HOLBROOK PLAZA SHOPPING CENTER

1501 Navajo Blvd, Holbrook, AZ 86025

  • For Sale $2,000,000
  • Property Type Retail - Strip
  • Property Size 81,543 SF
  • Units 7
  • Lot Size 7.39 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1979
  • Date Updated Sep 19, 2023
Located Along Historic Route 66 North of I-40 1.9 Miles / 5 Minutes South of Holbrook Municipal Airport 12.5 Miles / 15 Minutes East of Cholla Power Plant 44.5 Miles / 43 Minutes to the Painted Desert 30 Miles / 45 Minutes to Petrified Forest 91 Miles / 1.5 Hours to Flagstaff 48.5 Miles / 52 Minutes to Show Low 185 Miles / 3 Hours to Phoenix 350 Miles / 5 Hours to Las Vegas 555 Miles / 8.5 Hours to Los Angeles 700 Miles / 10 Hours to DenverLocated North of Highway I-40 along Historic Route 66 lies this ±81,843 SF shopping center on 7.39 Acres. Businesses include three strong national tenants along with a two local businesses. Pre-Approved Deal Structure •Price: $2,000,000 •Down Payment: $200,000 (10%) •Seller Financing: $1,800,000 for 5 years from COE, all interest-only; 5% years 1 & 2, 6% years 3 & 4; 7% year 5 •Additional Terms: Buyer to escrow $800,000 at Closing to be spent within 12 months; any funds remaining end of one year to be applied to loan balance.Suite 1515 For Lease $6/SF (+) NNN \ Y1 - Length of Lease Term and Rate Negotiable NNN - Tenant pays a share of CAM charges Cannabis related services need not apply

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Attachments

Highlights

  • Below Market Rents
  • ±37% Vacancy = Lots of Upside
  • National Credit Tenants with Current Leases in Place (Tractor Supply, O'Reilly's Auto Parts, & Aaron's Rent to Own)
  • Near Holbrook Municipal Airport, McDonalds, Dollar General, Carl's Jr, and Several Hotel Establishments
  • Visibility from Interstate 40
  • Holbrook is the County Seat of Navajo County. County Fair is held yearly in Holbrook.

Contacts

broker

Neil Sherman, CCIM

Insignia CRE - AZ

(602) 566-7210

Location

Getting Around

  • Walk Score ®

    25/100 Car-Dependent
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Holbrook, AZ
  • Neighborhood Holbrook
  • Zip Code 86025

Points of Interest

  • Maverik

    0.26 miles

  • 76

    0.31 miles

  • Circle K

    0.57 miles

  • Tesla Supercharger

    0.58 miles

  • Fuel Express

    0.67 miles

  • Chevron

    0.76 miles

  • Speedy's

    0.83 miles

  • Hatch's Quick Stop

    1.08 miles

  • Hatch's

    1.08 miles

  • Speedway

    1.29 miles

  • McDonald's

    0.19 miles

  • Carl's Jr.

    0.20 miles

  • Alibertos Mexican Food

    0.25 miles

  • Pizza Hut Express

    0.27 miles

  • Taco Bell

    0.28 miles

  • Tom and Suzie's Diner

    0.35 miles

  • Burger King

    0.60 miles

  • Hilltop Cafe

    0.61 miles

  • Dairy Queen

    0.64 miles

  • Camaleon Restaurant

    0.66 miles

  • Safeway

    1.32 miles

Frequently Asked Questions

What is the total square footage of HOLBROOK PLAZA SHOPPING CENTER?

HOLBROOK PLAZA SHOPPING CENTER totals 81,543 square feet.

When was this property built?

HOLBROOK PLAZA SHOPPING CENTER was built in 1979.

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Contact Listing Broker

broker

Neil Sherman, CCIM

Insignia CRE - AZ

(602) 566-7210