Now Leasing

3801 Lake Otis Pkwy. Medical Office Building

1,622 rentable sq. ft. first floor space available
(Built out for pharmacy but can be modified for other use.)

1,440 rentable sq. ft. second floor space available

Contact Amy B. Slinker at (907) 646-4644 or aslinker@vdg-alaska.com.

This state-of-the-art, Class A medical office building was designed and constructed to accommodate specialized, high tech tenant improvements. The facility includes MRI, x-ray, and other medical imaging equipment, as well as a physical therapy pool. A full service cafe and a pharmacy are conveniently located on the first floor.

Venture Development Group was able to acquire the site for this project in the heart of the U-Med district, where little vacant land is available for new construction. Venture maximized the site by sizing the building to best utilize the parcel for this medical office building and another adjoining medical facility, Renal Care Group (now Fresenius).

Venture was able to secure an excellent 25-year fixed rate AIEDA
loan to finance this project. The principals of Orthopedic
Physicians Anchorage have ownership interest in the project, building wealth with the real estate investments’ increasing equity due to principal reduction and appreciation. They also benefit from cash flow distributions and tax advantages created through preapproved accelerated depreciation schedules.

1st Floor Space

1st Floor Space

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