For Sale | Prime Retail Investment In Williams

106 S 9th St, Williams, AZ

$1,399,000

Price

7%

Cap Rate

$81,000

NOI

Gallery
Street
Map
Overview
Cap Rate
7%
NOI
$81,000
Pro Forma Cap Rate
7.3%
Building Size
11,900 sqft
Lot Area
0.68 acres
Class
C
Lease Type
Modified Gross
Units
5
Year Built
1988
Price Per Sqft
$94.54
Zoning
Commercial
Parking Spots
25
Construction Status
Existing
Roof
Flat
Floor
1
Description

Pine Mountain Plaza is a conveniently situated retail investment property located just off of W. Route 66 in the western end of Williams, less than half a mile from the bustling downtown business district. The building has 5 units, FULLY LEASED, with many long-standing tenants and ample front surface parking. True ease of ownership with value add on the rents, this facility is ideal for a 1031 exchange or investment outside of the financial markets with a good CAP and low overhead. With a truly limited supply of adequate investment property in the area and much higher prices 30 miles away in Flagstaff, this property is a rare find. As Williams, AZ steadily grows with more and more residents escaping the larger cities, this is the perfect opportunity for absentee ownership and strong rental

income to compliment the rural lifestyle. Come take a look at this fantastic opportunity in this blossoming community considered the Gateway to the Grand Canyon.

Highlights
  • Retail plaza less than half a mile from downtown Williams
  • Large parking lot
  • Five units, fully leased by long-standing tenants
  • Two roll-ups
  • 7.3% CAP (Pro-forma)
  • Under $100/sf real estate
  • Rent roll provided with a signed NDA
Documents
Title
OM_106_S._9th_St_2023.pdf
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Location
Gallery