Location Description
The subject property is strategically located near the signalized, hard-corner intersection of Old Glenn Hwy. and N. Eagle River Loop Rd., which averages a combined 31,300 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large pylon sign along Old Glenn Highway. In addition, the asset is centrally located in the heart of Eagle River’s...
The subject property is strategically located near the signalized, hard-corner intersection of Old Glenn Hwy. and N. Eagle River Loop Rd., which averages a combined 31,300 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large pylon sign along Old Glenn Highway. In addition, the asset is centrally located in the heart of Eagle River’s retail corridor, with numerous established tenants nearby including Walgreens, Carrs (Safeway), Walmart Supercenter, Starbucks, Midas, Fred Meyer, and more. Strong tenant synergy significantly increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by over 26,000 residents and 6,000 employees, providing a direct consumer base from which to draw. Residents within 5 miles of the subject property boast an affluent average household income of $134,000. Eagle River is an affluent, family-friendly suburb of Anchorage, the largest city in Alaska. It is one of the remote neighborhoods of Anchorage, situated about 13 miles north east of the city center, in central Alaska.
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