2286 Crosswind Drive, Prescott, AZ 86301

$1,700,000

Property Type: Commercial/Indstrial Baths: 4 Square Footage: 30,020 Lot Size (sq. ft.): 102,802 Status: Closed

Current Price: $1,700,000 List Date: 1/31/2017 Last Modified: 3/31/2018

Overview

Description

Flex space building 66% leased to national tenant for past 17 years. Annual rent increases thru 8/2018, with options for renewal. 3 flex units vacant & available, 3100 SF, 4000 SF & 2900 SF, for owner user or lease up for further increase in NOI. Please do not disturb tenant. Must have appointment.

Listing Details MLS# 1000774

ContractAddressLegal

Original List Price: 2125000
Listing Price: 2125000
Street #: 2286
Street Name: Crosswind
St Suffix: Drive
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Tax Parcel: 102-03-014A

General Property Description

Aprx Acres: 2.36
Buildings: Yes
Total Liveable SqFt: 30020
Source of Measuremnt: County Assessor
Stories: Yes
Parking Spaces: 92
Year Built: 2000
Management: Mgmt Company
Vac Rate %: 30
Gross Vol/Yr $: 194426
NOI $: 119195
Cap %: 5.6
CAM $: 10031
Baths - Full: 3
GRM: 3
Traffic Count Per Day: 12
Property Use: Investment Prop
Construction Status: Existing
Max Contgs/Bldg Sz: 30000
Space Available: Yes
Date Available: 2017-02-01
Total Bathrooms: 4
Suite #: FLEX
CC & R: No
CC & R Type: None
CC & R Fees: 0

Tax Info

Taxes: 24460
Tax Year: 2016

Status Change Info

Under Contract Date: 2017-03-07
Sold Date: 2017-06-28
Sold Price/SqFt: 57
Financing: Owner Will Carry

Construction

# of Bays: 5
Bay Door Height: 14
Block/Brick: Yes
Frame - Steel: Yes

Contract/Address/Legal

List Price/SqFt: 71
Comm Type: Industrial
REO/Short Sale: Not Applicable
Zoning: IL
Business Name: CDS Building
Zoning Description: Industrial Light
Business Type: Multi Tenant
Assessor's Book #: 102
Assessor's Map #: 3
Assessor's Parcel #: 14
Assessor Parcel Ltr: A
Legal: LOT 1 PRESCOTT INDUSTRIAL AIRPARK UNIT 2

More Information

Remarks & Misc

Directions: Hwy 89 north to Larry Caldwell Dr to Wilkinson to Crosswind. Corner of Wiklinson & Crosswind.
Remarks: Flex space building 66% leased to national tenant for past 17 years. Annual rent increases thru 8/2018, with options for renewal. 3 flex units vacant & available, 3100 SF, 4000 SF & 2900 SF, for owner user or lease up for further increase in NOI. Please do not disturb tenant. Must have appointment.

Office/Member Info

Listing Exclusions: No

Building Type

2-4 Units: Yes
Indust - Dist Wrhse: Yes
Indust - Flex Space: Yes
Indust-Manufacturing: Yes
Office - Warehouse: Yes

Cooling

Central Air: Yes

External Amenities

Drip System: Yes
Handicap Access: Yes
Landscaped: Yes
Paved Parking: Yes
Security Lights: Yes

Flooring

Carpet: Yes
Concrete: Yes
Laminate: Yes

Heating

Natural Gas: Yes

Possession

At Recordation: Yes

Records Available

Site Plan: Yes
Other - See Remarks: Yes

Road Responsibility

City: Yes
Paved: Yes

Roof

Metal: Yes

Bathrooms

ADA: Yes
Interior: Yes
Separate M and W: Yes

Business Location

Business Park: Yes
Corner Location: Yes
Freestanding Bldg: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes
Submit: Yes

Commercial Amenities

Ceiling Ht. 16+: Yes
Overhead Door(s): Yes
Truck/Loading Dock: Yes

Utilities Installed

Electricity: Yes
Individual Meter: Yes
Natural Gas: Yes
Security System: Yes
Telephone: Yes
Underground: Yes
Water - City: Yes
WWT - City Sewer: Yes

Internal Amenities

Bathroom: Yes
Ceiling Fan(s): Yes
Fire/Smoke Detector: Yes
Mezzanine: Yes
Security/Alarm: Yes
Sprinklers: Yes

Parking

On-Site: Yes
Trailer: Yes
Truck: Yes

Property Features

Bathrooms: ADA; Interior; Separate M and W Building Type: 2-4 Units; Indust - Dist Wrhse; Indust - Flex Space; Indust-Manufacturing; Office - Warehouse Business Location: Business Park; Corner Location; Freestanding Bldg Commercial Amenities: Ceiling Ht. 16+; Overhead Door(s); Truck/Loading Dock Construction: Block/Brick; Frame - Steel Cooling: Central Air External Amenities: Drip System; Handicap Access; Landscaped; Paved Parking; Security Lights Flooring: Carpet; Concrete; Laminate Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Mezzanine; Security/Alarm; Sprinklers Parking: On-Site; Trailer; Truck Possession: At Recordation Records Available: Site Plan; Other - See Remarks Road Responsibility: Paved Roof: Metal Utilities Installed: Electricity; Individual Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer

Documents

Floor Plan ›

Listing Office: Arizona Realty Enterprises LLC

Last Updated: March - 31 - 2018

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