901 W Route 66 - Retail FOR SALE


Williams, AZ 86046
$1,030,113 USD
513-300-0763
901 W Route 66, Williams, AZ for Sale
$1,030,113 USD
Retail - FOR SALE
1/12
null | 8.25% Cap Rate

901 W Route 66
Williams, AZ 86046


HIGHLIGHTS

  • Landlord Responsibilities Limited to Structural Portions of the Building, Roof, Parking, Service & Access Areas
  • Tenant is Reponsible for Maintenance and Repair/Replacement of the HVAC Units
  • Tenant is Responsible for Restriping of the Parking Areas & Tenant is Responsible for Removal of Snow, Ice, Trash, Weeds, Debris
  • Tenant Pays Property Taxes Directly to the Taxing Authority
  • Located in the Heart of the Kaibab National Forest
  • Bearizona Wildlife Park is 2.7 miles from the property

OVERVIEW

Presenting a remarkable investment opportunity in FAMILY DOLLAR | 901 W. ROUTE 66, WILLIAMS, AZ 86046. This property boasts an impressive 8.25% CAP rate with an annual rent of $84,984.36, situated on 0.55 acres of fee simple ownership. With 2.5 years remaining on the lease term and a potential 10% rental increase in the renewal option, this deal offers security and growth. The NN+ lease structure minimizes landlord obligations, making it a hassle-free investment. The tenant's strong operating history since 2002 and consistent rent increases underscore a stable income stream. Beyond the property, Williams, AZ, serves as the gateway to the Grand Canyon National Park, attracting tourists and wildlife enthusiasts. The proximity to key areas like Flagstaff, Sedona, and Prescott enhances the property's investment appeal. With sales reporting annually and expanding demographics, this offering represents a compelling opportunity in a thriving location.

FOR SALE DETAILS

PRICE

$1,030,113 USD

PRICE/SF

$128 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

-

APN/PARCEL ID

202-22-004C

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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