2126 N Walgreens St Flagstaff, AZ 86004
9,800 SF warehouse/office on 1.02 acres with fenced yard.
Property Features for 2126 N Walgreens St
General Information
- Standard status
- Active
- Size
- 9,800 SF
- Lot size
- 1.02 Acres
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1998
Listing office Coldwell Banker Northland (928) 607-3749
Listing date May 13, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑demand freestanding warehouse/office facility in Flagstaff's Northwoods Business Centre.
- Convenient access to the I‑40 / US‑89 transportation network.
- Approximately 9,800 SF building on 1.02 acres with +-60% office / +-40% warehouse.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $228.1k | $23.28 |
| − Vacancy | −$47.9k | −$4.89 |
| EGI | $180.2k | $18.39 |
| − OpEx | −$45.1k | −$4.60 |
| NOI | $135.2k | $13.79 |
