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1490 W State Rte 89A, Sedona, AZ 86336
$2,900,000
1490 W State Rte 89A, Sedona, AZ 86336View this property at 1490 W State Rte 89A, Sedona, AZ 86336
1490 W State Rte 89ASedonaAZ86336
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Property Description
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.
Full Property Details
Full Property Details for 1490 W State Rte 89A
General
- Sold For: $2,900,000
- Taxes: $19,617 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 533643
- Added to Site: 280 day(s) ago
Business
- Name: Real Estate Only
Interior
- Interior Features: Security, Other, Ceiling Fan(s)
- Appliances: Refrigerator, Dishwasher
- Flooring: Tile
Parking
- Parking Features: Other - See Remarks, 20+ Cars
Location
- Area: 42 - West Sedona
- County: Yavapai
- Subdivision: Commercial Only
Community
- Community Name: 42 - West Sedona
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Forced Gas
Structural Information
- Square Feet: 4,257
- Year Built: 2009
Lot Features
- Lot Size (Acres): 1.03
- Lot Size (Sq. Ft.): 44,866.8
- Lot Size: 1.03
- Lot Size Source: Assessor
- Zoning: Commercial
Financial Considerations
- Tax Amount: $19,617
- Tax Year: 2022
Disclosures and Reports
- Legal Description: IRREG PARCEL BY M&B LYING 133.36 FT N 344.70 FT SELY OF THE SW C ORNE R OF LOT 1 & BEING IN THE SWLY PTN OF LOT 2 CONT
- Property ID: 40825038f
Listed and Sold by McMahon & Miller Commercial Real Estate, LLC
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Schools
Schools serving 1490 W State Rte 89A
School District:Sedona-Oak Creek Jusd #9
Rating | Name | Grades | Distance |
---|---|---|---|
570 Posse Ground Rd, Sedona, AZ 86336 | K-8 | 0.6 mi | |
995 Upper Red Rock Loop Rd, Sedona, AZ 86336 | 7-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1490 W State Rte 89A
Date
Details
Price
Change
Source
2/29/2024
Sold
$2,900,000
-3.29%
MLS
7/24/2023
Listed
$2,998,800
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1490 W State Rte 89A, Sedona, AZ 86336 (MLS# 533643) is a Commercial property that was sold at $2,900,000 on February 29, 2024. Want to learn more about 1490 W State Rte 89A? Do you have questions about finding other Commercial real estate for sale in Sedona? You can browse all Sedona real estate or contact a Coldwell Banker agent to request more information.