Retail Space Near Interstate
For Sale
Contact for pricing
2212 E Cedar Avenue, Flagstaff, AZ 86004
Retail space near Interstate 40, downtown Flagstaff, and Northern Arizona University.
Property Size2,727 SF
Price / SF$278
Days on Market105
Property Features for 2212 E Cedar Avenue
General Information
Standard status
Active
Size
2,727 SF
Property subtype
Retail
Zoning
Community Commercial
Investment Type
Owner/User
Site & Location
Traffic Count
55,073 vehicles/day
Highway Access
Yes
Additional Details
Asking Price
$758,106
Building Details
Year Built
1975
Buildings
1
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Shane Carter · License #SA673156000
(602) 253-7900
Source:
Crexi
Added: Jul 14
Changed: Oct 25
Last Checked: Oct 24 at 5:01PM
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, Arizona
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$32,984
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$659,680
$659.7K
Cap Rate 7%
$471,200
$471.2K
Cap Rate 9%
$366,489
$366.5K
Market Conditions
NOI Build-Up for 2,727 SF
Gross rent
$50.4K $18.48/SF
− Vacancy
−$3.3K −$1.20/SF
EGI
$47.1K $17.28/SF
− OpEx
−$14.1K −$5.18/SF
NOI
$33.0K $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 Rate 5%
$659,680
Cap Rate 7%
$471,200
Cap Rate 9%
$366,489
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.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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 Avenue 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
