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Shopping Strip

Canyon 66 Plaza

1416 E Rte 66, Flagstaff, AZ 86001

Listing Price: $11,843,600

Cap Rate
5.50%
Gross SF
50,606
Rentable SF
50,606
Price/Gross SF
$234.04
Lot Size
4.94 acres
Year Built
1995

Investment Overview

Goodwill is an American nonprofit organization that provides job training, employment placement services, and other community based programs – all funded by Goodwill’s massive network of retail thrift stores. Founded in 1902, Goodwill is headquartered in Rockville, Maryland and has a presence in 14 countries, including the U.S. and Canada. Headquartered in Columbus, Ohio, Big Lots, Inc. (NYSE: BIG) is a community retailer operating more than 1,400 Big Lots stores in 47 U.S. states, dedicated to friendly services, trustworthy value, and affordable solutions in every season and category - furniture, food, décor, and more. Flagstaff, Arizona is located at the intersection of I-17 and I-40, and is the largest city in Northern Arizona. The City is also the regional center and county seat for Coconino County, the second largest county in the 48 contiguous states (by area). The City of Flagstaff is comprised of just over 64 square miles nestled at the base of the San Francisco Peaks. It is surrounded by one of the largest pine forests on Earth. At nearly 7,000 feet, Flagstaff is also one of the highest elevation cities in the United States.

Investment Highlights

  • Brand New 10 and 12 Year Triple-Net (NNN) Leases with Corporate Tenants
  • High-Quality 2021 Remodel Underway
  • Flagstaff MSA is Home to Over 139,000 Residents and is Rapidly Growing
  • Next Door to Fry's Food & Drug, Generating Great Foot Traffic to the Area - According to Placer AI, this Fry's Location has Seen an Estimated 1.25 Million Visits Over the Past Year
  • Surrounded by National Retailers - Verizon, Sam's Club, Sonic Drive-In, Taco Bell, etc.
  • High Traffic Location Along Historic Route 66 (Over 26,650 Cars per Day)
  • Over 39,250 Cars per Day at the Hard Corner Intersection of Route 66 and Switzer Canyon Drive
  • Approximately Five Minutes Drive-Time from Downtown Flagstaff and Northern Arizona University (Over 30,700 Students)

Exclusively Listed By

Shopping Strip

Canyon 66 Plaza

Listing Price: $11,843,600

Cap Rate
5.50%
Gross SF
50,606
Rentable SF
50,606
Price/Gross SF
$234.04
Lot Size
4.94 acres
Year Built
1995

Investment Highlights

  • Brand New 10 and 12 Year Triple-Net (NNN) Leases with Corporate Tenants
  • High-Quality 2021 Remodel Underway
  • Flagstaff MSA is Home to Over 139,000 Residents and is Rapidly Growing
  • Next Door to Fry's Food & Drug, Generating Great Foot Traffic to the Area - According to Placer AI, this Fry's Location has Seen an Estimated 1.25 Million Visits Over the Past Year
  • Surrounded by National Retailers - Verizon, Sam's Club, Sonic Drive-In, Taco Bell, etc.
  • High Traffic Location Along Historic Route 66 (Over 26,650 Cars per Day)
  • Over 39,250 Cars per Day at the Hard Corner Intersection of Route 66 and Switzer Canyon Drive
  • Approximately Five Minutes Drive-Time from Downtown Flagstaff and Northern Arizona University (Over 30,700 Students)

Investment Overview

Goodwill is an American nonprofit organization that provides job training, employment placement services, and other community based programs – all funded by Goodwill’s massive network of retail thrift stores. Founded in 1902, Goodwill is headquartered in Rockville, Maryland and has a presence in 14 countries, including the U.S. and Canada. Headquartered in Columbus, Ohio, Big Lots, Inc. (NYSE: BIG) is a community retailer operating more than 1,400 Big Lots stores in 47 U.S. states, dedicated to friendly services, trustworthy value, and affordable solutions in every season and category - furniture, food, décor, and more. Flagstaff, Arizona is located at the intersection of I-17 and I-40, and is the largest city in Northern Arizona. The City is also the regional center and county seat for Coconino County, the second largest county in the 48 contiguous states (by area). The City of Flagstaff is comprised of just over 64 square miles nestled at the base of the San Francisco Peaks. It is surrounded by one of the largest pine forests on Earth. At nearly 7,000 feet, Flagstaff is also one of the highest elevation cities in the United States.

Exclusively Listed By

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