700 W Highway 89A - Restaurant FOR SALE


Sedona, AZ 86336
$16,706,800 USD
928-224-2709
700 W Highway 89A, Sedona, AZ for Sale
$16,706,800 USD
Restaurant - FOR SALE
1/14
null | 5.5% Cap Rate

700 W Highway 89A
Sedona, AZ 86336


HIGHLIGHTS

  • Absolute NNN lease structure with no landlord responsibilities.
  • Occupied by Mariposa Latin Inspired Grill.
  • Located directly on State Route 89A in Sedona.
  • Approximately 2.26-acre site bordered by Coconino National Forest.
  • Personally guaranteed
  • Irreplaceable world class real estate

OVERVIEW

Home to world-renowned Mariposa Latin Inspired Grill - 700 West State Route 89A represents an ULTRA rare opportunity to acquire an absolute NNN income property in one of the Southwest's most supply-constrained destination markets. Recently appraised at $18.35M. The real estate itself is irreplaceable. The ±2.26-acre site sits directly on SR 89A bordered on multiple sides by Coconino National Forest — meaning this view corridor, this location, and this land mass cannot be duplicated at any price. Panoramic red rock views from every area of the property anchor a dining experience that has been featured in Forbes, the New York Times, and Arizona Highways, and that drives millions of dollars in organic, guest-generated social media exposure annually. Adjacent to the newly developed iconic Ambiente Resort and at the top of Sedona's primary commercial corridor, this is not a commodity net lease asset — it is a landmark trophy property with durable, inflation-aware income, a proven operator, and a physical footprint that will never be replicated. No visit to Sedona is complete without dining at Mariposa... THIS IS THE PINNACLE OF SEDONA COMMERCIAL REAL ESTATE WITH HISTORICAL AND FORWARD NOI TO BACK IT UP. DO NOT LET THIS ONE PASS BY. OWN A TRUE TROPHY LEGACY PROPERTY. Email broker for NDA and access to OM with full details. Investment highlights

FOR SALE DETAILS

PRICE

$16,706,800 USD

PRICE/SF

$1,759 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

401-46-124C

ASK ABOUT THIS PROPERTY

Jack McMahonMcMahon & Miller Commercial Real EstateMore Info
928-224-2709

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Jack McMahonMcMahon & Miller Commercial Real EstateMore Info
928-224-2709

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