5700 E Old Walnut Canyon Rd - Industrial FOR SALE


Flagstaff, AZ 86004
$4,000,000 USD
928-254-1770
5700 E Old Walnut Canyon Rd, Flagstaff, AZ for Sale
$4,000,000 USD
Industrial - FOR SALE
1/2
null | 6.08% Cap Rate

5700 E Old Walnut Canyon Rd
Flagstaff, AZ 86004


HIGHLIGHTS

  • Longterm lease with credible tenant in Wyndham Resorts sitting on a 25 year lease.
  • Located within close proximity to Interstate 40 for easy access.
  • Adjacent RV Boat and Storage yard with 24 hour access.

OVERVIEW

Introducing a prime commercial property offering a strategically positioned 9,600 square foot warehouse on a sprawling 1.77-acre lot plus 143 RV & Boat spaces on 1.66 acres. This property presents a unique investment opportunity with a diversified income stream and an array of valuable assets. The building is currently home to Wyndham Vacation Resorts, occupying 62.5% of the warehouse building with a secure 30-year triple net lease, providing a stable and consistent revenue stream and Katlon Inc. who occupies the remaining 37.5% with a three-year modified gross lease, offering flexibility and potential for increased returns in the future. The collective cap rate for both the warehouse and the storage spaces is an attractive 6.08%, offering investors a solid and reliable return on investment. Owner holds an active real estate license in the State of Arizona. Property includes two parcels. The address for the additional parcel number 117-02-012A is 5900 E Old Walnut Canyon Rd.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

6.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Opportunity

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.43

LAND SF

149,411

ZONING

CC

APN/PARCEL ID

11702008D & 11702012A

ASK ABOUT THIS PROPERTY

Mark T. Belsantida Vinci RealtyMore Info
928-254-1770

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Mark T. Belsantida Vinci RealtyMore Info
928-254-1770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.