About This Restaurant
Investment Highlights
2,660 Sf Under Roof, Plus Spacious Patio and?Exterior Bar Historical Building With Many Infrastructural and Aesthetic Updates Seller-carry Option With +50% Down 1 Tenant, NNN Lease, 5+ Years on Original Term Prime Location in the Southside District of Flagstaff Abutting Both Residential and Commercial Uses Owner-user potential; submit
Executive Summary
Introducing an exceptional investment opportunity in the heart of Flagstaff's southside district! Discover ?Southside? at 117 S San Francisco St, Flagstaff, AZ 86001. This fully leased, renovated 2,660 SF retail property presents a lucrative option for retail and restaurant investors seeking a well-maintained historic building with modern amenities. Boasting a full kitchen, custom bar, dining area, game room, bathrooms, and a spacious outdoor patio, this property is turnkey and promises solid returns with a current 6.32% cap rate. Situated in a highly desirable area, this property enjoys a bustling business corridor between Downtown Flagstaff and Northern Arizona University, making it a prime location known for its stable NNN tenancy. With a rich historical charm and meticulous updates over the years, ?Southside? offers a unique blend of the past and present for investors looking to be part of Northern Arizona's thriving retail landscape. Don't miss this chance to own a piece of Flagstaff's history and future success!
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar Restaurant
- Building Size 2,660
- Building Class C
- Year Built/Renovated 1935/2020
- Price 950,000
- Price Per SF 357
- Cap Rate 6.32
- NOI 60,040
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.76
- Land Acres 0.08 AC
Amenities
- Fenced Lot
- Restaurant
- Security System
- Signage
- Air Conditioning
- Smoke Detector
Nearby Amenities & Transportation
Retail | Natural Grocers | ||
Retail | Pita Pit | ||
Retail | PNC Bank | ||
Retail | Jack In The Box | ||
Retail | Chase | ||
Retail | National Bank Of Arizona | ||
Retail | Rent-A-Center | ||
Retail | Jazzercise | ||
Retail | Dutch Bros | ||
Retail | Starbucks |
Date Created: | 2024-07-16 04:09:20 | Last Updated: | 2024-07-16 04:09:20 |
Address: | 117 S San Francisco St , Flagstaff, Arizona, 86001 |