For Sale
$1,200,000

909 Main StCottonwood, AZ 86326

High-yield, fully occupied retail building.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional retail investment property, located at 909 N Main St in Cottonwood, Arizona (Yavapai County, zip code 86326), offers a compelling opportunity for owner-operators or investors seeking a stable, income-generating asset. The 2,958 square foot building, constructed in 1957 and situated on a 0.08-acre lot (APN 406-34-039), boasts 100% occupancy across three units under a triple net (NNN) lease structure. The current asking price is $1,200,000, translating to a price per square foot of $405.68 and a 4.40% capitalization rate. The property generates a net operating income (NOI) of $52,670 annually. Currently, the leases are month-to-month, offering below-market rents, presenting potential for increased revenue. The property is zoned for commercial use and is ideally positioned within the thriving retail landscape of Historic Old Town Cottonwood. With one year remaining on the current lease terms, this property presents a unique blend of immediate income and long-term growth potential. This is a rare opportunity to acquire a well-located, fully occupied retail building in a desirable Arizona market.

Highlights

  • $1,200,000 asking price for this retail property.
  • 2,958 square feet with a $405.68 price per square foot.
  • Net-Net lease structure with multi-tenant occupancy.
  • 100% occupancy with a remaining lease term of one year.
  • $52,670 Net Operating Income (NOI) yielding a 4.40% cap rate.
  • Located at 909 N Main St, Cottonwood, AZ 86326, on a 0.08-acre lot (APN: 406-34-039).

Property Details for 909 Main St

Property type
Retail properties
Square Feet
2,958 SF
Year Built
1957
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Cottonwood
County
Yavapai
State
Arizona
Latitude
34.747152
Longitude
-112.0270359
909 Main St, Cottonwood, Arizona

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909 Main St
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