Retail Space Near Interstate
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For Sale
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2212 E Cedar Ave, Flagstaff, AZ 86004
Retail space near Interstate 40, downtown Flagstaff, and Northern Arizona University.
Property Size2,727 SF
Price / SF$278
Days on Market7
Property Features for 2212 E Cedar Ave
General Information
Standard status
Active
Size
2,727 SF
Property subtype
RETAIL
Site & Location
Traffic Count
55,073 vehicles/day
Highway Access
Yes
Additional Details
Asking Price
$758,106
Listing Agency:
Cushman & Wakefield | Phoenix
(602) 253-7900
Listed By:
Jordyn Galvin · License #SA673156000
(602) 229-5855
Source:
Moodyscre
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 4 at 12:55PM
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.
Located at 2212 E Cedar Ave in Flagstaff, this 2,727-square-foot retail space offers a defined commercial footprint for retail operations. The property is approximately 5 miles from Northern Arizona University, with a campus community exceeding 28,000 students plus thousands of faculty and staff.
Downtown Flagstaff is less than 3 miles away, providing access to restaurants, breweries, retail, entertainment, and year-round community events. Interstate 40 is conveniently accessible and carries approximately 55,073 vehicles per day. Average household incomes within a 3-mile radius exceed $105,000.
Downtown Flagstaff is less than 3 miles away, providing access to restaurants, breweries, retail, entertainment, and year-round community events. Interstate 40 is conveniently accessible and carries approximately 55,073 vehicles per day. Average household incomes within a 3-mile radius exceed $105,000.
Key Highlights
- 2,727‑square‑foot retail space at 2212 E Cedar Ave
- Approximately 5 miles from Northern Arizona University
- Less than 3 miles from Downtown Flagstaff
Financial Insights For Retail
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 | $50.4k | $18.48 |
| − Vacancy | −$3.3k | −$1.20 |
| EGI | $47.1k | $17.28 |
| − OpEx | −$14.1k | −$5.18 |
| NOI | $33.0k | $12.10 |
2,727 SF · lease $18.48/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$471.2K
$412.3K – $549.7K
NOI $32,984 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$753.9K
$659.7K – $879.6K
NOI $52,774 @ 7.0% cap · market cap 6.96%
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
1,123
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 33%
Dining 19%
Electronics 2%
Safeway
Groceries
33,348 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,718 visits/mo
0.2 miles
SONIC Drive In
Dining
11,824 visits/mo
0.4 miles
Wells Fargo
Shops & Services
11,276 visits/mo
0.3 miles
Safeway Gas
Shops & Services
9,983 visits/mo
0.2 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 near Interstate 40, downtown Flagstaff, and Northern Arizona University.
Where is this retail space located?
The property is located at 2212 E Cedar Ave Flagstaff, AZ.
What is the asking price?
The asking price for this property is $758,106.
What are key features of this property?
This property features: 2,727‑square‑foot retail space at 2212 E Cedar Ave; Approximately 5 miles from Northern Arizona University; Less than 3 miles from Downtown Flagstaff
