$1,200,000
Cottonwood, AZ 86326
MLS# 1062676
2 baths | 5544 sqft
1 / 6
Property Description
Free Standing, Single Tenant, Absolute Net lease, 5 % annual increases. Tenant pays all expenses including property tax and property insurance, roof, HVAC, etc...Continuously operating as a Mexican Restaurant since 1977. Tenant (Puerto Azul) is strong with years of experience, and ready and motivated to do well at this new location. Main dining in upper level, banquets and events in lower level. Major growth area of national retailers, across the street from two major shopping centers. Additional parcel included 406-06-020C
Details
Maps
Documents
Contract/Address/Legal
Original List Price: 1200000
Listing Date: 2024-03-12
Status: Active
Listing Price: 1200000
List Price/SqFt: 216
Street #: 1330
Direction: E
Street Name: State Route 89A
City/Township: Cottonwood
State: AZ
Zip Code: 86326
Neighborhood: N/A
County: Yavapai
Comm Type: Other
Zoning: C-2 Commercial
Tax Parcel: 406-06-022B
Assessor's Book #: 406
Assessor's Map #: 6
Assessor's Parcel #: 22
Assessor Parcel Ltr: B
REO/Short Sale: Not Applicable
Legal: IRREG PCL BY M&B LYING 50' N & 693' W OF THE SE SE CORNEROF & IN THE SE4 NE4 CONT 0.40AC SEC 3 15 3E
General Property Description
Lot Size: 27878.40
Aprx Acres: 0.64
Buildings: 1
Total Liveable SqFt: 5544
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 55
Year Built: 1977
NOI $: 86874.48
Cap %: 7.24
Baths - Full: 2
GRM: N/A
Traffic Count Per Day: 30000
Total Bathrooms: 2
Tax Info
Taxes: 5798
Tax Year: 2023
Remarks & Misc
Directions: From the crossroad of 89A and Main Street, head west on 89A. Puerto Azul is directly across the street from Harbor Freight and next to the newly constructed Human Bean Coffee drive through.
Office/Member Info
Compensation: 3
Compensation Type: %
Property Features
Bathrooms: ADA; Separate M and W
Building Type: 2-4 Units; Food Service; Retail - Free Stand
Business Location: Freestanding Bldg
Commercial Amenities: Ceiling Ht. Under 12
Construction: Block/Brick; Stucco
Cooling: Central Air
External Amenities: Fence; Paved Parking; Security Lights
Flooring: Laminate; Tile
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Kitchen
Parking: On-Site
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Rolled/Hot Mop
Pets/Animals: None
Terms & Conditions: Other - See Remarks
Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer
Flyer 
Listing Office: HUB Commercial
Last Updated: March - 13 - 2024
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