FORMER BANK BUILDING WITH DRIVE-THRU

Transcription

1 FORMER BANK BUILDING WITH DRIVE-THRU COL H LISTED BY: ANDREW HARRISON O: C: UM PH RE andrew.harrison@orionprop.com YS ST R T EE NICK MINER, CCIM O: C: nick.miner@orionprop.com UM BUS AV E N UE

2 D I S C L A I M E R All materials and information received or derived from ORION Investment Real Estate its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party s intended use or any and all other matters. Neither ORION Investment Real Estate its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of significance to such party. ORION Investment Real Estate will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. ORION Investment Real Estate makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. ORION Investment Real Estate does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by ORION Investment Real Estate in compliance with all applicable fair housing and equal opportunity laws. ORION Investment Real Estate 7328 East Stetson Drive Scottsdale, AZ

3 EXECUTIVE SUMMARY HIGHLIGHTS Former Bank with Rare Drive-thru Adjacent to Flagstaff Medical Center, Flagstaff High School, Marshall Middle School, & Thorpe Park Situated on 4-way Lighted Intersection & Entrance to 85,000 SF Bashas Anchored Center Possible Medical Use being Located on Point of Entry for Arizona Snow Bowl SALE PRICE $850,000 PRICE/SF $325/SF BUILDING SIZE 2,617 SF PARCEL SIZE 0.32 Acres YEAR BUILT 1975 ZONING Highway Commercial PARKING SPACES 12 Existing CROSS STREETS Humphreys St & Columbus Ave INVESTMENT OVERVIEW 822 N Humprey Street is the opportunity to purchase the only freestanding drive-thru retail property for sale in Flagstaff, Arizona. The property was formerly a bank branch but could be used for medical with its close proximity to Flagstaff Medical Center. The site is located on a lighted 4-way intersection, as well as the entrance to Fort Valley Plaza an 85,000 square foot Bashas anchored shopping center. Flagstaff has a diverse economy that is supported by education, government, transportation, and largely supported by the 5 million visitors per year. The median age is 27.9 years old and $70,544 average household income within a five mile radius. 3

4 DRONE VIDEO 4

5 FLOOR PLAN 5

6 PROPERTY PHOTOS 3347 EASTHUMPHREYS BASELINE ROAD GILBERT, AZ NORTH STREET FLAGSTAFF, AZ Flagstaff High School

7 INTERIOR PHOTOS NORTH EAST HUMPHREYS BASELINE ROAD STREET GILBERT, FLAGSTAFF, AZ AZ

8 LOCATION MAPS

9 PARCEL MAP PARCEL #: B LAND SIZE: 0.32 ACRES HUMPHREYS STREET B COLUMBUS AVENUE 9

10 AERIAL MAP SUBJECT

11 AREA OVERVIEW Flagstaff is approximately two hours north of downtown Phoenix with an elevation of 7,000 feet. Located in the world s largest ponderosa pine forest, Flagstaff is a four-season hub of activity where an eclectic mix of small-town charm and endless outdoor adventures. Favorite activities include hiking, mountain biking, golf, camping, and rock climbing. During the winter months, Flagstaff s Arizona Snowbowl opens 55 trails for skiers and snowboarders to enjoy the 777-acre park. Arizona Snowbowl is also the highest point in Arizona with San Francisco peak at 12,000 feet. History buffs will delight in the Route 66 nostalgia and the museums and attractions dedicated to Flagstaff s Native American culture and old west legacy. The city is only 80 miles from the Grand Canyon and close to seven national parks and monuments. Flagstaff is also home to the Northern Arizona University Lumberjacks, with an attendance of approximately 23,000 students on the main 683-acre campus. 11 HIGHLIGHTS 7,000-foot Elevation Four Distinct Seasons Nestled in the World s Largest Ponderosa Pine Forest Close to Seven National Parks and Monuments Approximately 80 Miles from the Grand Canyon City of Flagstaff became the World s First International Dark Sky City in 2001

12 AREA OVERVIEW Grand Canyon The Grand Canyon is a steep-sided canyon carved by the Colorado River in Arizona. Unique combinations of geologic color and erosional forms decorate the canyon that is 277 river miles long, up to 18 miles wide, and attains a depth of over a mile. Grand Canyon overwhelms tourists senses through its immense size. Aside from casual sightseeing from the South Rim (averaging 7,000 above sea level), rafting, hiking, running, and helicopter tours are popular. The Grand Canyon Ultra Marathon is a 78- mile race over 24 hours. The floor of the valley is accessible by foot, muleback, or by boat or raft from upriver. Historic Route 66 U.S. Route 66, also knows as the Will Rogers Highway or Mother Road, was one of the original highways in the U.S. Highway System. Route 66 is iconic -- a symbol of a changing America. Known as America s Highway during its heyday, Route 66 was driven by millions of drivers between Illinois and California. Route 66 is one of the essential icons of America, both for Americans and for people abroad. It represents a multitude of ideas: freedom, migration West, and the loneliness of the American heartland. Williams, Arizona Williams is known as the gateway to the Grand Canyon. More than a century after its creation, the Grand Canyon Railway is delivering passengers to the Grand Canyon s South Rim on a ride that blends adventure, history and culture. Every winter the Grand Canyon Railway s Polar Express comes to life on a journey from the nighttime wilderness of Williams, Arizona. Arizona Snowbowl Arizona Snowbowl is one of Arizona s two ski resorts and is located seven miles northwest of Flagstaff on the iconic San Francisco Peaks. The ski lifts run up Mt. Humphreys, with a summit elevation of 11,500 feet. The average snowfall in the past is 260 inches, but Snowbowl has been given permission to make snow in hopes of providing a more consistent and enjoyable snow season. The Snowbowl ski area covers approximately one percent of the San Francisco Peaks. Arizona Snowbowl offers a total of 55 trails. 48 trails are serviced by eight lifts for skiers and snowboarders of all ability levels (including Arizona s first and only high-speed 6-person lift). WINTER TRAIL MAP

13 DEMOGRAPHICS DEMOGRAPHIC HIGHLIGHTS DAYTIME POPULATION 119,708 *5 Mile Radius AVERAGE HOUSEHOLD INCOME $70,544 *5 Mile Radius MEDIAN AGE 27.9 *5 Mile Radius 2018 SUMMARY (ESRI) ONE MILE THREE MILE FIVE MILE DAYTIME POPULATION 21,205 92, ,708 POPULATION 8,956 54,895 75,422 AVG HOUSEHOLD SIZE AVG HOUSEHOLD INCOME $71,076 $64,342 $70,544 MEDIAN AGE

14 LISTED BY: ANDREW HARRISON O: C: NICK MINER, CCIM O: C: