1600 Willow Creek Road, Prescott, AZ 86301

$790,000
Property Type: Commercial/Indstrial Square Footage: 4,688 Status: Closed
Current Price: $790,000 List Date: 2/21/2020 Last Modified: 6/05/2023

Overview

Description

100% lease Medical Office building, Gastroenterology Associates has leased building for 3 years with 1 3 year option to renew. 3% annual increases. Owner may carry with the good financials of Buyer.

Listing Details MLS# 1025584

ContractAddressLegal

Original List Price
820000
Listing Price
820000
Street #
1600
Street Name
Willow Creek
St Suffix
Road
City/Township
Prescott
State
AZ
Zip Code
86301
Subdivision
None
County
Yavapai
Tax Parcel
115-05-104

General Property Description

Buildings
Yes
Total Liveable SqFt
4688
Source of Measuremnt
County Assessor
Parking Spaces
21
Year Built
1995
NOI $
56256
Cap %
6.86
Baths - Full
Yes
Vac Rate %
0
CAM $
0
GRM
No

Tax Info

Taxes
6763
Tax Year
2019

Status Change Info

Under Contract Date
2020-11-11
Sold Date
2020-12-18
Sold Price/SqFt
169
Financing
Conventional

Contract/Address/Legal

List Price/SqFt
175
Neighborhood
N/A
Comm Type
Office
REO/Short Sale
Not Applicable
Zoning
NOB
Assessor's Book #
115
Assessor's Map #
5
Assessor's Parcel #
104
Legal
Santa Fe office Park

Remarks & Misc

Directions
NW corner of Willow Creek Road and Flora
Remarks
100% lease Medical Office building, Gastroenterology Associates has leased building for 3 years with 1 3 year option to renew. 3% annual increases. Owner may carry with the good financials of Buyer.

More Information

Building Type

Commercial Condo
Yes
Medical/Dental
Yes

Construction

Stucco
Yes

Cooling

Central Air
Yes

External Amenities

Handicap Access
Yes
Paved Parking
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Natural Gas
Yes

Possession

Subject to Tenant
Yes

Records Available

As-Built
Yes

Road Responsibility

City
Yes
Paved
Yes

Roof

Metal
Yes

Bathrooms

ADA
Yes
Interior
Yes

Business Location

Business Park
Yes
Corner Location
Yes

Terms & Conditions

Conventional
Yes
Submit
Yes

Commercial Amenities

Ceiling Ht. Under 12
Yes

Utilities Installed

Electricity
Yes
Individual Meter
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Fire/Smoke Detector
Yes

Parking

On-Site
Yes
Street Parking
Yes

Property Features

Bathrooms: ADA; Interior Building Type: Commercial Condo; Medical/Dental Business Location: Business Park; Corner Location Commercial Amenities: Ceiling Ht. Under 12 Construction: Stucco Cooling: Central Air External Amenities: Handicap Access; Paved Parking Flooring: Carpet; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Fire/Smoke Detector Parking: On-Site; Street Parking Possession: Subject to Tenant Records Available: As-Built Road Responsibility: Paved Roof: Metal Utilities Installed: Electricity; Individual Meter; Telephone; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial
Last Updated: June - 05 - 2023
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