6650 E 2nd Street

    Prescott Valley, AZ 86314
    • $1,895,000
    • STATUS: Active
    • ON SITE: 319 days
    • ID#: 1006217
    UPDATED: 66 min ago
    $1,895,000
    • 0
      BEDS
    • 0.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,600
      SQFT
    • $130
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2003
    County:

    School Ratings & Info

    Description

    Excellent 8.55 CAP Rate. Offered at $1,895,000 ($129.80/sf) this Two Tenant Commercial Investment Property is located in the Heart of Downtown Prescott Valley along Highway 69 on the corner of 1st Street & N. Valley View. This Flex Retail, Office, Industrial building was built in 2003 and totals approx.14,130 sf and is situated on .98 acres of C-3 zoned land. There are currently two long term tenants. Sherwin-Williams, a National Credit Tenant, has been a tenant for the past 10 years and occupies approx. 5,000 sf on the south side of the building. Their lease term ends on 12-31-18 and they have two (2) five (5) year options to renew. They are expected to exercise their next 5 year option by the 3rd quarter of 2018. Fitness for 10 occupies approx. 9,600 sf. PLEASE Click the MORE TAB..Excellent 8.55 CAP Rate. Offered at $1,895,000 ($129.80/sf) this Two Tenant Commercial Investment Property is located in the Heart of Downtown Prescott Valley along Highway 69 on the corner of 1st Street & N. Valley View. This Flex Retail, Office, Industrial building was built in 2003 and totals approx.14,130 sf and is situated on .98 acres of C-3 zoned land. There are currently two long term tenants. Sherwin-Williams, a National Credit Tenant, has been a tenant for the past 10 years and occupies approx. 5,000 sf on the south side of the building. Their lease term ends on 12-31-18 and they have two (2) five (5) year options to renew. They are expected to exercise their next 5 year option by the 3rd quarter of 2018. Fitness for 10 occupies approx. 9,600 sf. on the north side of the building. The have just completing their 3rd year at this location and have renewed their lease through May of 2021. The building is completely fire sprinklered and offers a fenced yard space along the west side that can also be used for delivery. The building can be split into 4 separate suites via 4 electrical meters, 4 restrooms, 3 - 12' roll-up doors and clear height from 18' in front down to 14' in rear of building. This building is well maintained. Please call for Non-Disclousure Agreement to be signed for additional information.

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    Listing information © 2018 Prescott Area Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Kingsbury Group | Keller Williams Northern Arizona.
    www.prescottarizonarealestate.info/homes/76328511

    6650 E 2nd Street Prescott Valley, AZ 86314

    • Price: $1,895,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 1006217
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.98
    Acres
    14,600
    SQFT
    $130
    $/SQFT
    2003
    Built
    Neighborhood:
    None
    County:
    Yavapai
    Area:
    Prescott Valley
    Property Description
    Excellent 8.55 CAP Rate. Offered at $1,895,000 ($129.80/sf) this Two Tenant Commercial Investment Property is located in the Heart of Downtown Prescott Valley along Highway 69 on the corner of 1st Street & N. Valley View. This Flex Retail, Office, Industrial building was built in 2003 and totals approx.14,130 sf and is situated on .98 acres of C-3 zoned land. There are currently two long term tenants. Sherwin-Williams, a National Credit Tenant, has been a tenant for the past 10 years and occupies approx. 5,000 sf on the south side of the building. Their lease term ends on 12-31-18 and they have two (2) five (5) year options to renew. They are expected to exercise their next 5 year option by the 3rd quarter of 2018. Fitness for 10 occupies approx. 9,600 sf. PLEASE Click the MORE TAB..Excellent 8.55 CAP Rate. Offered at $1,895,000 ($129.80/sf) this Two Tenant Commercial Investment Property is located in the Heart of Downtown Prescott Valley along Highway 69 on the corner of 1st Street & N. Valley View. This Flex Retail, Office, Industrial building was built in 2003 and totals approx.14,130 sf and is situated on .98 acres of C-3 zoned land. There are currently two long term tenants. Sherwin-Williams, a National Credit Tenant, has been a tenant for the past 10 years and occupies approx. 5,000 sf on the south side of the building. Their lease term ends on 12-31-18 and they have two (2) five (5) year options to renew. They are expected to exercise their next 5 year option by the 3rd quarter of 2018. Fitness for 10 occupies approx. 9,600 sf. on the north side of the building. The have just completing their 3rd year at this location and have renewed their lease through May of 2021. The building is completely fire sprinklered and offers a fenced yard space along the west side that can also be used for delivery. The building can be split into 4 separate suites via 4 electrical meters, 4 restrooms, 3 - 12' roll-up doors and clear height from 18' in front down to 14' in rear of building. This building is well maintained. Please call for Non-Disclousure Agreement to be signed for additional information.
    Exterior Features

    Construction StuccoFrame - Steel External Amenities Handicap AccessStorage YardPaved ParkingFenceLandscaped Lot Size 42689 Parking On-SiteStreet ParkingStorage Roof Metal

    Interior Features

    Bathrooms AdaInteriorUnisex Cooling Central AirWarehouse Evap Flooring ConcreteWood Heating ZonedNatural Gas Internal Amenities SprinklersBathroomFire/Smoke Detector

    Property Features

    Building Type Retail - Free Stand2-4 Units Buildings 1 Business Location Freestanding BldgCorner LocationBusiness Park CAM 0.00 Cap Percent 0.00 Ccr Fees 14130.00 Comm Type Retail Commercial Amenities Ceiling Ht. 12-15Grade Level GRM 0 Neighborhood N/A NOI 0.00 Records Available Alta SurveyAs-BuiltSite Plan Reo Or Short Sale Not Applicable Road Access And Maintenance CityMaint-CityPaved Source Of Measurement County Assessor Tax Year 2017 Taxes 42426.00 Utilities Installed Individual MeterFire HydrantWwt - City SewerElectricity220Water - CityNatural Gas Vacancy Rate Percent 0.00 Zoning C-3

    Listing provided courtesy of Raymond Zogob of Bloomtree Realty
    Listing information © 2018 Prescott Area Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Kingsbury Group | Keller Williams Northern Arizona.
     
    The Kingsbury Group | Keller Williams Northern Arizona
    102 N Montezuma
    Prescott AZ, 86001