101 S Milton Rd Flagstaff, AZ 86001
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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. 5.48 % 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! All 3 parcels-100-37-003B, 100-37-004A, & 100-37-005
2 weeks ago | Listing updated with changes from the MLS | |
2 weeks ago | Price changed to $2,925,000 | |
3 months ago | Listing first seen online |
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.