$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
Original List Price: 1999999
Listing Date: 2019-11-05
Status: Closed
Listing Price: 1999999
List Price/SqFt: 220
Street #: 820
Street Name: Ainsworth
St Suffix: Drive
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Comm Type: Health Care
Zoning: BG
Tax Parcel: 116-19-048A
Assessor's Book #: 116
Assessor's Map #: 19
Assessor's Parcel #: 48
Assessor Parcel Ltr: A
REO/Short Sale: Not Applicable
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
Lot Size: 38332.80
Aprx Acres: 0.88
Buildings: 2
Total Liveable SqFt: 9071
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 54
Year Built: 1997
Management: Mgmt Company
NOI $: 145470
Cap %: 7.43
CAM $: 43243
Baths - Full: 3
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
CC & R: No
CC & R Type: None
Tax Info
Taxes: 18567
Tax Year: 2019
Office/Member Info
Compensation: 3
Compensation Type: %
Status Change Info
Under Contract Date: 2020-01-23
Sold Date: 2020-04-24
Sold Price: $1,870,000
Sold Price/SqFt: 206
Financing: Exchange
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
Terms & Conditions: 1031 Exchange; Conventional
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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