3180 Willow Creek Road, Prescott, AZ 86301

$2,675,000

Property Type: Commercial/Indstrial Baths: 7 Square Footage: 5,475 Lot Size (sq. ft.): 30,056 Status: Closed

Current Price: $2,675,000 List Date: 10/04/2021 Last Modified: 12/09/2021

Overview

Description

100% Occupied. One of the Best retail locations in the Prescott area. This is a very busy trophy property that has continued to do well year after year since it was built. This property is in a center that is anchored by Fry's Grocery Store and fueling station. There is also a Wells Fargo Bank, A Jack-in-the Box, a Taco Bell, Subway, Colt Cleaners Alfonso's, Great Clip's, Pizza and several other businesses in this center. There were very few vacancies during the economic slow down a few years ago. Center very nice, built in 2005. Please, do not disturb Tenants.

Listing Details MLS# 1042533

ContractAddressLegal

Original List Price: 2830000
Listing Price: 2830000
Street #: 3180
Street Name: Willow Creek
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Tax Parcel: 106-08-092V

General Property Description

Aprx Acres: 0.69
Buildings: Yes
Total Liveable SqFt: 5475
Source of Measuremnt: Builder Plans
Stories: Yes
Parking Spaces: 35
Year Built: 2005
Management: Owner
Vac Rate %: 3
Gross Vol/Yr $: 192172.44
NOI $: 156986.04
Cap %: 5.5
CAM $: 6.48
Baths - Full: 6
GRM: 16,014.37
Traffic Count Per Day: 30
Property Use: Investment Prop
Construction Status: Existing
Space Available: No
Total Bathrooms: 7
Suite #: A1-A7
CC & R: No

Tax Info

Taxes: 9503
Tax Year: 2020

Status Change Info

Under Contract Date: 2021-10-09
Sold Date: 2021-12-08
Sold Price/SqFt: 489
Financing: Cash

Heating

Natural Gas: Yes

Contract/Address/Legal

List Price/SqFt: 517
Comm Type: Shopping Center
REO/Short Sale: Not Applicable
Zoning: BG
Zoning Description: Business General
Assessor's Book #: 106
Assessor's Map #: 8
Assessor's Parcel #: 92
Assessor Parcel Ltr: V
Legal: LOT 1 WILLOW CROSSROADS UNIT 2 BOOK 55 PAGE 1

More Information

Remarks & Misc

Directions: North on Willow Creek Road to Willow Crossroads Shopping Center at SW corner of Willow Creek and Sandretto Hills
Remarks: 100% Occupied. One of the Best retail locations in the Prescott area. This is a very busy trophy property that has continued to do well year after year since it was built. This property is in a center that is anchored by Fry's Grocery Store and fueling station. There is also a Wells Fargo Bank, A Jack-in-the Box, a Taco Bell, Subway, Colt Cleaners Alfonso's, Great Clip's, Pizza and several other businesses in this center. There were very few vacancies during the economic slow down a few years ago. Center very nice, built in 2005. Please, do not disturb Tenants.

Office/Member Info

Listing Exclusions: No

Building Type

5+ Units: Yes
Retail - Free Stand: Yes
Retail - Shopping Center: Yes

Construction

Block/Brick: Yes
Frame - Steel: Yes
Frame - Wood: Yes
Stucco: Yes

Cooling

Central Air: Yes
Gas Pack: Yes

External Amenities

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

Flooring

Carpet: Yes
Concrete: Yes
Laminate: Yes
Tile: Yes

Possession

At Recordation: Yes

Records Available

Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Welded Membrane: Yes

Bathrooms

ADA: Yes
Interior: Yes

Business Location

Commercial Strip: Yes
Freestanding Bldg: Yes
Traffic Signal: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Commercial Amenities

Grade Level: Yes

Utilities Installed

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

Internal Amenities

Bathroom: Yes
Fire/Smoke Detector: Yes
Sprinklers: Yes

Parking

On-Site: Yes

Property Features

Bathrooms: ADA; Interior Building Type: 5+ Units; Retail - Free Stand; Retail - Shopping Center Business Location: Commercial Strip; Freestanding Bldg; Traffic Signal Commercial Amenities: Grade Level Construction: Block/Brick; Frame - Steel; Frame - Wood; Stucco Cooling: Central Air; Gas Pack External Amenities: Drip System; Landscaped; Paved Parking; Security Lights Flooring: Carpet; Concrete; Laminate; Tile Internal Amenities: Bathroom; Fire/Smoke Detector; Sprinklers Parking: On-Site Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Welded Membrane Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer

Listing Office: Realty ONE Group Mountain Desert

Last Updated: December - 09 - 2021

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