Investment Opportunity | 5700 E Old Walnut Canyon Rd
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Investment Opportunity 5700 E Old Walnut Canyon Rd
9,600 SF 100% Leased Industrial Building Flagstaff, AZ 86004 £3,137,640 (£327/SF) 6.08% Net Initial Yield
Investment Highlights
- Longterm lease with credible tenant in Wyndham Resorts sitting on a 25 year lease.
- Adjacent RV Boat and Storage yard with 24 hour access.
- Located within close proximity to Interstate 40 for easy access.
Executive Summary
Introducing a prime commercial property offering a strategically positioned 9,600 square foot warehouse on a sprawling 1.77-acre lot plus 143 RV & Boat spaces on 1.66 acres. This property presents a unique investment opportunity with a diversified income stream and an array of valuable assets.
The building is currently home to Wyndham Vacation Resorts, occupying 62.5% of the warehouse building with a secure 30-year triple net lease, providing a stable and consistent revenue stream and Katlon Inc. who occupies the remaining 37.5% with a three-year modified gross lease, offering flexibility and potential for increased returns in the future. The collective cap rate for both the warehouse and the storage spaces is an attractive 6.08%, offering investors a solid and reliable return on investment.
Owner holds an active real estate license in the State of Arizona. Property includes two parcels. The address for the additional parcel number 117-02-012A is 5900 E Old Walnut Canyon Rd.
The building is currently home to Wyndham Vacation Resorts, occupying 62.5% of the warehouse building with a secure 30-year triple net lease, providing a stable and consistent revenue stream and Katlon Inc. who occupies the remaining 37.5% with a three-year modified gross lease, offering flexibility and potential for increased returns in the future. The collective cap rate for both the warehouse and the storage spaces is an attractive 6.08%, offering investors a solid and reliable return on investment.
Owner holds an active real estate license in the State of Arizona. Property includes two parcels. The address for the additional parcel number 117-02-012A is 5900 E Old Walnut Canyon Rd.
Property Facts
| Price | £3,137,640 | Lot Size | 3.43 AC |
| Price Per SF | £327 | Rentable Building Area | 9,600 SF |
| Sale Type | Investment NNN | Number of Floors | 2 |
| Net Initial Yield | 6.08% | Year Built | 1977 |
| Property Type |
| Price | £3,137,640 |
| Price Per SF | £327 |
| Sale Type | Investment NNN |
| Net Initial Yield | 6.08% |
| Property Type | |
| Lot Size | 3.43 AC |
| Rentable Building Area | 9,600 SF |
| Number of Floors | 2 |
| Year Built | 1977 |
Amenities
- 24 Hour Access
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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zoning
| Zoning Code | CC (Community Commercial with perpetual CUP) |
| CC (Community Commercial with perpetual CUP) |
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Mark T. Belsanti -
da Vinci Realty
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Investment Opportunity | 5700 E Old Walnut Canyon Rd
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