Description
Excellent Investment Opportunity for a HIGH EXPOSURE Commercial/Retail Location on Highway 69 in Prescott Valley, Arizona (Being one of the fastest growing cities in the State of Arizona) Featuring a Modern (2003) 14,345 square foot steel building with Excellent Rental History with (2) Existing/Long Term Tenants occupying 100% of the Building with 3-5 year current leases. Has 40+ Parking Spaces, 18' High Ceilings, 12' Overhead Doors, Fire Suppression, 5 New HVAC Systems, Multiple His/Her Restrooms, and has fenced cargo area. Arizona Dept of Transportation reports approximately 55,000 vehicles per day traveling past the subject property located here in the Prescott Area known as one of the top areas in the United States to Retire due to the Mild Climate, Incredible Outdoor CONTINUE...Activities, Low Crime Rates, Excellent School Systems, Superior Medical Facilities, and Direct Flights to and from Denver International and Los Angeles International Airports !!!! Priced at roughly $132/Sq Ft, this impressive structure/location is priced well below the acquisition cost of like Commercial Land plus the current cost of New Construction of a Steel building of this magnitude with a CAP Rate North of 8%. Please call for a Guided Tour and for additional details.....Do NOT Disturb Tenants.....
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0BEDS
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0.98ACRES
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0BATHS
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01/2 BATHS
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14,600SQFT
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$130$/SQFT
School Ratings & Info
Description
Excellent Investment Opportunity for a HIGH EXPOSURE Commercial/Retail Location on Highway 69 in Prescott Valley, Arizona (Being one of the fastest growing cities in the State of Arizona) Featuring a Modern (2003) 14,345 square foot steel building with Excellent Rental History with (2) Existing/Long Term Tenants occupying 100% of the Building with 3-5 year current leases. Has 40+ Parking Spaces, 18' High Ceilings, 12' Overhead Doors, Fire Suppression, 5 New HVAC Systems, Multiple His/Her Restrooms, and has fenced cargo area. Arizona Dept of Transportation reports approximately 55,000 vehicles per day traveling past the subject property located here in the Prescott Area known as one of the top areas in the United States to Retire due to the Mild Climate, Incredible Outdoor CONTINUE...Activities, Low Crime Rates, Excellent School Systems, Superior Medical Facilities, and Direct Flights to and from Denver International and Los Angeles International Airports !!!! Priced at roughly $132/Sq Ft, this impressive structure/location is priced well below the acquisition cost of like Commercial Land plus the current cost of New Construction of a Steel building of this magnitude with a CAP Rate North of 8%. Please call for a Guided Tour and for additional details.....Do NOT Disturb Tenants.....
© 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-05-27T07:11:03.72.