285 Jordan Rd - Storefront Retail/Office FOR SALE


Sedona, AZ 86336- Uptown Sedona
$6,450,000 USD
602-687-6652
285 Jordan Rd, Sedona, AZ for Sale
$6,450,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 6.12% Cap Rate

285 Jordan Rd
Sedona, AZ 86336
Uptown Sedona


HIGHLIGHTS

  • Exceptionally High Foot Traffic: Averaging around 8,200 visitors per day with peak days of 20,000-40,000 visitors
  • Tourism Center: Average overnight visitor spends $714 per day. Sedona generates over $1 billion annually in tourism-related economic activity
  • Newest Retail Construction on the Strip: Built in 2014
  • Exceptional Barriers to Entry: Severe land constraints and extremely challenging entitlement and permitting process
  • Seasoned Tenants: Each tenant operates multiple locations
  • 100% Occupied: All 3 tenants are under NNN leases

OVERVIEW

Cedic Plaza presents an opportunity to acquire a fully leased retail asset in the heart of Sedona's primary tourism and shopping district. Constructed in 2014, the property represents one of the newer retail developments along Jordan Road and is occupied by three tenants operating under NNN lease structures. The asset benefits from established tenancy, modern construction, and a location within one of Arizona's most recognized visitor destinations.

FOR SALE DETAILS

PRICE

$6,450,000 USD

PRICE/SF

$1,998 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedic Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,379 SF

ZONING

C-2

APN/PARCEL ID

401-16-002

ASK ABOUT THIS PROPERTY

Tyson MaceMarcus & MillichapMore Info
602-687-6652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tyson MaceMarcus & MillichapMore Info
602-687-6652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.