This Retail Property is Off-Market.

1205 S. Milton
Flagstaff, AZ 86001 ·

7,592 SF · Retail For Sale

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Price Property

Price N/A Occupancy 100%
Building Size 7,592 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type
Service/Gas Station
More...
  • Retail (Other)
Year Built 1997
Property Use Type Investment Lot Size 32,812 SF
Commission Split 2.5% APN / Parcel ID 103-03-016
Cap Rate 5.69%
Listing ID: 14418737 Date Created: 11/28/2005 Last Updated: 05/19/2008

Description

High visibility gas station/convenience store on busiest road in Fagstaff. Property has frontage and access on Milton Road as well as S. Plaza Way. Almost three years left on a 30 year lease with Giant Industries. Current lease is well below market rate. Tremendous upside potential. Tenant reserves First Right of Refusal per the lease.

Subject property located on the busiest road in Flagstaff across the side street from SafeWay, Ross, Bed Bath and Beyond, and Kinkos. Property is throwing distance to Northern Arizona university and walking distance to Historic District of Flagstaff.

Highlights

  • High Visibility
  • Access off two main streets
  • Next to Safeway, Bed Bath & Beyond, Ross, and Kinkos
  • Across the street from Northern Arizona University
  • Three years left on a 30 Year lease with Giant Industries
  • High Traffic Counts

Research

1205 S. Milton, Flagstaff, AZ 86001 (Coconino County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Flagstaff Market Trends - Asking price index trends, sale price trends, asking rent trends

Mark T. Belsanti, CCIM's Other Listings

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