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
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.
More Information MLS# 984361
ContractAddressLegal
Original List Price: 1312000
Listing Date: 2015-02-17
Status: Closed
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
Lot Size: Irregular
Aprx Acres: 0.55
Buildings: 1
Total Liveable SqFt: 2088
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 22
Year Built: 2005
Gross Vol/Yr $: 58667
NOI $: 58667
Cap %: 4.61
Baths - Full: 1
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: $1,140,000
Sold Price/SqFt: 546
Financing: Cash
Heating
Natural Gas: 1
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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