$1,300,000
1352 W Forest Meadows Street
Flagstaff, AZ 86001
MLS# 176834
5000 sqft


1352 W Forest Meadows Street, Flagstaff, AZ 86001
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1352 W Forest Meadows Street, Flagstaff, AZ 86001 1352 W Forest Meadows Street, Flagstaff, AZ 86001 1352 W Forest Meadows Street, Flagstaff, AZ 86001

Property Description
Investment opportunity in the heart of the west Flagstaff professional district. Long-running NNN tenant, this 7.4% CAP property has it all: healthy NOI, location, stability, and just over 20 years old. Great numbers as an investment, or could ideally serve an owner-user. Situated on a half-acre and zoned LI-Open, this property has absolute ease of ownership.

Details
Maps
Contract Info
List Price: $1,300,000
Current Price: $1,300,000
List Price/SqFt: 260
Property Sub-Type: Warehouse
Location, Tax & Legal
County: Coconino
Region: 10 - North West City
Area: 172 - Woodlands Area
APN: 11227014D
Street #: 1352
Direction: W
Street Name: Forest Meadows
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Cross Street: University
Legal Description: To be provided
Zoned: LI-O
Taxes: 7200
Tax Year: 2018
Geo Lat: 35.185146
Geo Lon: -111.671159
Key Words
Sale/Rent: Sale
Net Op Inc: $80,000 - 99,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 5,000 - 11,999
#Tenants/Units: 1 - 4
Land Size: .5 - .9 AC
Trade/Exchange: Submit
General Property Description
Dimensions: 95 x 218
Acres: 0.5
Year Built: 1998
Approx SqFt: 5000
# OH Doors: 1
Door Height: 16
Remarks & Misc
Directions: Located just west of Woodlands Village Blvd, off of University Ave and Forest Meadows in a professional district.
Status Change Info
Status: Active
Inc/Exp (Annual)
Grs Op Inc $: 96000
Property Features
Inc/Exp (Annual): Seller Prop Disc St
To Show: CLO/KILO; Drive By/Don't Enter; No Sign on Prop.
Terms of Sale: Cash; CTM/Assump; OMC; OMC w/Balloon; Submit
Leases: 1 Yr. +; CPI; Net
Util Pd by Tenant: Cable TV; CAM's; Electricity; Janitorial; Nat. Gas; RE Insurance; RE Tax; Snow Removal; Trash Collect; Water/Sewer
Docs on File: CC & R's; Leases; Legal Descrip.; Security Deposits
Interior Amenities: Display Window; Duo-Pane Win.; Fire Alarm Sys.; Floor Drains; Security System; Shop; Showroom; Sprinklers
Exterior Amenities: Handic. Access; Landscaped; Truck Door; Wooded
Occupancy: Totally Leased
Management: Owner
Construction: One Story; Masonry; Metal/Steel; Wired to Code
Roof: Metal; Pitched
Heating/Cooling: Central A/C; Central Htg; Gas; Space
Utilities: (2 Phase); (3 Phase); City Water; Electric; Master Meter; Natural Gas; Sewer; Telephone; TV Cable
Lot Street Imprvmnts: Curbs; Paved Parking; Sidewalks; St-Blacktop
Location: Freestanding
Freeway Turn Time: 5-9 Min
Possession: COE +

Listing Office: da Vinci Realty

Last Updated: April - 09 - 2019

1352 W Forest Meadows Street, Flagstaff, AZ 86001 - MLS# 176834

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