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2306 E Lucky Ln
Flagstaff, AZ 86004
Retail Property For Sale

Investment Highlights

  • Flexible deal structures! Available for Sale, Lease, GL or BTS
  • Great signage with I-40 visibility (over 41,000 vpd)
  • Well-positioned; adjacent to Motel 6, Holiday Inn Express, Days Hotel by Wyndham, Comfort Inn and Ramada by Wyndham
  • 4,359 SF building operated by Denny's
  • Ample parking with multiple ingress/egress points
  • Ideal for a sit-down restaurant! Call for Rates!

Executive Summary

Unlock a rare opportunity to own a highly visible 1.04-acre pad along Interstate 40 in Flagstaff, Arizona. This site offers exceptional exposure with monument signage and direct frontage on Lucky Lane, benefiting from traffic counts exceeding 41,000 vehicles per day on I-40 and 25,218 VPD on Butler Avenue. Positioned in a thriving hospitality corridor, the property is surrounded by 15 hotels totaling 1,570 rooms within a two-mile radius, creating a strong customer base for retail, dining, or service-oriented concepts.
The ±4,359 SF building currently operated by Denny’s provides immediate functionality, while flexible deal structures allow for ground lease, build-to-suit, or redevelopment options. With excellent ingress and egress and ample parking, this site is ideal for a sit-down restaurant or other high-traffic use. Its proximity to Northern Arizona University, Route 66, and major arterial roads ensures consistent visibility and accessibility for both local and tourist traffic.
Flagstaff’s robust demographics further enhance the investment appeal: projected population growth, average household incomes exceeding $94,000 within a three-mile radius, and a strong daytime population of nearly 50,000. This strategic location combines high traffic, strong consumer demand, and flexible development potential, making it a standout asset in one of Arizona’s most dynamic markets.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,359 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.04 AC
Zoning
Not County Jurisdiction - Not County Jurisdiction
Parking
50 Spaces (11.47 Spaces per 1,000 SF Leased)
Frontage
395’ on Lucky Lane

Amenities

  • Freeway Visibility
  • Pylon Sign

Property Taxes

Property Taxes

Parcel Number
106-03-005N
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$261,314
  • Listing ID: 34817402

  • Date on Market: 2/13/2025

  • Last Updated:

  • Address: 2306 E Lucky Ln, Flagstaff, AZ 86004

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