$1,260,000

Classic office space in Historic Downtown Flagstaff near the courts, City Hall, Flagstaff Medical Center, local restaurants, and retail establishments. This recently remodeled 3,820 square foot two-story building is prime for professionals in the heart of the City of Flagstaff. The space is made up of private offices, two bathrooms on first floor and one bathroom on second floor, 2 break areas, conference room, and lobby. Space can easily be used in combination or separated for two different users. Cap Rate and NOI are projected using market monthly rent of $1.88/SF NNN. Current tenant, Ardurra, occupies the space at below market rent. Ardurra's lease expires 12/31/2024 but may consider vacating sooner. Classic office space in Historic Downtown Flagstaff near the courts, City Hall, Flagstaff Medical Center, local restaurants, and retail establishments. This recently remodeled 3,820 square foot two-story building is prime for professionals in the heart of the City of Flagstaff. The space is made up of private offices, two bathrooms on first floor and one bathroom on second floor, 2 break areas, conference room, and lobby. Space can easily be used in combination or separated for two different users. Cap Rate and NOI are projected using market monthly rent of $1.88/SF NNN. Current tenant, Ardurra, occupies the space at below market rent. Ardurra's lease expires 12/31/2024 but may consider vacating sooner.