Investment Overview

Marcus & Millichap is pleased to present for sale the State of Alaska Department of Transportation’s Headquarters Building, in Fairbanks, Alaska. This 29,794 square foot facility was built to suit the needs of the state’s Department of Transportation in 2002 and is now available for purchase for the very first time. The facility is well located in the Fairbanks market, just east of the Fairbanks International Airport. The State of Alaska has recently renewed their commitment to the site by executing a new 10-year lease, which is set to begin in December of 2022. As a mission critical agency, The Alaska Department of Transportation and Public Facilities designs, constructs, operates and maintains the state’s transportation infrastructure systems, buildings, and other facilities used by Alaskans and visitors. The department is administratively divided into three regions: The Northern Region, headquartered in Fairbanks, is the largest, most geographically diverse, and maintains the most centerline miles of highway.