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5700 E Old Walnut Canyon Road

Flagstaff, AZ 86004
  • $4,800,000
  • STATUS: Active
  • ON SITE: 128 Days
  • MLS #: 195701
UPDATED: 58 min ago
$4,800,000
  • 0
    BEDS
  • 1.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,600
    SQFT
  • $500
    $/SQFT
Type:
Commercial
Built:
1977
County:

School Ratings & Info

Description

Introducing a prime commercial property offering: a strategically positioned 9,600 square foot warehouse on a sprawling 1.77-acre lot. This property presents a unique investment opportunity with a diversified income stream from two reputable tenants and an array of valuable assets. The building is currently home to Wyndham Vacation Resorts, occupying 50% of the space with a secure 30-year triple net lease, providing a stable and consistent revenue stream. Additionally, Katlon Inc. occupies the remaining 50% with a three year modified gross lease, offering flexibility and potential for increased returns in the future. What makes this investment truly exceptional is the inclusion of 143 RV & Boat Storage outdoor spaces on 1.66 acres, fully leased with a waitlist in place

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© 2024 Northern Arizona Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated: 2024-05-30T11:15:24.913.
www.searchflagstaffhomes.com/homes/146831796
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5700 E Old Walnut Canyon Road Flagstaff, AZ 86004

  • Price: $4,800,000
  • Status: Active
  • On Site: 128 Days
  • Updated: 58 min ago
  • MLS #: 195701
0
Beds
0
Baths
0
½ Baths
1.77
Acres
9,600
SQFT
$500
$/SQFT
1977
Built
Neighborhood:
335 - Continental Cntry Clb
County:
Coconino
Area:
335 - Continental Cntry Clb
Property Description
Introducing a prime commercial property offering: a strategically positioned 9,600 square foot warehouse on a sprawling 1.77-acre lot. This property presents a unique investment opportunity with a diversified income stream from two reputable tenants and an array of valuable assets. The building is currently home to Wyndham Vacation Resorts, occupying 50% of the space with a secure 30-year triple net lease, providing a stable and consistent revenue stream. Additionally, Katlon Inc. occupies the remaining 50% with a three year modified gross lease, offering flexibility and potential for increased returns in the future. What makes this investment truly exceptional is the inclusion of 143 RV & Boat Storage outdoor spaces on 1.66 acres, fully leased with a waitlist in place
Exterior Features

Location Freestanding Lot Street Imprvmnts St-Concrete Roof Metal

Interior Features

Heating Cooling Natural Gas

Property Features

Construction Metal/SteelTwo Story Down Payment Submit Net Op Inc CLO Property Sub Type Commercial Mix Use Sale Rent sale Tax Year 2023 Taxes 5470.82 Utilities City WaterElectricNatural GasSewer

Listing provided by Mark Belsanti of da Vinci Realty: (928) 779-3800.
Listing information © 2024 Northern Arizona Association of Realtors, Inc.


© 2024 Northern Arizona Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated: 2024-05-30T11:15:24.913.
 
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16165 N 83rd Ave Suite #200
Peoria AZ, 85382