Viking Properties VII LLC Purchases Retail Property In Flagstaff For $8.4 Million With CBRE
1010 North Country Club Drive
$8,400,000
Building Size
—
Asset Type
Retail
Closing
Dec 9, 2025
AI
The 7-Eleven-anchored retail property located at 1010 North Country Club Drive in Flagstaff, AZ, was sold for $8,400,000. The asset features 12 fueling stations, a car wash, and a convenience store, which are leased under a 12-year absolute triple-net agreement.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $8,400,000
- Sale Date: 12/09/2025
- Address: 1010 North Country Club Drive
- Market: Flagstaff, AZ
- Brokers: Benjamin (Ben) Farthing & Owen Littrell - CBRE
Viking Properties VII LLC acquired the property with the transaction being facilitated by the brokerage firm CBRE. The involvement of the brokers ensured a successful transfer of ownership for the retail asset.
Players
Flagstaff Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93