$8,200,000
Flagstaff, AZ 86001
MLS# 187008
Status: Closed
28201 sqft
1 / 24
Property Description
This 100% Occupied 28,201 SF Class A office/medical building is on 1.8 acres, and is located less than a mile southwest of downtown Flagstaff and across the street from the Northern Arizona University campus. Rare Investment Opportunity!!
Details
Contract Info
List Price/SqFt: 301.4
Property Sub-Type: Office Building
Status: Closed
Listing Agreement Date: 2021-08-12
Sold Price: $8,200,000
Current Price: $8,200,000
Location, Tax & Legal
Region: 10 - North West City
APN: 10302005y
Legal Description: RIORDAN ADD BEG AT N
Zoned: Highway comm
Taxes: 70873
Tax Year: 2021
County: Coconino
Area: 157 - Milton Commercial
Street #: 399
Direction: S
Street Name: Malpais
Suffix: Lane
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.194426
Geo Lon: -111.657844
Location
Corner Lot: 1
Freestanding: 1
General Property Description
Year Built: 2013
Dimensions: 255.38x310.56
Acres: 1.78
Approx SqFt: 28201
Key Words
Sale/Rent: sale
Net Op Inc: CLO
Cap Rate: CLO
Down Payment: Submit
Imprv Sz (Gross SF): 20,000 - 49,999
#Tenants/Units: 5 - 9
Land Size: 1 - 4.9 AC
Trade/Exchange: Submit
Remarks & Misc
Directions: On Malpais Lane off of Milton Road, Flagstaff's main North-South corridor.
Status Change Info
Sold Price/SqFt: 290.76
Financing: Conventional
Sold Date: 2022-03-25
Sold Price: $8,200,000
To Show
CLO/KILO: 1
Possession
By Agreement: 1
Terms of Sale
1031 Exchange: 1
Cash: 1
Submit: 1
Leases
Net: 1
Util Pd by Tenant
Electricity: 1
Janitorial: 1
Nat. Gas: 1
Exterior Amenities
Handic. Access: 1
Landscaped: 1
Sprinkler System: 1
Lot Street Imprvmnts
Alley: 1
Curbs: 1
Paved Parking: 1
Sidewalks: 1
St-Blacktop: 1
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Sewer: 1
Telephone: 1
TV Cable: 1
Occupancy
Totally Leased: 1
Heating
Central: 1
Cooling
Central Air: 1
Management
Manager: 1
Construction
Two Story: 1
Roof
Asphalt Shingle: 1
Freeway Turn Time
1-4 Min: 1
Property Features
To Show: CLO/KILO
Terms of Sale: 1031 Exchange; Cash; Submit
Leases: Net
Util Pd by Tenant: Electricity; Janitorial; Nat. Gas
Exterior Amenities: Handic. Access; Landscaped; Sprinkler System
Occupancy: Totally Leased
Management: Manager
Construction: Two Story
Roof: Asphalt Shingle
Heating: Central
Cooling: Central Air
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone; TV Cable
Lot Street Imprvmnts: Alley; Curbs; Paved Parking; Sidewalks; St-Blacktop
Location: Corner Lot; Freestanding
Freeway Turn Time: 1-4 Min
Possession: By Agreement
IDX
Listing Office: da Vinci Realty
Last Updated: September - 06 - 2024
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