$2,995,163
6669 E 1ST StreetPrescott Valley, AZ 86314
MLS# 5489459

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Property DescriptionLONG TERM OCCUPANT - MATTRESS & FURNITURE GALLERY!!! 5 year lease with options. High volume store. Located on 1/14 acres. New roof in 2014. Building is divisible into 2 units. 2 roll-up doors (12 ft.). Fully sprinklered building. 70 parking spaces. 8% CAP RATE! Only $137.00 PSF, $239,613 NOI. Visibility from major corridor of Highway 69 through Prescott Valley. Entrance to highway adjacent to property. Prescott Valley Metro Ara has more than 211,000 people.
Details
Contract Info
Current Price: $2,810,000
List Price: $2,995,163
Status: Closed
List Date: 2016-08-26
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: C82
House Number: 6669
Compass: E
Street Name: 1ST
St Suffix: Street
City/Town Code: Prescott Valley
State/Province: AZ
Zip Code: 86314
Zip4: 3521
Country: US
County Code: Yavapai
Subdivision: GRAYBRIAR UNIT 1001-1100 2001-2100
Assessor Number: 103-08-054-A
Tax Year: 2016
General Property Description
Ttl Apx SqFt Bldg: 21763
# of Buildings: 1
Year Built: 2000
Uncvrd Parking Spcs: 70
Zoning: Commercial
Legal Info
Township: 14N
Range: 01W
Section: 22
Lot Number: 1048
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 2.5
Buyer Concession $/%: %
Seller Concession to Buyer: 2.5
Seller Concession $/%: %
Remarks Misc
Cross Street: SWC E. 1st Street & Interstate 69.
Directions: From Phoenix taken I-17 to 69 North toward Prescott.
Geo Lat: 34.581172
Geo Lon: -112.347744
Status Change Info
Off Market Date: 2018-01-02
Under Contract Date: 2017-08-14
Close of Escrow Date: 2018-01-02
Sold Price: $2,810,000
Property Features
Building Type: Commercial
Business Type: Retail
Stories: 1 Story
Construction: Block
Roofing: Other
Floors: Other
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Natural Gas
Cooling: Warehouse Evap
Loading Facilities: Drive-in Door(s)
Interior Features: Finished
Exterior: Corner Lot; Sprinkler System-Ground; Building Sign
Fencing: Partial
Parking Features: Free; Paved
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Other (See Remarks)
Road Surface Type: Asphalt
Environmental: Other (See Remarks)
Listing Office: Avison Young
Last Updated: January - 02 - 2018
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