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Cedic Plaza 285 Jordan Rd 3,229 SF 100% Leased Retail Building Sedona, AZ 86336 $9,616,110 CAD ($2,978.05 CAD/SF) 5.54% Cap Rate
Investment Highlights
- Exceptionally High Foot Traffic: Averaging around 8,200 visitors per day with peak days of 20,000-40,000 visitors
- Newest Retail Construction on the Strip: Built in 2014
- Seasoned Tenants: Each tenant operates multiple locations
- Tourism Center: Average overnight visitor spends $714 per day. Sedona generates over $1 billion annually in tourism-related economic activity
- Exceptional Barriers to Entry: Severe land constraints and extremely challenging entitlement and permitting process
- 100% Occupied: All 3 tenants are under NNN leases
Executive Summary
Newest Retail Construction on the Strip: Built in 2014
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,229 SF
Building Class
B
Year Built
2014
Price
$9,616,110 CAD
Price Per SF
$2,978.05 CAD
Cap Rate
5.54%
NOI
$532,403 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.31 AC
Zoning
C-2 - Commercial
Parking
10 Spaces (3.1 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 401-16-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $316,513 CAD |
Property Taxes
Parcel Number
401-16-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$316,513 CAD
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Cedic Plaza | 285 Jordan Rd
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