the kitchen and restroom areas which are a mix of tile and vinyl. TOPOGRAPHY/ SOIL: The subject site is level and at grade with Rudakof Cir. Most of the site, with exception to the buildings footprint and a small fronting landscaped area, is paved. Soils are reportedly gravel based, there was no physical evidence of adverse settling problems, therefore it appears that soils have been adequately prepared for development. Drainage appears to be average and typical for the area. LAYOUT: The building, which is presently configured for single-tenant use, is accessible by four wood and glass man doors located on the south side of the structure. The building has a glass window frontage that extends along the south and east sides of the structure. The interior is partitioned into multiple rooms that include a receptionist area, multiple perimeter offices, conference room, kitchen, four, two-fixture, restrooms, several storage/ work areas, and a mechanical/ boiler room that is supported with a janitorial washbasin and a shower stall. There is an exterior metal man door located on the west side of the building. ELECTRICAL, MECHANICAL, & PLUMBING: The building is supported with a roof-mounted gas-fired HVAC system. There is also a wall-mounted air-conditioning unit in the telecommunications room. The building is zoned into five sections. The building is supported with an integrated electronic video security system. The building s exterior is supported with wall-mounted lights. The building is supported with a smoke alarm system. The structure is not supported with a fire suppression system. ADA compliance issues are not addressed as this goes beyond the scope and expertise of the report. However, it is reported that the building was made ADA compliant during its 2007 upgrades. It is an assumption if this report that electrical, mechanical, and plumbing systems are to code and adequate to support the building. REMODEL: The building was acquired in 2007 and was extensively remodeled, thereafter (from 2007 to 2011). Renovations and upgrades included installation of a security system (08 ), remodeling of all office, kitchen, and restroom areas ($226,000 total ). Remodeling costs included a new roof ($27,000 in 2007), a new HVAC system ($48,000), and a new wall-mounted airconditioning unit ($16,000) in the telecommunications room. Kitchen remodeling included new cabinetry and appliances totaling $13,700 (2011). Lighting was reportedly changed to an energy efficient system. All floors in the building have new covering (2011). Overall, the building is in average-plus condition. UTILITES: Public utilities available to the site include water, sewer, electricity, natural gas, telephone, and refuse.

3 FLOOR PLAN

4 PLAT MAP

5 SITE AERIAL

6 PHOTOS LARGE OFFICE KITCHEN CONFERENCE ROOM HALL/ CUBICLES SMALL OFFICE RECEPTION AREA

7 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 ) 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 ) 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 (Rev. 02/2015) Page 1 of 2

8 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/ understand that Andrew Ingram and Brian Endsley of Jack White Commercial We (licensee name) (brokerage name) will be working with me/us under the relationship(s) selected below. (Initial) Specific assistance without representation. x (initial) Representing the Seller/Lessor only. (may provide specific assistance to Buyer/Lessee) Representing the Buyer/Lessee only. (may provide specific assistance to Seller/Lessor) Neutral Licensee. (must attach Waiver of Right to be Represented, form ) Date: Signature: Andrew Ingram Date: Signature: Brian Endsley Date: Signature: (Consumer) Date: Signature: (Consumer) THIS CONSUMER DISCLOSURE IS NOT A CONTRACT (Rev. 02/2015) Page 2 of 2