1490 W State Rte 89a, Sedona, AZ 86336
sale
$2,998,800
|
Commercial
Courtesy Of McMahon & Miller Commercial Real Estate, LLC
SEE OFFERING MEMORANDUM FOR DETAILS.Sale leaseback from COE.Low maintenance income producing property in heart of Sedona.10 year NNN w/annual base rent increases. 6.0% CAP rate. Experienced operator w/7 Jay Bird's locations.Occupied by Jay Bird's Nashville Hot Chicken (only fried chicken concept in Sedona).3 other owned and operated restaurants in Sedona alone (see OM for details)30 total restaurants and counting throughout West/Southwest.High barrier to entry market.Frontage property w/monument sign.One of the few drive-thru establishments in town.Pride of ownership.Perfect candidate for 1031 exchange. *Real estate only - business NOT for sale.
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Property Features
- Age: 11-20 Years Old
- Amenities: Ceiling Fan
- Amenities: Disabled Access
- Amenities: Sprinkler System
- Amenities: Deck
- Amenities: Patio
- Amenities: Security System
- Appliance: Dishwasher
- Appliance: Refrigerator
- Architecture Style: Other
- Cooling System: Ceiling Fan(s)
- Exterior Type: Stucco
- Exterior Type: Wood
- Exterior Type: Block
- Floor Covering: Tile
- MLSID: 533643
- Roof Type: Unknown
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