Active

5700 E Old Walnut Canyon Road

Flagstaff AZ, 86004

$4,000,000


$416.67 per sqft

Active

9,600 sqft

Other

Built in 1977

Courtesy of Mark T Belsanti with da Vinci Realty

Introducing a prime commercial property offering: a strategically positioned 9,600 square foot warehouse on a sprawling 1.77-acre lot. This property presents a unique investment opportunity with a diversified income stream from two reputable tenants and an array of valuable assets. The building is currently home to Wyndham Vacation Resorts, occupying half of the space with a secure 30-year triple net lease, providing a stable and consistent revenue stream. Additionally, Katlon Inc. occupies the remaining half with a three year modified gross lease, offering flexibility and potential for increased returns in the future. What makes this investment truly exceptional is the inclusion of 143 RV & Boat Storage outdoor spaces on 1.66 acres, fully leased with a waitlist in place ensuring maximum utilization of the property. The collective cap rate for both the warehouse and the storage spaces is an attractive 6.08 percent cap rate, offering investors a solid and reliable return on investment. But the benefits don't stop there. The sale of this property includes valuable assets such as a 1998 Chevy Truck with a snow plow (worth 15,000 Dollars), a 2021 John Deere Tractor (worth 61,000 Dollars), and a 1994 Arctic Cat (worth 750 Dollars ). These assets not only enhance the property's operational efficiency but also contribute to its overall value.

3.78 acres of adjacent land for sale under separate listing for Four Hundred Seventy Five Thousand Dollars.

Owner holds an active Real Estate license in the State of Arizona.

195701

MLSⓇ ID

October 3, 2024

Listed

December 20, 2024

Updated

Map

5700 E Old Walnut Canyon Road
Flagstaff AZ, 86004

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

1.77 Acres

Other Property Details

Area Name

335 - Continental Cntry Clb


Taxes

$5,471


Tax Frequency

Annually


Days on Market

333


Garage

No


View

No


County

Coconino


Pool

No

Listing Contact:  

Based on information from the Northern Arizona Association of REALTORS® as of 12/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2024 Northern Arizona Association of REALTORS®. All rights reserved.

Data last updated 6:19 PM UTC, 12/20/2024

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