$1,870,000
Prescott, AZ 86301
MLS# 1025737
Status: Closed
9071 sqft
1 / 58
Property Description
Fully Leased 9,071 Sq. Ft. of professionally managed and maintained A+ Medical Offices in 2 buildings with dedicated parking. Current long term tenants include YRMC and Dermatology Group. Located directly behind YRMC these buildings are in the prime medical location of Prescott. With a CAP rate of 7.4% this property is an excellent investment opportunity.
Details
Maps
Documents
Contract/Address/Legal
List Price/SqFt: 220
Comm Type: Health Care
REO/Short Sale: Not Applicable
Zoning: BG
Assessor's Book #: 116
Assessor's Map #: 19
Assessor's Parcel #: 48
Assessor Parcel Ltr: A
Legal: AN IRREG PCL NW4SW4 SW COR APROX 1787'' N & 261'' E FROM SW COR OF SEC 238-14-2W CONT .88AC
General Property Description
Aprx Acres: 0.88
Lot Size: 38332.80
Buildings: 2
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 54
Management: Mgmt Company
Vac Rate %: 0
CAM $: 43243
GRM: 0
CC & R: No
CC & R Type: None
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
Total Liveable SqFt: 9071
Year Built: 1997
NOI $: 145470
Cap %: 7.43
Baths - Full: 3
Tax Info
Taxes: 18567
Tax Year: 2019
Remarks & Misc
Remarks: Fully Leased 9,071 Sq. Ft. of professionally managed and maintained A+ Medical Offices in 2 buildings with dedicated parking. Current long term tenants include YRMC and Dermatology Group. Located directly behind YRMC these buildings are in the prime medical location of Prescott. With a CAP rate of 7.4% this property is an excellent investment opportunity.
Status Change Info
Sold Price/SqFt: 206
Financing: Exchange
Under Contract Date: 2020-01-23
Sold Date: 2020-04-24
Sold Price: $1,870,000
Building Type
2-4 Units: 1
Medical/Dental: 1
Construction
Block/Brick: 1
Cooling
Central Air: 1
External Amenities
Drip System: 1
Handicap Access: 1
Landscaped: 1
Paved Parking: 1
Security Lights: 1
Flooring
Carpet: 1
Tile: 1
Heating
Natural Gas: 1
Possession
Other: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City: 1
City Maintained Road: 1
Roof
Metal: 1
Bathrooms
ADA: 1
Interior: 1
Business Location
Freestanding Bldg: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
Electricity: 1
Individual Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Fire/Smoke Detector: 1
Kitchen: 1
Parking
On-Site: 1
Street Parking: 1
ContractAddressLegal
Original List Price: 1999999
Listing Date: 2019-11-05
Status: Closed
Listing Price: 1999999
Street #: 820
Street Name: Ainsworth
St Suffix: Drive
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Tax Parcel: 116-19-048A
Property Features
Bathrooms: ADA; Interior
Building Type: 2-4 Units; Medical/Dental
Business Location: Freestanding Bldg
Commercial Amenities: Ceiling Ht. Under 12
Construction: Block/Brick
Cooling: Central Air
External Amenities: Drip System; Handicap Access; Landscaped; Paved Parking; Security Lights
Flooring: Carpet; Tile
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Fire/Smoke Detector; Kitchen
Parking: On-Site; Street Parking
Possession: Other
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Metal
Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Brochure 
Listing Office: Sumner Commercial Real Estate
Last Updated: September - 14 - 2020
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