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15 N San Francisco St
19,168 SF 100% Leased Retail Building Flagstaff, AZ 86001 £4,078,932 (£213/SF)
Investment Highlights
- Centrally located in historic Downtown Flagstaff, within walking distance of endless dining, shopping, lodging, events, and entertainment options.
- Two-story building offers 19,168 square feet of retail, office, and residential space, making it a versatile investment opportunity.
- Situated at the corner of N San Francisco Street and Route 66, providing easy access to Interstate 40 and Flagstaff Amtrak.
- A unique value-add opportunity to own an adaptable mixed-use asset allowing for a strategic lease-up plan to enhance its value further.
- Home to popular tenants like Aspen Sports and We Scotty Sewing Shop, which attract patrons and potential new tenants to the area.
- Proximity to Northern Arizona University and the Grand Canyon, draws millions of visitors annually, enhancing the asset’s demand.
Executive Summary
Positioned in the heart of Downtown Flagstaff, the property is within walking distance of numerous dining, shopping, lodging, and entertainment options. Tenants benefit from various transportation options, including the Flagstaff Amtrak station, which provides eastbound and westbound services on the Southwest Chief route, as well as rental cars, shuttles, and day tours to the Grand Canyon. The property’s prime location at the corner of N San Francisco Street and Route 66 ensures easy access to Interstate 40. The area within a five-mile radius of the property boasts a growing population with a strong spending power exceeding $865 million. The residential demand is robust, with 55% of the population being renters, creating a steady demand for residential space.
Flagstaff attracts visitors from across the state, nation, and globe with its iconic attractions, such as the ponderosa pine forest, outdoor festivals, and Northern Arizona University. The property is also close to national retailers like Whole Foods, Chick-fil-A, and REI, within a one-mile radius. As the central gateway to Northern Arizona and the Grand Canyon National Park, Flagstaff’s four distinct seasons, convenient location, and exceptional quality of life draw four million annual visitors, boosting the property’s appeal and investment potential.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Rental rate is $500 per month. A $50/month charge is added to rent for all utilities and cleaning of common area space.
Rent price is $425 per month. A $50/month charge is added to rent for all utilities and cleaning of common area space.
Rental rate is $425 per month. A $50/month charge is added to rent for all utilities and cleaning of common area space.
Rental rate is $425 per month. A $50/month charge is added to rent for all utilities and cleaning of common area space.
Space | Size | Space Use | Position | Available |
11 | 300 SF | Office | - | 30 Days |
3 | 239 SF | Office | - | 30 Days |
6 | 248 SF | Office | - | 30 Days |
9 | 195 SF | Office | - | 30 Days |
11
Size |
300 SF |
Space Use |
Office |
Position |
- |
Available |
30 Days |
3
Size |
239 SF |
Space Use |
Office |
Position |
- |
Available |
30 Days |
6
Size |
248 SF |
Space Use |
Office |
Position |
- |
Available |
30 Days |
9
Size |
195 SF |
Space Use |
Office |
Position |
- |
Available |
30 Days |
11
Size | 300 SF |
Space Use | Office |
Position | - |
Available | 30 Days |
Rental rate is $500 per month. A $50/month charge is added to rent for all utilities and cleaning of common area space.
3
Size | 239 SF |
Space Use | Office |
Position | - |
Available | 30 Days |
Rent price is $425 per month. A $50/month charge is added to rent for all utilities and cleaning of common area space.
6
Size | 248 SF |
Space Use | Office |
Position | - |
Available | 30 Days |
Rental rate is $425 per month. A $50/month charge is added to rent for all utilities and cleaning of common area space.
9
Size | 195 SF |
Space Use | Office |
Position | - |
Available | 30 Days |
Rental rate is $425 per month. A $50/month charge is added to rent for all utilities and cleaning of common area space.
About Downtown Flagstaff
The broader Flagstaff area is known for its natural beauty and outdoor recreation, helping attract more than 5 million visitors per year. At the heart of the tourism industry is Downtown Flagstaff, the city’s hub for entertainment, shopping, and dining. Renowned restaurants and breweries populate the neighborhood, cultivating a lively cultural hotspot. In addition to tourism, as the seat of Coconino County, Flagstaff is home to many of the region’s public sector institutions, supporting economic growth.
The Route 66, I-40, and I-17 freeways provide strong connectivity for businesses, residents, and visitors. Demographically, the city boasts stronger incomes and better educational attainment than many of Arizona’s other major markets, fostering a steady pool of potential consumers.
New retail development is infrequent in Flagstaff, which provides existing owners and operators with a limited threat to new supply. Additionally, steady population growth and rising incomes drive healthy underlying retail demand. The nearby main campus of Northern Arizona University, with over 21,500 students, supplies a healthy base of student shoppers.
DEMOGRAPHICS
Demographics
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £0 | |
Land Assessment | £0 | Total Assessment | £272,640 |
PROPERTY TAXES
Presented by
CMEH Realty
15 N San Francisco St
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