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7000 State Route 179
Sedona, AZ 86351
The Collective Sedona | 84% Occupied · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
13,647 SF
Building Class
B
Year Built/Renovated
2000/2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
2.44 AC
Zoning
PAD
Parking
293 Spaces (5.58 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Restaurant
  • Monument Signage

ABOUT 7000 STATE ROUTE 179 , SEDONA, AZ 86351

The Collective Sedona is positioned along State Highway 179, a major thoroughfare traveling throughout Sedona. The site boasts exceptional street frontage along the highway and features prominent tunnel-signage at its entrance, providing excellent visibility and grabbing the attention of vehicles passing by. The asset is positioned adjacent to Hilton Sedona Resort & Spa, a luxury resort featuring 221 deluxe guest rooms. The luxury resort chain leases approximately 5,500 SF of space within The Collective and pays additional rent for its monument signage. Directly south of The Collective is the Sedona Golf Resort, one of the best golf resorts in all of Arizona featuring a 4.3/5 star rating on Golfadvisor.com. Additionally, the subject property is directly across from the new Hilton Garden Inn development, which will feature a 145-room hotel and a 20-unit extended-stay boutique hotel, and is projected to attract approximately 90,000 annual visitors. Surrounding tourist hot-spots increase consumer draw to the immediate trade area and promote crossover exposure to the site. Sedona is an extremely well-known tourism destination located approximately 2 hours north of Phoenix, and sees more than 3 million visitors annually. The Sedona Tourism Bureau most recently reported tourism spending as $600M in 2018. USA Weekend ranked Sedona as the Most Beautiful Place in America, being surrounded by more than 1.8 million acres of national forest land and home to breath-taking views of the famous red rocks. The Collective Sedona sits within the Village of Oak Creek, suburb in the far southern region of the Sedona MSA, making it the first available and most accessible consumer stop for visitors traveling from the Phoenix area (Phoenix Sky Harbor International Airport - 44.9M passengers in 2018).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
405-28-270P
Land Assessment
$2,336,933
Improvements Assessment
$7,542,158
Total Assessment
$9,879,091
  • Listing ID: 17525027

  • Date on Market: 10/22/2019

  • Last Updated:

  • Address: 7000 State Route 179, Sedona, AZ 86351

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