Property Listing No Longer Available for Sale

2409 N. 4th Street, Flagstaff, AZ

Office for Sale - $1,088,000 - 7,850 Sq. Ft. on 0.68 acres


Property Info

CIMLS#135162
Location
  2409 N. 4th Street
  Flagstaff AZ 86004
UpdatedJune 13th, 2011
TypeOffice
Price$1,088,000
Building7,850 Sq. Ft.
Land0.68 acres

Property Description

Prime office building in Flagstaff, AZ with a 9 CAP rate! Four beautiful suites totaling 7850 sq/ft. This is one of the best office buildings anywhere in Flagstaff. It has been meticulously maintained by present owner & shows definite pride of ownership. Property has no deferred maintenance. Owner has done many substantial and voluntary improvements seldom found on any building. For example in 2010: Roof snow melt wiring added, gas sub-meters for each unit installed, many energy efficiency upgrades (including the outdoor lighting and heat timers on all utility systems), exterior synthetic stucco on 2nd floor and much more. Building has an inviting lower lobby, an elevator, upstairs mezzanine lobby, 6 ADA compliant bathrooms, metal roof, 36 parking spaces and a great location. Stable tenants pay triple net, creating an over $98,000 net profit annually. Call for prospectus


Financials