Calculate cap rates and net operating income for commercial properties in Alaska. Compare your results against Alaska's tertiary market benchmarks sourced from CBRE H2 2025.
Alaska's remote location, small population base, and oil-dependent economy create unique CRE dynamics. Cap rates are elevated to compensate for lower liquidity, higher operating costs, and limited exit options. Anchorage is the primary investment market.
| Property Type | Typical Low % | Typical High % |
|---|---|---|
| Multifamily | 6.5% | 9.0% |
| Industrial | 7.0% | 9.5% |
| Retail | 7.0% | 9.5% |
| Office | 7.5% | 10.0% |
Benchmarks sourced from CBRE H2 2025 Cap Rate Survey, JP Morgan, Matthews, and Cushman & Wakefield market data. Ranges represent typical stabilized assets — actual rates vary by asset quality, location, and market conditions.
Alaska cap rates are among the highest in the US, typically ranging from 6.5–9.0% for multifamily to 7.0–10.0% for office, reflecting the state's remote location, small transaction market, and higher operating costs.
Alaska CRE demand is driven primarily by the energy sector (oil and gas), government employment, tourism, and military presence. Anchorage accounts for the majority of commercial transactions. Oil price fluctuations can significantly impact property values and cap rates.
No — Alaska is considered a highly illiquid CRE market. Limited transaction volume means longer hold periods, fewer comparable sales, and greater pricing uncertainty. The higher cap rates compensate for this illiquidity premium that investors require.
This tool is for informational and educational reference only and does not constitute real estate investment advice. Cap rate benchmarks are estimates based on published industry surveys and may not reflect current conditions in your specific market, submarket, or asset class. Actual cap rates vary significantly based on property condition, location, tenant quality, lease terms, and local market dynamics. Always consult a licensed commercial real estate broker, appraiser, or investment advisor before making real estate investment decisions.