705 Pike StWinslow, AZ 86047

Property Details for 705 Pike St

Year built

2005

Lot size

1.15 AC

Property size (Sq ft)

12,314 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a freestanding, two-tenant retail property situated in Winslow, Arizona. The property boasts a total of 12,314 square feet, currently 100% occupied by Dollar General and Buddy's Home Furnishings, both credit-rated tenants with a corporate guarantee. The lease is a Net Net (NN) structure, providing a predictable income stream. With a remaining lease term of 2.5 years expiring May 30, 2027, this property offers immediate cash flow and long-term potential. The asking price is $1,183,047, representing a compelling $96.07 per square foot and a 9.00% capitalization rate. Built in 2005, the single-story building sits on a 1.15-acre lot. Its prime location across from a Walmart Supercenter ensures high visibility and convenient access for customers. This property is part of a larger portfolio, but can be purchased individually. The property's strong tenant mix, favorable lease terms, and strategic location make it an attractive investment for discerning buyers seeking stable returns in a growing market. The property consists of one building with two units.

Location Insight

City

Winslow

County

Navajo

State

Arizona

Latitude

35.0408

Longitude

-110.701

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