bedrooms
0
bathrooms
0
square feet
9,600
Acreage
1.77
Open Houses
-
year built
1977
Full Baths
0
Half Baths
0
Introducing a prime commercial property offering: a strategically positioned 9,600 square foot warehouse on a sprawling 1.77-acre lot. This property presents a unique investment opportunity with a diversified income stream from two reputable tenants and an array of valuable assets. The building is currently home to Wyndham Vacation Resorts, occupying half of the space with a secure 30-year triple net lease, providing a stable and consistent revenue stream. Additionally, Katlon Inc. occupies the remaining half with a three year modified gross lease, offering flexibility and potential for increased returns in the future. What makes this investment truly exceptional is the inclusion of 143 RV & Boat Storage outdoor spaces on 1.66 acres, fully leased with a waitlist in place ensuring maximum utilization of the property. The collective cap rate for both the warehouse and the storage spaces is an attractive 6.08 percent cap rate, offering investors a solid and reliable return on investment. But the benefits don't stop there. The sale of this property includes valuable assets such as a 1998 Chevy Truck with a snow plow (worth 15,000 Dollars), a 2021 John Deere Tractor (worth 61,000 Dollars), and a 1994 Arctic Cat (worth 750 Dollars ). These assets not only enhance the property's operational efficiency but also contribute to its overall value.
3.78 acres of adjacent land are for sale under a separate listing for Five-Hundred and Fifty Thousand.
Owner holds an active Real Estate license in the State of Arizona.
Location | |
Subdivision | - |
County | Coconino |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 195701
Listing agent:
Mark T Belsanti
Listing broker:
Da Vinci Realty, Llc
(928) 779-3800
Copyright © 2025 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, April 23 2025 at 7:19 p.m. EDT
Kotohomes National
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