Retail Space Near Interstate
For Sale
Contact for pricing
2025 N East St, Flagstaff, AZ 86004
Retail space positioned near Northern Arizona University, Downtown Flagstaff, and Interstate 40.
Property Size3,300 SF
Price / SF$300
Days on Market52
Property Features for 2025 N East St
General Information
Standard status
Active
Size
3,300 SF
Property subtype
RETAIL
Site & Location
Traffic Count
55,073 vehicles/day
Highway Access
Yes
Additional Details
Asking Price
$990,000
Listing Agency:
Cushman & Wakefield | Phoenix
(602) 954-9000
Listed By:
Shane Carter · License #SA673156000
(602) 253-7900
Source:
Moodyscre
Added: Jul 30
Changed: Sep 4
Last Checked: Sep 19 at 10:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Phoenix
Investment Insights
Based on property information with market context.
This 3,300-square-foot retail property is located at 2025 N East St in Flagstaff, Arizona. The site offers a defined commercial setting for retail operations, with proximity to major institutional, downtown, and transportation destinations.
Northern Arizona University is approximately 4 miles away and has more than 28,000 students, along with thousands of faculty and staff. Downtown Flagstaff is less than 3 miles from the property, providing access to restaurants, breweries, shops, entertainment, and community events. Interstate 40 is conveniently accessible and carries approximately 55,073 vehicles per day. Average household income within a 5-mile radius exceeds $107,000.
Northern Arizona University is approximately 4 miles away and has more than 28,000 students, along with thousands of faculty and staff. Downtown Flagstaff is less than 3 miles from the property, providing access to restaurants, breweries, shops, entertainment, and community events. Interstate 40 is conveniently accessible and carries approximately 55,073 vehicles per day. Average household income within a 5-mile radius exceeds $107,000.
Key Highlights
- 3,300 square feet of retail space
- Approximately 4 miles from Northern Arizona University
- Northern Arizona University serves more than 28,000 students and thousands of faculty and staff
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,914
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$798,280
$798.3K
Cap Rate 7%
$570,200
$570.2K
Cap Rate 9%
$443,489
$443.5K
Market Conditions
NOI Build-Up for 3,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$61.0K $18.48/SF
− Vacancy
−$4.0K −$1.20/SF
EGI
$57.0K $17.28/SF
− OpEx
−$17.1K −$5.18/SF
NOI
$39.9K $12.10/SF
Area
Coconino County, AZ
Vacancy
6.50%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$798,280
Cap Rate 7%
$570,200
Cap Rate 9%
$443,489
Alternative Uses
Best Use
Retail
$570.2K
$498.9K – $665.2K
NOI $39,914 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$912.3K
$798.3K – $1.06M
NOI $63,862 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
55,073 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
228k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 21%
Apparel 14%
Home Improvements & Furnishings 6%
Chick-fil-A
Dining
41,605 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
40,730 visits/mo
0.4 miles
Texas Roadhouse
Dining
35,449 visits/mo
0.4 miles
Sportsman's Warehouse
Apparel
31,624 visits/mo
0.3 miles
Speedway
Shops & Services
17,803 visits/mo
0.4 miles
Demographics for 86004, AZ
38,451
Population
16,550
Households
2.3
Avg Household Size
37
Median Age
44%
College-Educated
95%
High-School Grad
914.5 sq mi
ZIP Area
42
Density / Sq Mi
$77,486
Median Household Income
$42,659
Median Earnings
$1,611
Median Rent
$464,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space positioned near Northern Arizona University, Downtown Flagstaff, and Interstate 40.
Where is this retail space located?
The property is located at 2025 N East St Flagstaff, AZ.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 3,300 square feet of retail space; Approximately 4 miles from Northern Arizona University; Northern Arizona University serves more than 28,000 students and thousands of faculty and staff
