The University of Alaska (University) intends to lease a 2.11-acre parcel located on the west side of the intersection of Bragaw Street and Reka Drive at 1750 Bragaw Street, in Anchorage, Alaska.

Leases will be negotiated at or above fair market value and the University reserves the right to negotiate lease terms and rates to include annual adjustments based on the consumer price index or other negotiated factors

The parcel is zoned RO, Residential-Office, and is unimproved and vacant. Approximately 306.58 feet fronts Bragaw Street, which is a fully improved, four-lane, divided, major arterial road, with a center turn lane. There is also direct access from Reka Drive according to the plat notes. Adequate access is also provided by Primrose Place along the west border. The topography is generally flat and located outside designated flood plains, wetlands, and areas of "high ground failure susceptibility.” Public utilities available include water, sewer, electricity, natural gas, and telephone.

Interested parties should thoroughly inspect this parcel before submitting an offer to ensure that it is suitable for the party’s intended use and to determine all permitting requirements related to that intended use. Additional information regarding this parcel may be available from local, state,and federal offices, including but not limited to: the city or borough assessor’s office, building permitting office and land planning office; local utility companies; district recorder’s office; the State of Alaska Department of Natural Resources, Department of Environmental Conservation, Department of Fish and Game and Department of Transportation and Public Facilities; and the U.S. Department of the Interior Bureau of Land Management, Geological Survey and Environmental Protection Agency, and the U.S. Army Corps of Engineers