Former Montessori School of Flagstaff | 575 W University Ave
Freestanding Retail | Potential Redevelopment Opportunity | 4,500 SqFt
Marketing description
Cushman & Wakefield is pleased to present the opportunity to acquire a freestanding retail property located at 575 W University Avenue in Flagstaff, Arizona. Situated on a highly visible ±0.76-acre parcel adjacent to Northern Arizona University, this ±4,500 SF building offers investors, developers, and owner-users a rare opportunity to acquire well-positioned real estate in one of Flagstaff’s most sought-after commercial corridors. The property also presents a compelling redevelopment opportunity given its strategic location and surrounding growth drivers.
Located directly adjacent to Northern Arizona University, which serves more than 28,000 students as well as thousands of faculty and staff, the property benefits from a substantial built-in consumer base and strong year-round activity. The site is less than one mile from Downtown Flagstaff and is surrounded by a dense concentration of national retailers and restaurants including Target, Sprouts Farmers Market, Raising Cane’s, Burlington, Michaels, Chase Bank, Wendy’s, and Burger King.
The property enjoys exceptional accessibility with nearby access to both Interstate 40 (±50,431 VPD) and Interstate 17 (±43,249 VPD), while Milton Road immediately adjacent to the site carries traffic counts exceeding 30,000 vehicles per day. The surrounding trade area features strong demographics, including average household incomes exceeding $110,000 within a five-mile radius, and is supported by a large concentration of apartment communities, student housing developments, and residential neighborhoods.
This offering represents an opportunity to acquire a strategically located retail asset in the heart of Flagstaff’s primary retail and university district, supported by exceptional visibility, strong traffic patterns, and long-term redevelopment potential in a supply-constrained market.
Investment highlights
• Potential redevelopment opportunity
• Prime location adjacent to Northern Arizona University, serving more than 28,000 students and thousands of faculty and staff
• Less than 1 mile from Downtown Flagstaff, offering a vibrant mix of restaurants, breweries, retail, entertainment, and year-round community events
• Surrounded by national retailers and restaurants including Target, Sprouts Farmers Market, Burger King, Wendy’s, Burlington, Michaels, Chase Bank, Raising Cane’s and more
• Convenient access to Interstate 40 (±50,431 VPD) and Interstate 17 (±43,249 VPD)
• Strong average household incomes over $110,000 in a 5-mile radius
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