Juneau NNN Properties For Sale

More details for 8745 Glacier Hwy, Juneau, AK - Retail for Sale

Nugget Mall - 8745 Glacier Hwy

Juneau, AK 99801

NNN Property
Retail for Sale
Price Upon Request
142,072 SF

Juneau Retail for Sale

CALL FOR OFFERS: JUNE 9TH Extremely Low Basis Play with Optionality: Offered at an extremely low price per square foot for building and land in a market where construction costs run roughly 40% above the national average, establishing a meaningful barrier to new competing supply. Sportsman’s Warehouse anchors 19.6% of GLA through 2036, providing a decade of contractual income stability on the property’s largest tenant at 27,852 sq. ft. Value-Add Opportunity with Strong Stabilized Return-on-Cost: Value-add upside through lease-up of 57,104 sq. ft. of vacancy, including the 22,176-sq.-ft. former JoAnn box, with market rents underwritten conservatively relative to in-place tenants. Rare Large Scale Commercial Land Site in the Mendenhall Valley: Nugget Mall sits on 12.05 acres on five separate parcels, offering investors the flexibility to sell off individual components and capitalize on the cap rate spread between whole-property and parcel-level pricing. Largest Commercial Land Site in the Valley: Juneau’s geography creates an significant barrier to new retail supply, insulating Nugget Mall as the dominant community shopping center in the Mendenhall Valley. Seller is investing $2 million in structural roof improvements, meaningfully reducing near-term capital risk for an incoming buyer.

Contact:

Northmarq

Property Subtype:

Freestanding

Date on Market:

2026-06-04

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NNN Property for Sale in Juneau, AK, USA

Juneau Retail for Sale

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NNN Properties For Sale

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