Skip To Content

963 W Route 66

Flagstaff, AZ 86001
  • $3,840,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 6271999
UPDATED: 47 min ago
$3,840,000
  • 0
    BEDS
  • 1.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,185
    SQFT
  • $211
    $/SQFT
Type:
Commercial
Built:
2000
County:
Area:

School Ratings & Info

Description

Commercial property with two standalone buildings on 1.63 acres of HC (Highway Commercial) zoned land. Subject property is located on Route 66 near the Milton Road corridor of Flagstaff, AZ. Building #1 is approximately 11,500 SF and is occupied by a single tenant, Goodwill Industries who has a lease expiration of 4/30/2023 but the tenant would consider vacating by 3/30/2022 . Building #2 is approximately 6,685 SF with a Veterinary Clinic occupying 2,593 SF with a lease expiration of 3/8/2022 and 4,092 SF of existing available space. There are 60 parking spaces. 7.26% Cap Rate based on proforma. You cannot buy a well-located property in Flagstaff and build for anywhere near $211 per SF due to cost of land and inflationary costs of development.

Monthly Payment Calculator



© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2021-10-17T17:17:43.56.
www.yournextphoenixhome.com/homes/119887116
Print Image

963 W Route 66 Flagstaff, AZ 86001

  • Price: $3,840,000
  • Status: Active
  • Updated: 47 min ago
  • MLS #: 6271999
0
Beds
0
Baths
0
½ Baths
1.63
Acres
18,185
SQFT
$211
$/SQFT
2000
Built
County:
Coconino
Area:
Flagstaff
Property Description
Commercial property with two standalone buildings on 1.63 acres of HC (Highway Commercial) zoned land. Subject property is located on Route 66 near the Milton Road corridor of Flagstaff, AZ. Building #1 is approximately 11,500 SF and is occupied by a single tenant, Goodwill Industries who has a lease expiration of 4/30/2023 but the tenant would consider vacating by 3/30/2022 . Building #2 is approximately 6,685 SF with a Veterinary Clinic occupying 2,593 SF with a lease expiration of 3/8/2022 and 4,092 SF of existing available space. There are 60 parking spaces. 7.26% Cap Rate based on proforma. You cannot buy a well-located property in Flagstaff and build for anywhere near $211 per SF due to cost of land and inflationary costs of development.
Exterior Features

Construction Block Covered Parking Spaces 0.00 Fencing None Parking FreePaved Parking Roofing Rolled Stories 1 Story Total Parking Spaces 60.00 Uncovered Parking Spaces 60.00

Interior Features

Ceiling Height 10.1 Feet To 12 Feet14.1 Feet To 16 Feet Cooling Central A/C Flooring CarpetCeramic TileConcrete Heating Natural Gas Interior Features Finished

Property Features

Adjusted Gross Inc 351036.56 Building Type CommercialDistribution/WarehseOffice Current Use OtherRetail Electric City Electric Gas City Gas Gross Annual Sch Inc 351036.56 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 1 Net Operating Income 278817.50 Operating Exp 45802.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Taxes 45802.00 Vacancy Allowance 0.00 Water City Franchise Zoning Highway Commerc

Listing courtesy of Da Vinci Realty, Llc.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2021-10-17T17:17:43.56.
 
https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6271999-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6271999-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6271999-2.jpg
Logo
Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206