Flagstaff, AZ 86001

AutoZone Ground Lease

Property Address

1900 S Milton Rd, Flagstaff, AZ, USA

Offering Summary

  • Price: $3,330,000
  • Lot Size: 0.72 Acres
  • Cap Rate: 5.11%
  • Year Built: 2017
  • Building SF: 7,380
  • Status: In Escrow
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  • Absolute Triple-Net (NNN) Ground Lease
  • Rare Location on Northern Arizona University Campus (30,000 Students)
  • Ten Percent Increases Every Five Years
  • Brand New 15 Year Lease Term
  • 2017 Construction
  • High Barrier to Entry Market with Frontage on Milton Road
  • Located Directly Across from Future High Density Multi Family and Commercial
    Development
  • Award Winning Trade Area – Ranked #1 Most Up-and-Coming City (America
    Unraveled 2016)
  • Surrounded by Student Housing
  • Ten Minutes from Flagstaff Mall – Over 50 Retail Stores and Restaurants
  • Close Proximity to Walmart Anchored Center
  • Over 4.6 Million Annual Visitors to Attractions such as Grand Canyon, Snowbowl
    Ski Resort and Lowell Observatory

Broker Information