4751 Marketplace Dr Flagstaff, AZ 86004-2934
- Parking lots & garages
- 72,860 SF
- 41.11 lot acres
Current Use by Public Records
- Harkins Theatres Flagstaff 16 / Movie Theater
Property Details for 4751 Marketplace Dr
- Year built
- 2015
- Lot size
- 41.11 lot acres
- Property size
- 72,860 SF
- Property type
- Parking lots & garages
- APN
- 113-82-014
- APU
- 11382014
Description
This exceptional retail opportunity in Flagstaff, Arizona, presents 35,000 square feet of vacant space within a two-story building situated at 4751 E Marketplace Dr, 86004. The property is ideally located in Coconino County, offering excellent visibility and high traffic counts due to its proximity to a newly developed Harkins 16-screen theater. Multiple tenancy options are available, with spaces ranging from a minimum of 5,000 contiguous square feet to a maximum of 12,000 contiguous square feet. The property is suitable for a variety of retail uses and presents a unique chance for businesses seeking a prominent location on the east side of Flagstaff. Ground leases and build-to-suit options are available, providing flexibility for potential tenants to tailor the space to their specific needs. The site's strategic placement offers significant potential for a two-store market, capitalizing on the high volume of foot traffic generated by the adjacent entertainment complex and the overall vibrancy of the area. This is a rare opportunity to establish a strong retail presence in a thriving Flagstaff market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,035,000
- 6.5%
- $1,040,000
- 7%
- $990,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,095,000
- Geo Method
- $1,200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,025,000
- Retail
- $1,045,000
- Mixed-Use
- $1,080,000
- Hospitality
- $855,000
- Educational
- $930,000
- Residential Income
- $910,000
- Energy
- $910,000
- Income-Based Land
- $1,010,000
- Food Service
- $925,000
Location Insight
- Map
- Local Demand
- City
- Flagstaff
- County
- Coconino
- State
- Arizona
- Longitude
- -111.574
- Latitude
- 35.2229
- CBSA code
- 22380
- CBSA name
- FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA
