$4,800
Flagstaff, AZ 86001
MLS# 194864
Status: Closed
3000 sqft
1 / 19
Property Description
This commercial property in Flagstaff, AZ, offers a modified gross lease with a monthly rent of $19.20 per square foot (SF) for a total of 3,000 rentable square feet. While it is currently configured for medical use, its layout with multiple offices and two bathrooms also makes it suitable for general office space. Tenants will be responsible for covering gas, electric, liability insurance, and IT costs, making it a convenient arrangement that offers predictability in operating expenses. Situated in the Railroad Spring complex, the property enjoys a prime location along the bustling Historic Route 66 on Flagstaff's west side. Furthermore, the presence of numerous new developments in the vicinity suggests growth and potential.
Details
Maps
Contract Info
Status: Closed
Listing Agreement Date: 2023-09-29
Sold Price: $4,800
Current Price: $4,800
List Price/SqFt: 1.6
Property Sub-Type: Office
Location Tax Legal
County: Coconino
Area: 180 - Railroad Springs
Street #: 1750
Direction: S
Street Name: Railroad Springs
Suffix: Boulevard
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.188548
Geo Lon: -111.680171
Key Words
Sale/Rent Description: Rent
Net Op Inc: CLO
Cap Rate: CLO
Down Payment: $0 - 4,999
Imprv Sz (Gross SF): 2,000 - 4,999
#Tenants/Units: 5 - 9
Land Size: 1 - 4.9 AC
Trade/Exchange: Not Applicable
General Property Description
Acres: 1.65
Year Built: 2003
Approx SqFt: 3000
Status Change Info
Sold Date: 2023-12-28
Sold Price: $4,800
Sold Price/SqFt: 1.6
Financing: Cash
Terms of Sale
Other: Lease only
Util Pd by Tenant
Other: Liability Insurance
Property Features
Leases: 12+ Months
Util Pd by Tenant: Cable TV; Electricity; Janitorial; Nat. Gas
General Land Info: Land Fee
Docs on File: Legal Descrip.
Flood Zone: None
Occupancy: Vacant
Management: Owner
Construction: One Story
Heating: Central; Natural Gas
Cooling: Central Air
Utilities: (2 Phase); City Water; Electricity Available; Natural Gas; Sewer
Lot Street Imprvmnts: Paved Parking
Freeway Turn Time: 1-4 Min
Possession: By Agreement
Listing Office: Linton Real Estate
Last Updated: September - 06 - 2024
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