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101 S Milton Road,  Flagstaff AZ, 86001

(Active)
$2,564,640
|
5,343 sqft
|
MLS# 6572079
Last Updated: 5/29/2024 2:00 AM
Description for 101 S Milton Road Flagstaff, AZ 86001
Stand alone retail building on desirable Milton Corridor in Flagstaff directly across from Northern Arizona University and The Jack, a 591 bed student housing apartment complex. This property has over 140 feet of frontage on Milton Rd. An additional 7,000 square feet of improvements could be developed on the property (buyer to verify with the City of Flagstaff). Building is 100% occupied by long-time tenants. 4.86 % Cap Rate based upon projected market rents of $2.50 per square foot NNN. Landlord has the right to ''Buy Out'' upon sale of the property per the leases. Location, Location, Location!3 parcels-100-37-003B, 100-37-004A, & 100-37-005
Price
$2,564,640
FLAGSTAFF TOWNSITE
Coconino
5,343 (approx)
6572079
Active
Description
Stand alone retail building on desirable Milton Corridor in Flagstaff directly across from Northern Arizona University and The Jack, a 591 bed student housing apartment complex. This property has over 140 feet of frontage on Milton Rd. An additional 7,000 square feet of improvements could be developed on the property (buyer to verify with the City of Flagstaff). Building is 100% occupied by long-time tenants. 4.86 % Cap Rate based upon projected market rents of $2.50 per square foot NNN. Landlord has the right to ''Buy Out'' upon sale of the property per the leases. Location, Location, Location!3 parcels-100-37-003B, 100-37-004A, & 100-37-005
Listing Information
Property Type: Business Opportunities, Other
0.37 Acres 5,343 (approx) 1964
Block
21N//
FLAGSTAFF TOWNSITE
Public Sewer
Neighborhood
Room Information
Interior Features
Vinyl, Carpet
Central Air
Gas Heat
Exterior / Lot Features
10 Parking Spaces,
Block
Rolled, Hot Mop
HC
Driving Directions
Property is located on the desirable Milton Road Corridor across from Northern Arizona University in Flagstaff, AZ. Walking distance to multiple retailers, restaurants, bus and train stations.
Financial Considerations
100-37-004-A
$4,072
Listing Price History

Flagstaff Real Estate

Flagstaff is located in Arizona. Flagstaff, Arizona 86001 has a population of 73,942.

The median household income in Flagstaff, Arizona 86001 is $62,115. The median household income for the surrounding county is $64,183 compared to the national median of $66,222. The median age of people living in Flagstaff 86001 is 34 years.

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Courtesy: Da Vinci Realty, LLC

Information deemed reliable but not guaranteed. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
This content last refreshed on 5/29/2024 2:00 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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