$3,100,000
Prescott, AZ 86305
MLS# 1077159
Status: Closed
6 baths | 12846 sqft
1 / 32
Property Description
Beautiful Class A Industrial Building. This standout NNN investment opportunity has a long-term tenant in place and is a slam dunk for any investor! The property can be purchased separately or as part of a strong portfolio with a neighboring property. Key features include 24 stripped parking spaces, whole building backup generator, 480V - 3-phase power, fire sprinklered, exterior of the building was painted 1.5 years ago, the roof was replaced 2 years ago, all 8 HVAC units were replaced 2 years ago, two 10' tall X 8' wide roll up doors, 25' of clear height, 9 offices, 17 cubicles, a breakroom, and a distribution warehouse. The tenant has operated out of this location for over 20 years. Lease details can be released with a signed NDA. Going in NOI of $203,692.80 with solid 3% annual escalators.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 249
Neighborhood: N/A
Comm Type: Industrial
REO/Short Sale: Not Applicable
Zoning: IL
Zoning Description: Industrial Light
Assessor's Book #: 106
Assessor's Map #: 8
Assessor's Parcel #: 22
Legal: SANDRETTO HILLS PHASE 1 LOT 10
General Property Description
Aprx Acres: 0.55
Lot Size: 23958
Buildings: 1
Source of Measuremnt: Other
Stories: 2
Parking Spaces: 24
Management: Owner
Gross Vol/Yr $: 217817.29
Vac Rate %: 0
CAM $: 7883
GRM: 15.25
CC & R: Yes
CC & R Type: Subdivision
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
Volts: 480
Total Liveable SqFt: 12846
Year Built: 2004
NOI $: 203692.8
Cap %: 6.4
Baths - Full: 1
Total Bathrooms: 6
Tax Info
Taxes: 7883
Tax Year: 2024
Remarks & Misc
Directions: Willow Creek to Commerce Drive, West on Commerce to Tower Road, the property is on the southside of Tower Road.
Remarks: Beautiful Class A Industrial Building. This standout NNN investment opportunity has a long-term tenant in place and is a slam dunk for any investor! The property can be purchased separately or as part of a strong portfolio with a neighboring property. Key features include 24 stripped parking spaces, whole building backup generator, 480V - 3-phase power, fire sprinklered, exterior of the building was painted 1.5 years ago, the roof was replaced 2 years ago, all 8 HVAC units were replaced 2 years ago, two 10' tall X 8' wide roll up doors, 25' of clear height, 9 offices, 17 cubicles, a breakroom, and a distribution warehouse. The tenant has operated out of this location for over 20 years. Lease details can be released with a signed NDA. Going in NOI of $203,692.80 with solid 3% annual escalators.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 241
Financing: Cash
Under Contract Date: 2025-11-05
Sold Date: 2025-12-04
Sold Price: $3,100,000
Building Type
Indust - Bus Prk: 1
Indust - Dist Wrhse: 1
Indust - Flex Space: 1
Indust - Showroom: 1
Indust - Warehouse: 1
Indust-Manufacturing: 1
Office - Warehouse: 1
Construction
# of Bays: 2
Bay Door Height: 10'
Frame - Steel: 1
Cooling
Central Air: 1
External Amenities
Handicap Access: 1
Paved Parking: 1
Security Lights: 1
Flooring
Carpet: 1
Concrete: 1
Tile: 1
Heating
Natural Gas: 1
Possession
Subject to Tenant: 1
Records Available
As-Built: 1
Site Plan: 1
Road Responsibility
City: 1
Paved: 1
Roof
Metal: 1
Bathrooms
ADA: 1
Interior: 1
Separate M and W: 1
Shared: 1
Business Location
Freestanding Bldg: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Submit: 1
Commercial Amenities
Ceiling Ht. 16+: 1
Ceiling Ht. Under 12: 1
Overhead Door(s): 1
Roll-Up Door(s): 1
Truck/Loading Dock: 1
Utilities Installed
3 Phase: 1
Electricity: 1
Master Meter: 1
Natural Gas: 1
Security System: 1
Telephone: 1
Underground: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Fire/Smoke Detector: 1
Sprinklers: 1
Parking
On-Site: 1
ContractAddressLegal
Original List Price: 3200000
Listing Date: 2025-10-15
Status: Closed
Listing Price: 3200000
Street #: 3250
Street Name: Tower
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86305
Subdivision: Sandretto Hills
County: Yavapai
Tax Parcel: 106-08-022
Property Features
Bathrooms: ADA; Interior; Separate M and W; Shared
Building Type: Indust - Bus Prk; Indust - Dist Wrhse; Indust - Flex Space; Indust - Showroom; Indust - Warehouse; Indust-Manufacturing; Office - Warehouse
Business Location: Freestanding Bldg
Commercial Amenities: Roll-Up Door(s); Ceiling Ht. Under 12; Ceiling Ht. 16+; Overhead Door(s); Truck/Loading Dock
Construction: Frame - Steel
Cooling: Central Air
External Amenities: Handicap Access; Paved Parking; Security Lights
Flooring: Carpet; Concrete; Tile
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Fire/Smoke Detector; Sprinklers
Parking: On-Site
Possession: Subject to Tenant
Records Available: As-Built; Site Plan
Road Responsibility: Paved
Roof: Metal
Utilities Installed: 3 Phase; Electricity; Master Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial
Last Updated: December - 05 - 2025
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