Signature Office Building Opportunity
Office | 6.14% CAP | 4,052 SqFt
Marketing description
Positioned just north of downtown Flagstaff, this distinctive, iconic office building represents a rare opportunity in one of Northern Arizona's most supply-constrained submarkets. The building offers a highly desirable combination of stabilized income and future flexibility, making it well-suited for investors, owner-users, or hybrid occupancy strategies. The front portion of the building is fully leased, providing immediate cash flow and long-term stability. The rear section presents a unique opportunity for an owner to occupy or lease additional space, allowing for operational growth, value enhancement, or phased investment deployment. Designed as a true signature office building, the property stands out for its professional presence, visibility, and proximity to downtown amenities, major employment centers, and regional transportation corridors. Opportunities of this caliber—offering both secured tenancy and vacant or near-vacant space within the same asset—are few and far between in the Flagstaff market.
This is an exceptional opportunity to acquire a high-quality office property with built-in flexibility in a proven and highly desirable location.
Investment highlights
- Rare signature office asset located just north of downtown Flagstaff
- One of the few available office properties offering both stabilized income and near-term upside
- Fully leased front section providing immediate and predictable cash flow
- Rear section available for lease-up or owner occupancy, creating clear value-add potential
- Flexible investment profile ideal for investors, owner-users, or hybrid strategies
- Supply-constrained Flagstaff market with limited competing product
- Strong professional presence and visibility enhancing long-term tenant demand
- Proximity to downtown amenities, major employment centers, and regional transportation routes
- Opportunity to acquire a high-quality office building with built-in downside protection and growth optionality
- Two self-contained suites, offering the ability to lease in full, or occupy and offset
- Vaulted ceilings and east facing passive solar
- Flexible office uses with onsite and street parking
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