$2,675,000
Prescott, AZ 86301
MLS# 1042533
Status: Closed
7 baths | 5475 sqft
1 / 18
Property Description
100% Occupied. One of the Best retail locations in the Prescott area. This is a very busy trophy property that has continued to do well year after year since it was built. This property is in a center that is anchored by Fry's Grocery Store and fueling station. There is also a Wells Fargo Bank, A Jack-in-the Box, a Taco Bell, Subway, Colt Cleaners Alfonso's, Great Clip's, Pizza and several other businesses in this center. There were very few vacancies during the economic slow down a few years ago. Center very nice, built in 2005. Please, do not disturb Tenants.
Details
Maps
Contract/Address/Legal
Original List Price: 2830000
Listing Date: 2021-10-04
Status: Closed
Listing Price: 2830000
List Price/SqFt: 517
Street #: 3180
Street Name: Willow Creek
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Willow Crossroads Unit 2
County: Yavapai
Comm Type: Shopping Center
Zoning: BG
Zoning Description: Business General
Tax Parcel: 106-08-092V
Assessor's Book #: 106
Assessor's Map #: 8
Assessor's Parcel #: 92
Assessor Parcel Ltr: V
REO/Short Sale: Not Applicable
Legal: LOT 1 WILLOW CROSSROADS UNIT 2 BOOK 55 PAGE 1
General Property Description
Lot Size: 30286
Aprx Acres: 0.69
Buildings: 1
Total Liveable SqFt: 5475
Source of Measuremnt: Builder Plans
Stories: 1
Parking Spaces: 35
Year Built: 2005
Management: Owner
Vac Rate %: 3
Gross Vol/Yr $: 192172.44
NOI $: 156986.04
Cap %: 5.5
CAM $: 6.48
Baths - Full: 6
GRM: 16,014.37
Traffic Count Per Day: 30
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
Total Bathrooms: 7
Suite #: A1-A7
CC & R: No
Tax Info
Taxes: 9503
Tax Year: 2020
Remarks & Misc
Directions: North on Willow Creek Road to Willow Crossroads Shopping Center at SW corner of Willow Creek and Sandretto Hills
Office/Member Info
Listing Exclusions: No
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2021-10-09
Sold Date: 2021-12-08
Sold Price: $2,675,000
Sold Price/SqFt: 489
Financing: Cash
Heating
Natural Gas: 1
Property Features
Bathrooms: ADA; Interior
Building Type: 5+ Units; Retail - Free Stand; Retail - Shopping Center
Business Location: Commercial Strip; Freestanding Bldg; Traffic Signal
Commercial Amenities: Grade Level
Construction: Block/Brick; Frame - Steel; Frame - Wood; Stucco
Cooling: Central Air; Gas Pack
External Amenities: Drip System; Landscaped; Paved Parking; Security Lights
Flooring: Carpet; Concrete; Laminate; Tile
Internal Amenities: Bathroom; Fire/Smoke Detector; Sprinklers
Parking: On-Site
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Welded Membrane
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Realty ONE Group Mt Desert
Last Updated: December - 09 - 2021
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