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Former Montessori School of Flagstaff 575 W University Ave 4,500 SF Retail Building Flagstaff, AZ 86001 $1,408,500 ($313/SF)



Investment Highlights
- Potential redevelopment opportunity
- Less than 1 mile from Downtown Flagstaff, offering a vibrant mix of restaurants, breweries, retail, entertainment, and year-round community events
- Strong average household incomes over $110,000 in a 5 mile radius
- Prime location adjacent to Northern Arizona University, serving more than 28,000 students and thousands of faculty and staf
- Convenient access to Interstate 40 (±50,431 VPD) and Interstate 17 (±43,249 VPD)
Executive Summary
Cushman & Wakefield is pleased to present the opportunity to acquire a freestanding retail property located at 575 W University Avenue in Flagstaff, Arizona. Situated on a highly visible ±0.76-acre parcel adjacent to Northern Arizona University, this ±4,500 SF building offers investors, developers, and owner-users a rare opportunity to acquire well-positioned real estate in one of Flagstaff’s most sought-after commercial corridors. The property also presents a compelling redevelopment opportunity given its strategic location and surrounding growth drivers.
Located directly adjacent to Northern Arizona University, which serves more than 28,000 students as well as thousands of faculty and staff, the property benefits from a substantial built-in consumer base and strong year-round activity. The site is less than one mile from Downtown Flagstaff and is surrounded by a dense concentration of national retailers and restaurants including Target, Sprouts Farmers Market, Raising Cane’s, Burlington, Michaels, Chase Bank, Wendy’s, and Burger King.
The property enjoys exceptional accessibility with nearby access to both Interstate 40 (±50,431 VPD) and Interstate 17 (±43,249 VPD), while Milton Road immediately adjacent to the site carries traffic counts exceeding 30,000 vehicles per day. The surrounding trade area features strong demographics, including average household incomes exceeding $110,000 within a five-mile radius, and is supported by a large concentration of apartment communities, student housing developments, and residential neighborhoods.
This offering represents an opportunity to acquire a strategically located retail asset in the heart of Flagstaff’s primary retail and university district, supported by exceptional visibility, strong traffic patterns, and long-term redevelopment potential in a supply-constrained market.
Located directly adjacent to Northern Arizona University, which serves more than 28,000 students as well as thousands of faculty and staff, the property benefits from a substantial built-in consumer base and strong year-round activity. The site is less than one mile from Downtown Flagstaff and is surrounded by a dense concentration of national retailers and restaurants including Target, Sprouts Farmers Market, Raising Cane’s, Burlington, Michaels, Chase Bank, Wendy’s, and Burger King.
The property enjoys exceptional accessibility with nearby access to both Interstate 40 (±50,431 VPD) and Interstate 17 (±43,249 VPD), while Milton Road immediately adjacent to the site carries traffic counts exceeding 30,000 vehicles per day. The surrounding trade area features strong demographics, including average household incomes exceeding $110,000 within a five-mile radius, and is supported by a large concentration of apartment communities, student housing developments, and residential neighborhoods.
This offering represents an opportunity to acquire a strategically located retail asset in the heart of Flagstaff’s primary retail and university district, supported by exceptional visibility, strong traffic patterns, and long-term redevelopment potential in a supply-constrained market.
Property Facts
Sale Type
Owner User
Property Type
Building Size
4,500 SF
Year Built
1986
Price
$1,408,500
Price Per SF
$313
Building Height
1 Story
Building FAR
0.14
Lot Size
0.76 AC
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 7
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