$2,998,800
1490 W State Rte 89aSedona, AZ 86336
MLS# 533643
1 / 10
Property DescriptionSEE 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.
Details
Location, Tax & Legal
House Number: 1490
Compass: W
Street Name: State Rte 89a
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86336
Zip4: 5736
County Code: Yavapai
Subdivision: Commercial Only
Assessor Number: 40825038f
Tax Year: 2022
General Property Description
Ttl Apx SqFt Bldg: 4257
# of Buildings: 1
# of Interior Levels: 1
Year Built: 2009
Zoning: Commercial
Remarks & Misc
Directions: West Sedona near Whole Foods
Geo Lat: 34.863633
Geo Lon: -111.786543
Contract Info
Current Price: $2,900,000
List Price: $2,998,800
Status: Closed
List Date: 2023-07-24
Status Change Info
Off Market Date: 2024-02-29
Under Contract Date: 2024-02-28
Close of Escrow Date: 2024-02-29
Sold Price: $2,900,000
Legal Info
Lot Number: 1
Property Features
Business Type: Retail
Construction: Block; Stucco; Wood Frame
Roofing: See Remarks
Floors: Tile
Heating: Natural Gas
Cooling: Central Air; Ceiling Fan(s)
Interior Features: Fire Sprinklers; Smoke Detector(s); Security System; Phone Available; Other (See Remarks)
Exterior: Sprinkler System-Ground; Landscaping
Building Features: Patio/Deck; Accessible Entrance
Appliances Included: Dishwasher; Refrigerator
Road Access Type: City Street
Road Responsibility: City Maintained Road
Electric: Master Meter; Individual Meter
Gas: Natural Gas; Master Meter; Individual Meter
Water Source: City Franchise; Master Meter; Individual Meter
Sewer: Sewer - Public; No Sewer/Septic
New Financing: Cash Only; Cash to Loan; 1031 Exchange; Other (See Remarks)
Road Surface Type: Paved
Listing Office: McMahon & Miller Commercial
Last Updated: October - 20 - 2025
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