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321 N State Route 89A 8,212 SF 100% Leased Retail Building Sedona, AZ 86336 $7,950,000 ($968.10/SF) 5.38% Cap Rate
Investment Highlights
- Dramatic Red Rock Views/Trophy Investment Property
Executive Summary
Introducing a prime retail investment opportunity in the heart of Sedona,
Arizona. This 8,212 SF free-standing building, constructed in 1958,
consists of four units and boasts 100% occupancy with four seasoned
and quality tenants. Strategically positioned on a high-visibility site in
the Uptown Sedona area, this property benefits from its HC (Highway
Commercial) zoning, ideal for attracting a diverse range of retail
businesses. With ample parking, this property presents a compelling
opportunity for investors seeking a foothold in Sedona's thriving retail
market. Seller financing may be available.
Arizona. This 8,212 SF free-standing building, constructed in 1958,
consists of four units and boasts 100% occupancy with four seasoned
and quality tenants. Strategically positioned on a high-visibility site in
the Uptown Sedona area, this property benefits from its HC (Highway
Commercial) zoning, ideal for attracting a diverse range of retail
businesses. With ample parking, this property presents a compelling
opportunity for investors seeking a foothold in Sedona's thriving retail
market. Seller financing may be available.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,212 SF
Year Built/Renovated
1958/2025
Price
$7,950,000
Price Per SF
$968.10
Cap Rate
5.38%
NOI
$427,710
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.37 AC
Zoning
HC - Highway Commercial
Parking
25 Spaces (3.04 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Wheelchair Accessible
Nearby Major Retailers
Property Taxes
| Parcel Number | 401-13-056A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $203,526 |
Property Taxes
Parcel Number
401-13-056A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$203,526
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321 N State Route 89A
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