3182 Willow Creek Road, Prescott, AZ 86301

$1,140,000
Property Type: Commercial/Indstrial Square Footage: 2,088 Lot Size (sq. ft.): 23,958 Status: Closed
Current Price: $1,140,000 List Date: 4/30/2015 Last Modified: 4/02/2018

Overview

Description

A stand alone Jack in the Box in a very busy shopping center with many shops and businesses, anchored by Fry's Grocery store. There is over 10 years left on the lease, June 30, 2025. The lease is set to increase July 1, 2015, from $4,583.33 to $5,041.24 for the next 5 years, and increase to $5,545.83, July 1, 2020. There are 2-5 year options, July 1, 2025 increase to $6100.42, and July 1 2030, increase to $6,710.46. Can be purchased with strip center 3180 Willow Creek, next to the Jack in the Box. Financials are 7/1/15 to 7/1/16.

Listing Details MLS# 984361

ContractAddressLegal

Original List Price
1312000
Listing Price
1312000
Street #
3182
Street Name
Willow Creek
St Suffix
Road
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
106-08-092W

General Property Description

Aprx Acres
0.55
Buildings
Yes
Total Liveable SqFt
2088
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
22
Year Built
2005
Gross Vol/Yr $
58667
NOI $
58667
Cap %
4.61
Baths - Full
Yes
GRM
4812.46
Traffic Count Per Day
54
Property Use
Investment Prop
Construction Status
Existing
Space Available
No
Vac Rate %
0
CAM $
0

Tax Info

Taxes
6950
Tax Year
2014

Status Change Info

Under Contract Date
2015-05-26
Sold Date
2015-08-25
Sold Price/SqFt
546
Financing
Cash

Heating

Natural Gas
Yes

Contract/Address/Legal

List Price/SqFt
628
Comm Type
Retail
REO/Short Sale
Not Applicable
Zoning
BG
Business Name
Jack In The Box
Zoning Description
Business General
Assessor's Book #
106
Assessor's Map #
8
Assessor's Parcel #
92
Assessor Parcel Ltr
W
Legal
WILLOW CROSSROADS 2 LOT 2 CONT .55AC SEC 10&15-14-2W M&P 55/1

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
A stand alone Jack in the Box in a very busy shopping center with many shops and businesses, anchored by Fry's Grocery store. There is over 10 years left on the lease, June 30, 2025. The lease is set to increase July 1, 2015, from $4,583.33 to $5,041.24 for the next 5 years, and increase to $5,545.83, July 1, 2020. There are 2-5 year options, July 1, 2025 increase to $6100.42, and July 1 2030, increase to $6,710.46. Can be purchased with strip center 3180 Willow Creek, next to the Jack in the Box. Financials are 7/1/15 to 7/1/16.

Office/Member Info

Listing Exclusions
No

Building Type

Retail - Free Stand
Yes

Construction

Frame - Wood
Yes
Stucco
Yes

Cooling

Central Air
Yes
Gas Pack
Yes

External Amenities

Handicap Access
Yes
Landscaped
Yes
Paved Parking
Yes

Flooring

Concrete
Yes
Tile
Yes

Possession

Subject to Tenant
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
Paved
Yes

Roof

Rolled/Hot Mop
Yes

Bathrooms

Unisex
Yes

Business Location

Freestanding Bldg
Yes

Terms & Conditions

Conventional
Yes

Commercial Amenities

Ceiling Ht. 12-15
Yes

Utilities Installed

Electricity
Yes
Natural Gas
Yes
Telephone
Yes
Underground
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Ceiling Fan(s)
Yes
Fire/Smoke Detector
Yes
Sprinklers
Yes

Parking

On-Site
Yes

Property Features

Bathrooms: Unisex Building Type: Retail - Free Stand Business Location: Freestanding Bldg Commercial Amenities: Ceiling Ht. 12-15 Construction: Frame - Wood; Stucco Cooling: Central Air; Gas Pack External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Concrete; Tile Internal Amenities: Ceiling Fan(s); Fire/Smoke Detector; Sprinklers Parking: On-Site Possession: Subject to Tenant Records Available: Other - See Remarks Road Responsibility: Paved Roof: Rolled/Hot Mop Utilities Installed: Electricity; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Keller Williams Check Realty
Last Updated: April - 02 - 2018
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