$925,000
Prescott Valley, AZ 86314
MLS# 961184
Status: Closed
3 baths | 5400 sqft
1 / 6
Property Description
Absolute NNN Investment Property with single tenant medical marijuana dispensary and infusion facility. 5400 sf w/2 suites. East Suite is dispensary with waiting area, large retail area, M/W HC restrooms, office and storage area. West unit is built out as the state and county approved commercial kitchen/infusion facility. 16' high ceilings, 2 entrances in front. Fully leased with 28 months remaining on lease term as of 8-1-17. This building is the only identified allowable location for a MMJ dispensary in the Prescott Valley area. Tenant has been in place since 2012 when license was first issued.
Details
Documents
Contract/Address/Legal
List Price/SqFt: 185
Comm Type: Special Purpose
REO/Short Sale: Not Applicable
Zoning: C1-3
Business Name: Yavapai Herbal Services
Zoning Description: Light Commercial
Business Type: Retail
Assessor's Book #: 103
Assessor's Map #: 7
Assessor's Parcel #: 211
Assessor Parcel Ltr: A
Legal: Prescott East Unit 1 Lots 35 & 36 Sec 22-14-1w
General Property Description
Aprx Acres: 0.32
Lot Size: 116 x 120
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 1
Floor: 1
Parking Spaces: 20
Management: Owner
Gross Vol/Yr $: 103209
Vac Rate %: 0
CAM $: 2.55
GRM: 0
CC & R: No
CC & R Type: None
Traffic Count Per Day: 0
Property Use: Investment Prop
Construction Status: Existing
Max Contgs/Bldg Sz: 5400
Space Available: No
Date Available: 2012-03-12
Suite #: 2
Amps: 200
Total Liveable SqFt: 5400
Year Built: 1997
NOI $: 103209
Cap %: 9.35
Baths - Full: 2
Total Bathrooms: 3
Tax Info
Taxes: 7248
Tax Year: 2016
Remarks & Misc
Directions: Prescott Valley-- Hwy 69 west to Prescott East Hwy, north on Prescott East Hwy to Copper Hill, E on Copper Hill to property on south side.
Remarks: Absolute NNN Investment Property with single tenant medical marijuana dispensary and infusion facility. 5400 sf w/2 suites. East Suite is dispensary with waiting area, large retail area, M/W HC restrooms, office and storage area. West unit is built out as the state and county approved commercial kitchen/infusion facility. 16' high ceilings, 2 entrances in front. Fully leased with 28 months remaining on lease term as of 8-1-17. This building is the only identified allowable location for a MMJ dispensary in the Prescott Valley area. Tenant has been in place since 2012 when license was first issued.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 171
Financing: Owner Will Carry
Under Contract Date: 2017-09-25
Sold Date: 2018-01-05
Sold Price: $925,000
Building Type
2-4 Units: 1
Indust - Showroom: 1
Office - Warehouse: 1
Retail - Free Stand: 1
Other - See Remarks: 1
Construction
Block/Brick: 1
Cooling
Central Air: 1
Evaporative Cooling: 1
Gas Pack: 1
External Amenities
Handicap Access: 1
Paved Parking: 1
Security Lights: 1
Flooring
Concrete: 1
Vinyl: 1
Heating
Natural Gas: 1
Possession
At Recordation: 1
Records Available
Survey: 1
Road Responsibility
County: 1
County Maintained Road: 1
Paved: 1
Roof
Welded Membrane: 1
Bathrooms
ADA: 1
Interior: 1
Separate M and W: 1
Business Location
Freestanding Bldg: 1
Other - See Remarks: 1
Terms & Conditions
Submit: 1
Commercial Amenities
Ceiling Ht. 16+: 1
Utilities Installed
220: 1
Electricity: 1
Individual Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - Septic: 1
Internal Amenities
Bathroom: 1
Fire/Smoke Detector: 1
Kitchen: 1
Security/Alarm: 1
Other - See Remarks: 1
Parking
On-Site: 1
ContractAddressLegal
Original List Price: 749000
Listing Date: 2012-03-12
Status: Closed
Listing Price: 999900
Street #: 6287
Direction: E
Street Name: Copper Hill
St Suffix: Drive
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
County: Yavapai
Tax Parcel: 103-07-211A
Property Features
Bathrooms: ADA; Interior; Separate M and W
Building Type: 2-4 Units; Indust - Showroom; Office - Warehouse; Retail - Free Stand; Other - See Remarks
Business Location: Freestanding Bldg; Other - See Remarks
Commercial Amenities: Ceiling Ht. 16+
Construction: Block/Brick
Cooling: Central Air; Evaporative Cooling; Gas Pack
External Amenities: Handicap Access; Paved Parking; Security Lights
Flooring: Concrete; Vinyl
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Fire/Smoke Detector; Kitchen; Security/Alarm; Other - See Remarks
Parking: On-Site
Possession: At Recordation
Records Available: Survey
Road Responsibility: County; County Maintained Road; Paved
Roof: Welded Membrane
Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - Septic
Brochure 
Listing Office: Sumner Commercial Real Estate
Last Updated: September - 14 - 2020
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