$1,750,000
Prescott, AZ 86301
MLS# 1008770
Status: Closed
10567 sqft
1 / 4
Property Description
Single tenant NN opportunity. Tenant has been at this location for approximately 10 years. Credit Tenant. Five year lease. Property is comprised of building and 3 parcels totalling .64 acres, NOB Zone. Located in flood plain. 8.57% cap at asking!
Details
Maps
Contract/Address/Legal
Original List Price: 1750000
Listing Date: 2018-01-05
Status: Closed
Listing Price: 1750000
List Price/SqFt: 166
Street #: 505
Street Name: Whipple
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Comm Type: Office
Zoning: iT
Zoning Description: Nbhood orient.bus
Business Type: 115-05-043C
Business Name: Offices for Decision Point
Tax Parcel: 115-05-043C
Assessor's Book #: 115
Assessor's Map #: 5
Assessor's Parcel #: 43
Assessor Parcel Ltr: C
REO/Short Sale: Not Applicable
Legal: AN IRREG M&B PTN OF SEC 28 THE SW COR LYING APPROX 200'N FROM THE
NW COR LOT 2 BLK 4 DAMERON TRACT SEC 28-14-2W
General Property Description
Aprx Acres: 0.64
Buildings: 1
Total Liveable SqFt: 10567
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 33
Year Built: 1999
Management: Owner
NOI $: 150000
Cap %: 8.57
Baths - Full: 1
Property Use: Investment Prop
Space Available: No
Tax Info
Taxes: 10700
Tax Year: 2016
Remarks & Misc
Directions: North on Montezuma/Whipple to Lincoln
Office/Member Info
Listing Exclusions: No
Compensation: 2.5
Compensation Type: %
Status Change Info
Under Contract Date: 2018-02-01
Sold Date: 2018-03-15
Sold Price: $1,750,000
Sold Price/SqFt: 166
Financing: Conventional
Property Features
Bathrooms: ADA; Interior; Separate M and W
Building Type: Office - Building
Business Location: Corner Location
Commercial Amenities: None
Construction: Architect Concept; Stucco
Cooling: Central Air
External Amenities: Drip System; Handicap Access; Landscaped; Paved Parking
Flooring: Carpet; Tile
Heating: Natural Gas; Natural Gas
Internal Amenities: Fire/Smoke Detector; Sprinklers
Parking: On-Site
Possession: Subject to Tenant
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Rolled/Hot Mop
Terms & Conditions: Conventional
Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial LLC
Last Updated: August - 10 - 2022
The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.
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