1926 N Fourth Street, Flagstaff, AZ 86004 (MLS# 182709)

$2,950,000
1926 N Fourth Street
Flagstaff, AZ 86004
MLS# 182709
43463 sqft
1926 N Fourth Street, Flagstaff, AZ 86004
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1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004 1926 N Fourth Street, Flagstaff, AZ 86004

Property Description
Pinegrove Shopping Center is located in a key corridor, high transit service marketing area and designated Regional Activity Center per the Flagstaff GMG 2030. This established shopping center provides an immediate cash flow while offering a new Owner the opportunity for upgrading or redevelopment.

Details
Maps
Contract Info
List Price: $2,950,000
Current Price: $2,950,000
List Price/SqFt: 67.87
Property Sub-Type: Shopping Center
List Date: 2020-08-12
Location, Tax & Legal
County: Coconino
Region: 40 - North East City
Area: 430 - Lower Greenlaw
APN: 10714005d
Street #: 1926
Direction: N
Street Name: Fourth
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Legal Description: To be provided in escrow
Zoned: CS
Taxes: 33775
Tax Year: 2017
Geo Lat: 35.208046
Geo Lon: -111.612812
Key Words
Sale/Rent: Sale
Net Op Inc: $100,000 - 499,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 20,000 - 49,999
#Tenants/Units: 10 - 19
Land Size: 1 - 4.9 AC
Trade/Exchange: Not Applicable
General Property Description
Approx SqFt: 43463
Remarks & Misc
Directions: Going east or west on Route 66, turn north on Fourth St. Property is on the right.
Status Change Info
Status: Active
Inc/Exp (Annual)
Grs Op Inc $: 369828
- Op Exp $: 131451.36
= Net Op Inc $: 238376.64
Cash on Cash %: 6.2
Property Features
Inc/Exp (Annual): Seller Prop Disc St
To Show: CLO/KILO
Terms of Sale: Build to Suit; CTM/Assump; Refinance
Exis Fee/Docs: Prepymt Penalty; Transfer Fee
Leases: Mo. to Mo.; 1 Yr. +; Gross; Net
Util Pd by Tenant: Cable TV; CAM's; Electricity; Nat. Gas; RE Insurance; RE Tax; Snow Removal; Trash Collect
General Land Info: CPI/Lease
Docs on File: Aerial Photo; Leases; Legal Descrip.; Ownr Op Stmnt
Exterior Amenities: Handic. Access
Occupancy: Partially Leased
Management: Owner
Construction: One Story; Masonry
Roof: Asphalt Shingle; Flat; Pitched
Heating/Cooling: Central A/C; Evap Coolers; Gas; Indiv AC Units
Utilities: (3 Phase); City Water; Electric; Indiv Metered; Natural Gas; Primary Meter; Sewer
Lot Street Imprvmnts: Alley; Paved Parking
Location: Freestanding
Freeway Turn Time: 5-9 Min
Possession: By Agreement; COE +

Listing Office: Jackson Associates

Last Updated: October - 18 - 2021

1926 N Fourth Street, Flagstaff, AZ 86004 - MLS# 182709

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