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Here's an opportunity that quietly produces a steady income on the area's principal north-south highway. This retail building was originally built as four 1,000 square foot suites. Long-term tenant Aroma Pizza is in three suites and The Ditch Beer & Wine Store is in the other. The 100%-leased, 4,000 square foot building producing a 6% cap rate will serve as a solid piece in any investment portfolio. The property, zoned Commercial Light, has great visibility with an average daily traffic count of 20,652 vehicles per day on State Route 89.
Courtesy of: Better Homes And Gardens Real Estate Bloomtree Realty IDX information provided by the Sedona Verde Valley Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 25th June, 2022 4:53 AM (UTC)