$2,150,000
Prescott Valley, AZ 86314
MLS# 1076024
Status: Closed
16456 sqft
1 / 33
Property Description
Fully leased NNN investment property in the heart of Prescott Valley. This multi-tenant asset has demonstrated solid year-over-year performance, with two long-term tenants that have leased the premises for many years. Current leases show remaining terms of one year and five years, providing both immediate income and mid-term stability. The property is well-maintained and conveniently located just off State Route 69, offering excellent visibility and easy access for tenants and customers alike. A proven, low-maintenance addition to a diversified investment portfolio. With the largest tenant having 5 remaining years on the lease term, this 7.54% cap rate investment is sure to satisfy the criteria of even the pickiest of investors.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 149
Neighborhood: N/A
Comm Type: Industrial
REO/Short Sale: Not Applicable
Zoning: IG
Zoning Description: Industrial
Business Type: Arizona Dreams Gym
Assessor's Book #: 103
Assessor's Map #: 5
Assessor's Parcel #: 206
Legal: TOWN AND COUNTRY INDUSTRIAL PARK LOT 35
General Property Description
Aprx Acres: 0.86
Lot Size: 37,462
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 25
Management: Owner
Gross Vol/Yr $: 212903.64
Vac Rate %: 0
CAM $: 28199
GRM: 10.08
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
Total Liveable SqFt: 16456
Year Built: 1996
NOI $: 184704.64
Cap %: 7.54
Baths - Full: 2
Tax Info
Taxes: 13658
Tax Year: 2025
Remarks & Misc
Directions: Traveling East on State Route 69, turn right (South) on Glassford Hill Rd. Take a left on E 2nd Street. Property is on the Southeast corner of N 3rd St and E 2nd St.
Remarks: Fully leased NNN investment property in the heart of Prescott Valley. This multi-tenant asset has demonstrated solid year-over-year performance, with two long-term tenants that have leased the premises for many years. Current leases show remaining terms of one year and five years, providing both immediate income and mid-term stability. The property is well-maintained and conveniently located just off State Route 69, offering excellent visibility and easy access for tenants and customers alike. A proven, low-maintenance addition to a diversified investment portfolio. With the largest tenant having 5 remaining years on the lease term, this 7.54% cap rate investment is sure to satisfy the criteria of even the pickiest of investors.
Status Change Info
Sold Price/SqFt: 131
Financing: Cash
Under Contract Date: 2025-11-21
Sold Date: 2025-12-22
Sold Price: $2,150,000
Building Type
2-4 Units: 1
Indust - Dist Wrhse: 1
Indust - Flex Space: 1
Indust - Showroom: 1
Indust - Warehouse: 1
Indust-Manufacturing: 1
Construction
# of Bays: 2
Block/Brick: 1
Frame - Steel: 1
Cooling
Central Air: 1
Evaporative Cooling: 1
Room A/C: 1
Warehouse Evap: 1
External Amenities
Landscaped: 1
Paved Parking: 1
Flooring
Carpet: 1
Concrete: 1
Tile: 1
Heating
Natural Gas: Natural Gas, Natural Gas
Zoned: 1
Natural Gas: 1
Possession
Subject to Tenant: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City Maintained Road: 1
Paved: 1
Roof
Metal: 1
Bathrooms
Interior: 1
Shared: 1
Unisex: 1
Business Location
Corner Location: 1
Freestanding Bldg: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Submit: 1
Commercial Amenities
Ceiling Ht. 16+: 1
Overhead Door(s): 1
Roll-Up Door(s): 1
Truck/Loading Dock: 1
Utilities Installed
220: 1
Electricity: 1
Individual Meter: 1
Master Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Fire/Smoke Detector: 1
Sprinklers: 1
Parking
On-Site: 1
Pets/Animals
None: 1
ContractAddressLegal
Original List Price: 2650000
Listing Date: 2025-08-28
Status: Closed
Listing Price: 2450000
Street #: 7175
Direction: E
Street Name: 2nd
St Suffix: Street
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
Subdivision: None
County: Yavapai
Tax Parcel: 103-05-206
Property Features
Bathrooms: Interior; Shared; Unisex
Building Type: 2-4 Units; Indust - Dist Wrhse; Indust - Flex Space; Indust - Showroom; Indust - Warehouse; Indust-Manufacturing
Business Location: Corner Location; Freestanding Bldg
Commercial Amenities: Roll-Up Door(s); Ceiling Ht. 16+; Overhead Door(s); Truck/Loading Dock
Construction: Block/Brick; Frame - Steel
Cooling: Central Air; Evaporative Cooling; Room A/C; Warehouse Evap
External Amenities: Landscaped; Paved Parking
Flooring: Carpet; Concrete; Tile
Heating: Zoned
Internal Amenities: Bathroom; Fire/Smoke Detector; Sprinklers
Parking: On-Site
Possession: Subject to Tenant
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Metal
Utilities Installed: 220; Electricity; Individual Meter; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial
Last Updated: December - 23 - 2025
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