3201 Lakeside Village Dr., Prescott, AZ 86301

$1,025,000
Property Type: Commercial/Indstrial Square Footage: 6,666 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $1,025,000 List Date: 12/17/2020 Last Modified: 6/09/2021

Description

Perfect Owner/User Building and/or NNN investment opportunity. This commercial building is located in the heart of the Prescott area growth path within the Reserve at Willow Hills commercial subdivision near the new Banner Health Medical complex and is a perfect Medical Office conversion opportunity (ask about conversion plans). This building was built in 2014 and totals approx. 6,666 sf, is fully sprinklered and is situated on +/-.12 acres of NOB (PAD) zoned land. The property is being offered For Sale at $1,195,000 at a 7.53 CAP via a seller leaseback until August of 2021 with two additional 12-month options to renew this lease until their new campus is completed. The owner could also vacant the property for an owner user. Please call listing agent for further details. CLICK MORE...

Supplements: Perfect Owner/User Building and/or NNN investment opportunity. This commercial building is located in the heart of the Prescott area growth path within the Reserve at Willow Hills commercial subdivision near the new Banner Health Medical complex and is a perfect Medical Office conversion opportunity (ask about conversion plans). This building was built in 2014 and totals approx. 6,666 sf, is fully sprinklered and is situated on +/-.12 acres of NOB (PAD) zoned land. The property is being offered For Sale at $1,195,000 at a 7.53 CAP via a seller leaseback until August of 2021 with two additional 12-month options to renew this lease until their new campus is completed. The owner could also vacant the property for an owner user. Please call listing agent for further details. The main level is comprised of approx. 4,549 sf and offers 4 large rooms of +/- 600 sf each, a reception & waiting area, 2 private offices, separate women's & men's restrooms and a large open area. Two of these large rooms offer built-in counters & cabinets and multiple hand sinks. The 2nd level totals approx. 2,117 sf and offers a separate office area with 3 small private offices, a large +/- 500 sf room, a conference room and separate restroom. The property affords excellent street visibility from Lakeside Village Dr. and shares over 100 parking spaces within the commercial subdivision with 27 dedicated parking spaces for the subject property. Excellent expansion and development opportunities exist via the adjacent 11 fully improved commercial pads available for sale within the Reserve subdivision. The Building was constructed in 2014 for Trinity Christian School as an ancillary building to their existing campus which is in close proximity to this property. This building is also being offer at a lease rate of $14.00/sf/year plus NNN's.

More Information MLS# 1030199

ContractAddressLegal

Original List Price: 1195000 Listing Date: 2020-06-01 Status: Closed Listing Price: 1195000 Street #: 3201 Street Name: Lakeside Village Dr. City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Tax Parcel: 106-47-338B

General Property Description

Lot Size: 5227 Aprx Acres: 0.12 Buildings: 1 Total Liveable SqFt: 6666 Source of Measuremnt: County Assessor Stories: 2 Parking Spaces: 27 Year Built: 2014 NOI $: 90000 Cap %: 7.53 Baths - Full: 1 CC & R Fees: 6667

Tax Info

Tax Year: 2019

Status Change Info

Under Contract Date: 2021-06-08 Sold Date: 2021-06-08 Sold Price: $1,025,000 Sold Price/SqFt: 154 Financing: Conventional

Property Features

Bathrooms: ADA; Interior; Separate M and W; Other - See Remarks Building Type: Medical/Dental; Office - Building; Retail - Free Stand Business Location: Business Park; Freestanding Bldg; Office/Professional Commercial Amenities: Ceiling Ht. Under 12 Construction: Frame - Wood; Stucco Cooling: Gas Pack External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Concrete; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Elevator(s); Fire/Smoke Detector; Security/Alarm; Sprinklers Parking: On-Site; Other - See Remarks Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Tile Utilities Installed: Electricity; Master Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: June - 09 - 2021
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