For Sale
$4,000,000

5700 Old Walnut Canyon RdFlagstaff, AZ 86004

High-return warehouse, RV storage, & assets.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity in Flagstaff, Arizona, presents a 9,600-square-foot warehouse on a 3.43-acre lot, currently 100% occupied. The property boasts a strong 6.08% cap rate, generating a net operating income (NOI) of $243,383. The warehouse features a 30-year triple net lease with Wyndham Vacation Resorts for 62.5% of the space, ensuring stable, long-term income. The remaining 37.5% is occupied under a three-year modified gross lease. Further enhancing the investment potential are 143 RV and boat storage spaces, also at 100% occupancy and with a long waitlist, adding to the diversified income stream. The property includes a 1998 Chevy truck with a snow plow, a 2021 John Deere tractor, and a 1994 Arctic Cat. Built in 1977, this two-story building sits on a 3.43-acre lot and is zoned Community Commercial (CC). The property's APN is 11702008D & 11702012A. This is a rare opportunity to acquire a well-established, high-performing commercial property with significant upside potential. An additional 3.7 acres are available for purchase separately for $550,000, offering potential for expansion.

Highlights

  • 9,600 SF fully occupied warehouse building.
  • 30-year lease with Wyndham Vacation Resorts.
  • 143 RV & boat storage units, 100% occupied with a long waitlist.
  • 6.08% capitalization rate.
  • Valuable assets included in sale price.
  • Adjacent 3.7-acre expansion parcel available for $550,000.

Property Details for 5700 Old Walnut Canyon Rd

Property type
Warehouses, Retail properties
Square Feet
9,600 SF
Year Built
1977
Buildings
1
Stories
2
Lot Size (sq. ft)
149,411 SF

Location Insight

City
Flagstaff
County
Coconino
State
Arizona
Latitude
35.2040082
Longitude
-111.5747361
5700 Old Walnut Canyon Rd, Flagstaff, Arizona

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5700 Old Walnut Canyon Rd
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