101 S Milton Rd

101/103/105 S Milton Rd Flagstaff, AZ 86001

101/103/105 S Milton Rd, Flagstaff, AZ, 86001
101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001 101/103/105 S Milton Rd, Flagstaff, AZ, 86001
FOR SALE
Property Type:
Street Retail
Amount:
$2,564,640
Last Verified:
Jun 07, 2024

Daily Email Blast
0 times


Highlights

  • Stand Alone Building
  • Milton Corridor Location
  • Over 140' Milton Rd Frontage
  • 7.5% Cap Rate (Projected)
  • Room for Additional Improvements
  • "Buy Out" Option for Leases Available

Description

PRICED TO SELL!!! 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 rates. 7.50 % 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 will allow for the rents to be at market price. Location, Location, Location!

Property is located on the desirable Milton Road Corridor across from Northern Arizona University in Flagstaff, AZ. Walking distance to Northern Arizona University, multiple retailers, restaurants, bus and train stations, Downtown Flagstaff, and more!


Year Built: 1964
Building Size: 5343sq ft
Lot Size: 0.37 acres


Documents

OM - 101 S Milton Rd

Map of 101/103/105 S Milton Rd, Flagstaff, AZ, 86001

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.