$2,500,000
Flagstaff, AZ 86004
MLS# 195169
8200 sqft
1 / 3
Property Description
8200 sq.ft building with loading rear dock with rollup door warehouse / showroom and offices 28 parking spaces .80 acre in the heart of Flagstaff on heavily traveled Route 66 City Water, City Sewer, APS electric, UNS Natural Gas Two year extended Lease Agreement from February 1, 2024 to January 31,2026 PPG (12+ year lease) Triple Net Lease NNN Monthly Rent at $10,933.33 Yearly NET INCOME $131,199.96 Tenant pay all expenses including property taxes, insurance, repair & maintenance, backflow testing, landscape and expenses paid through CAMS.......
Details
Maps
Contract Info
List Price: $2,500,000
Current Price: $2,500,000
List Price/SqFt: 304.87
Property Sub-Type: Commercial Mix Use
Co-Broker Type: %
Buyer Agency: 2
Buyer Agency Type: %
Co-Variable: No
Public Marketing Date: 2023-10-30
Location, Tax & Legal
County: Coconino
Region: 40 - North East City
Area: 460 - E Rt 66 Industrial
APN: 10709010a
Street #: 1864
Direction: E
Street Name: Route 66
Post Direction: E
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Cross Street: Route 66 & Enterprise
Legal Description: Nickerson Lot 17 & 18, pt Lot 19 together with pt of Abandoned Nickerson Road accruing to sad lots AKA Parcel 2 record
Zoned: HC Hwy Cml
Taxes: 16079.1
Tax Year: 2022
Geo Lat: 35.197159
Geo Lon: -111.623047
Key Words
Sale/Rent: 10,933.33
Net Op Inc: CLO
Cap Rate: CLO
Down Payment: Submit
Imprv Sz (Gross SF): 20,000 - 49,999
#Tenants/Units: 1 - 4
Land Size: .5 - .9 AC
Trade/Exchange: Not Applicable
General Property Description
Dimensions: clo
Acres: 0.8
Year Built: 1990
Approx SqFt: 8200
NLSF: F
# Docks: 1
Height: 96
# OH Doors: 1
Door Height: 8
Remarks & Misc
Directions: Route 66 just east of downtown Flagstaff;
Route 66 east about 1/4 mile east of Enterprise
Status Change Info
Status: Active
Inc/Exp (Annual)
Grs Op Inc $: 131199.96
= Net Op Inc $: 131199.96
Leases
Other: Lease to 1/31/2026
Location
Other: near to downtown
Property Features
Inc/Exp (Annual): Seller Prop Disc St
To Show: CLO/KILO; Drive By/Don't Enter
Terms of Sale: Cash; OMC w/Balloon
Exis Fee/Docs: Free & Clear
Leases: 1 Yr. +; Net
Util Pd by Tenant: Cable TV; CAM's; Electricity; Janitorial; Mo. Assmts; Nat. Gas; RE Insurance; RE Tax; Snow Removal; Trash Collect; Water/Sewer
Docs on File: Leases
Flood Zone: D-Undetermined
Interior Amenities: Display Window; Shop; Showroom
Exterior Amenities: Handic. Access; Loading Docks
Occupancy: Totally Leased
Management: Owner
Construction: One Story; Concrete
Heating: Natural Gas
Cooling: Central Air
Utilities: City Water; Electric; 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: First Commercial R E of N A
Last Updated: February - 08 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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