101 S Milton Rd Flagstaff, AZ 86001
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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 at below market rents. 7.5 % Cap Rate based upon projected market rents of $36.00 per square foot NNN. Landlord has the right to ''Buy Out'' upon sale of the property per the leases which would allow for buyer to bring rents to market rates. Location, Location, Location!
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Price changed to $2,564,640 | |
| 8 months ago | Price changed to $2,925,000 | |
| 11 months ago | Listing first seen online |
MLS listing information provided by Sedona Verde Valley Association of Realtors. Data deemed reliable but should be verified. Data last updated at: 2024-05-09 10:30 AM UTC
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