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

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

More Information

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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