1490 W State Rte 89a Sedona, AZ 86336
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SEE OFFERING MEMORANDUM FOR DETAILS. Sale leaseback from COE. Low maintenance income producing property in heart of Sedona. 10 year NNN w/annual base rent increases. 6.0% CAP rate. Experienced operator w/7 Jay Bird's locations. Occupied by Jay Bird's Nashville Hot Chicken (only fried chicken concept in Sedona). 3 other owned and operated restaurants in Sedona alone (see OM for details) 30 total restaurants and counting throughout West/Southwest. High barrier to entry market. Frontage property w/monument sign. One of the few drive-thru establishments in town. Pride of ownership. Perfect candidate for 1031 exchange. *Real estate only - business NOT for sale.
|3 weeks ago||Listing updated with changes from the MLS|
|2 months ago||Listing first seen online|