Investment Overview

Cedic Plaza presents a rare opportunity to acquire a trophy retail asset in the heart of Uptown Sedona, one of the most iconic and supply-constrained retail corridors in the United States. The property totals 3,229 square feet and is 100% leased to three established tenants, each operating multiple locations. Constructed in 2014, the building is the newest retail property on the Uptown Sedona ¼ mile pedestrian strip and one of only three retail buildings built after 1990 in the corridor. Its modern masonry and concrete construction provides a significant competitive advantage relative to the predominantly older surrounding inventory, enhancing tenant appeal and long-term durability, with very limited maintenance required. The property is also distinguished by a 32-foot clock tower dominating the main turning circle intersection and a crosswalk perfectly positioned in front of the building, capturing high-volume pedestrian traffic from the heart of Uptown Sedona, creating an iconic presence and unmatched visibility for tenants. The property further benefits from Sedona’s exceptionally high barriers to entry, driven by limited land availability and an extremely restrictive entitlement and permitting process. The property is positioned in the center of Uptown Sedona’s premier shopping district, directly benefiting from intense tourism-driven foot traffic. Uptown Sedona attracts over 3 million visitors annually, averaging more than 8,200 visitors per day, with peak periods reaching 20,000–40,000 visitors daily. Tourism generates over $1 billion in annual economic activity, creating sustained demand for well-located retail space and contributing to historically low vacancy throughout the submarket. All leases are Triple-Net (NNN), offering a passive ownership structure, with a 3.6-year weighted average lease term (WALT). Limited retail supply and consistent tenant demand have historically made re-leasing space in Uptown Sedona highly achievable, supporting long-term income stability and value preservation. Offered for the first time, Cedic Plaza represents a rare, generational acquisition opportunity in a globally recognized destination market, appealing to trophy asset buyers, long-term investors, and 1031 exchange purchasers seeking durable cash flow, minimal management intensity, and irreplaceable real estate.