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1900 S Milton Rd
Flagstaff, AZ 86001

AUTOZONE | ABSOLUTE NNN GROUND LEASE · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,380 SF
Building Class
B
Year Built
2017
Tenancy
Single
Number of Floors
1
Building FAR
0.24
Lot Size
0.72 AC
Parking
21 Spaces (2.85 Spaces per 1,000 SF Leased)
Frontage
133 ft on S Milton

About 1900 S Milton Rd , Flagstaff, AZ 86001

INVESTMENT HIGHLIGHTS • Fifteen (15) year absolute NNN ground lease (13 years remaining), landlord has NO responsibilities • Located ½-mile from the I-17 and I-40 interchange, the first and only exit from I-17 (traveling north from Phoenix) and one of the three exits into Flagstaff from I-40 • Some of the most valuable real estate in Flagstaff, high barrier to entry with prime frontage location off the main thoroughfare Milton Road • True investment grade tenant AutoZone, Inc. (NYSE: AZO) with nearly 6,300 stores in the U.S., Puerto Rico, Mexico, and Brazil • AutoZone, Inc. (S&P: BBB) revenues in excess of $11.43 billion • Located just off campus of Northern Arizona University, with over 30,000 students and faculty • Northern Arizona University, Flagstaff’s largest employer, has seen tremendous growth, growing over 42% in the past 10 years • Surrounded by student housing and located across the street from a future high-density multi-family and commercial development • Flagstaff has a strong tourism sector and receives over 5 million visitors per year due to its proximity to Grand Canyon National Park, Oak Creek Canyon, Arizona Snowbowl, Meteor Crater, and historic Route 66

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103-22-004N
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£307,470
  • Listing ID: 17094338

  • Date on Market: 03/09/2019

  • Last Updated:

  • Address: 1900 S Milton Rd, Flagstaff, AZ 86001

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