This deal is perfect for an out of state investor, looking to tap into the Sedona market. The most competitive market in Arizona, without a doubt. Great 1031 opportunity, no hassles, no problems.
Plaza Del Sol is a well-maintained office property located in the heart of Sedona, AZ — a high-demand market known for its vibrant tourism and strong local economy. This investment offers stable, passive income with a long-term tenant in place under an NNN lease, where the tenant is responsible for all operating expenses, including property taxes and insurance.
The current monthly rent increased on April 1st, 2025 to $11,908.14, up from $11,312.70 in 2024, providing strong annual rent growth. The tenant holds a 5-year renewal option, with the renewal date set for December 30, 2026, offering continued income stability for years to come.
The current owner has invested $150,000 in improvements since acquisition, making this a truly turnkey asset with minimal future capital expenditures. This is an ideal opportunity for a 1031 exchange buyer or investor seeking a low-maintenance, cash-flowing property in one of Arizona's premier markets.
offering memorandum available on 4/21/2025.