1071-1081 Mogollon Road, Prescott, AZ 86301 (MLS# 1064400)

Bathrooms: ADA; Interior; Separate M and W

Building Type: 2-4 Units; Religious Facility; Other - See Remarks

Business Location: Freestanding Bldg; Other - See Remarks

Commercial Amenities: Ceiling Ht. Under 12; Ceiling Ht. 16+

Construction: Frame - Steel; Frame - Wood; Stucco

Cooling: Gas Pack

External Amenities: Drip System; Fence; Handicap Access; Landscaped; Paved Parking; Security Lights

Flooring: Carpet; Concrete; Tile; Vinyl

Heating: Electric; Natural Gas; Natural Gas

Internal Amenities: Bathroom; Fire/Smoke Detector; Kitchen; Security/Alarm; Sprinklers; Other - See Remarks

Parking: On-Site

Records Available: Other - See Remarks

Road Responsibility: City Maintained Road; Paved

Roof: Asphalt Shingle; Metal

Terms & Conditions: Conventional; Sale/Leaseback

Utilities Installed: Electricity; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer

Prime Church / School Facility or Conversion Opportunity. Willow Hills Baptist Church, located in Prescott AZ, is a thriving religious community that recently purchase 19 acres of land 4 miles to the north and plans on building a larger campus to accommodate their growing community. This property is being offered for sale at $8,800,000 or $240/sf which is supported by a recent appraisal. Situated on 9.63 acres of SF-12 MH zoned land, the campus is located atop a hillside, which offers unobstructed, panoramic views Granite Mountain to the West and the San Francisco Peaks to the North. There is also good visibility to the +/-25,000 vehicles traversing Willow Lake Road. On-site parking can accommodate over 200 parking spaces with additional parking available via a graveled lot next to the sports field on the north side of the campus. The campus is comprised of four separate and adjacent buildings which total +/-36,671 sf. (See attached Campus Site Plan). Building A is +/-10,806 sf is fully fire sprinklered and features a generous size foyer area with direct access to both the worship/sanctuary and multi-purpose/fellowship hall with a posted occupancy of 428 pp and 268 pp, respectively. In addition, the building contains a kitchen/pantry, library, choir room, baptistry and prayer rooms, two private offices, separate men's and women's restrooms and multiple storage rooms. Building B is +/-6,333 sf and is the location of the main church office and offers additional classrooms. The building includes the following: a waiting room / reception desk, 4 private offices, a kitchen/breakroom, and a large workstation while the school section includes 10 classrooms and a school office and separate men's & women's restrooms. Building C is +/- 5,088 sf and includes 12 classrooms and a school office and separate men's & women's restrooms. Building D is +/- 14,444 sf and is fully fire sprinklered and features a full-size gymnasium/multipurpose room with a posted occupancy of 1,150 pp, a kitchen area, men's & women's restrooms, 3 classrooms and multiple storage rooms. The 2nd level is accessed by two stairwells on both sides of the building and includes 4 classrooms and a large open multi-purpose area. Other improvements include a large outdoor artificial turf ball field, a separate playground area between Buildings B & C, a free standing +/-760 sf shed, extensive asphalt paved parking areas, concrete walkway, and metal railings between all four buildings, chain link fencing, split face block retaining walls and extensive landscaping around the campus. Improvements for Buildings A, B & C were constructed in 1997 and Building D in 2004, with a small addition made in 2017. The property is currently occupied by both Baptist Church and Trinity Christian School (K-12) who is an unrelated party on a month-to-month lease at a discounted lease rate due to their common faith and mission, despite being unrelated parties. The shared church and school use is harmonious due to the school operations being primarily limited to Buildings B, C, and D, which are minimally used by the church during school hours. Trinity School is paying $5,475/mo. during August - May and $4,310/mo. for June & July, in addition to paying 90% of the utilities for Building D and 20% of the utilities for Buildings A, B and C. The total area leased by the Trinity School is +/-23,000 sf. The owner is willing to lease back the property for a period of up to 24 months while their new campus gets completed, however the owner may be able to relocate their operations in another facility based on agreed upon terms and conditions between the parties. Strategically located in north Prescott with great accessibility to both Chino Valley to the north and Prescott Valley to the east, this area enjoys robust submarket demographics. Proximity to local neighborhood shopping centers which are anchored by major retailers enhances this property's appeal. In addition, there are several new housing developments under construction to the north and east of this property which supports the growing demographics of this market and provides for a strong owner user or repositioning opportunity in a thriving commercial hub.