3241 Tower Road, Prescott, AZ 86305
$1,598,726
Property Type:
Commercial/Indstrial
Baths:
2
Square Footage:
6,425
Lot Size (sq. ft.):
39,204
Status:
Closed
Current Price:
$1,598,726
List Date:
10/14/2025
Last Modified:
12/30/2025
Overview
Description
...
(Read more)
Property Description: This 6,425 sq ft industrial building sits just off Willow Creek Rd in the Sandretto Hills Subdivision. The property blends two stories of turnkey office space with a functional warehouse area that was previously used for heavy equipment repair, featuring three 14' by 12' wide roll-up doors for easy loading or access. The two-story office component is fully climate-controlled to ensure a comfortable work environment year-round. The parking is incredible for an industrial property, and the fenced yard is hard to find. All this, and the going in actual CAP RATE is 8.49% which is unheard of. The current Tenant has called the space home for over 20 years and maintains a remaining Lease term of 2 years, with an option to renew for an additional 5 years. The NNN lease structure enhances its appeal for passive ownership, providing predictable, low-maintenance occupancy and favorable long-term ROI. Ideal for investors seeking a flexible, well-located industrial property with enduring tenant retention.
Listing Details MLS# 1077148
ContractAddressLegal
- Original List Price
- 1500000
- Listing Price
- 1500000
- Street #
- 3241
- Street Name
- Tower
- St Suffix
- Road
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86305
- Subdivision
- Sandretto Hills
- County
- Yavapai
- Tax Parcel
- 106-08-018
General Property Description
- Aprx Acres
- 0.9
- Buildings
- Yes
- Total Liveable SqFt
- 6425
- Source of Measuremnt
- Owner
- Stories
- 2
- Parking Spaces
- 24
- Year Built
- 1982
- Management
- Owner
- Gross Vol/Yr $
- 134660.66
- NOI $
- 127308
- Cap %
- 8.49
- CAM $
- 7352.66
- Baths - Full
- Yes
- GRM
- 11.44
- Property Use
- Investment Prop
- Construction Status
- Existing
- Space Available
- No
- Total Bathrooms
- 2
- CC & R
- Yes
- CC & R Type
- Subdivision
- Vac Rate %
- 0
Tax Info
- Taxes
- 3494
- Tax Year
- 2024
Status Change Info
- Under Contract Date
- 2025-10-28
- Sold Date
- 2025-12-29
- Sold Price/SqFt
- 249
- Financing
- Cash
Construction
- # of Bays
- 3
- Block/Brick
- Yes
Contract/Address/Legal
- List Price/SqFt
- 233
- Neighborhood
- N/A
- Comm Type
- Industrial
- REO/Short Sale
- Not Applicable
- Zoning
- IL
- Zoning Description
- Industrial Light
- Assessor's Book #
- 106
- Assessor's Map #
- 8
- Assessor's Parcel #
- 18
- Legal
- SANDRETTO HILLS PHASE 1 LOT 10
More Information
Remarks & Misc
- Directions
- From Willow Creek Rd, head northwest on Commerce Dr for 0.4 miles. Make a left on Tower Rd and continue for 0.2 miles (Property is located on the right).
- Remarks
- Property Description: This 6,425 sq ft industrial building sits just off Willow Creek Rd in the Sandretto Hills Subdivision. The property blends two stories of turnkey office space with a functional warehouse area that was previously used for heavy equipment repair, featuring three 14' by 12' wide roll-up doors for easy loading or access. The two-story office component is fully climate-controlled to ensure a comfortable work environment year-round. The parking is incredible for an industrial property, and the fenced yard is hard to find. All this, and the going in actual CAP RATE is 8.49% which is unheard of. The current Tenant has called the space home for over 20 years and maintains a remaining Lease term of 2 years, with an option to renew for an additional 5 years. The NNN lease structure enhances its appeal for passive ownership, providing predictable, low-maintenance occupancy and favorable long-term ROI. Ideal for investors seeking a flexible, well-located industrial property with enduring tenant retention.
Office/Member Info
- Listing Exclusions
- No
Building Type
- Auto
- Yes
- Indust - Dist Wrhse
- Yes
- Indust - Flex Space
- Yes
- Indust - Showroom
- Yes
- Indust - Warehouse
- Yes
- Indust-Manufacturing
- Yes
- Office - Warehouse
- Yes
Cooling
- Central Air
- Yes
External Amenities
- Fence
- Yes
- Handicap Access
- Yes
- Paved Parking
- Yes
- Storage Yard
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
Heating
- Electric
- Yes
- Natural Gas
- Yes
- Zoned
- Yes
Possession
- Subject to Tenant
- Yes
Records Available
- Site Plan
- Yes
Road Responsibility
- City
- Yes
- Paved
- Yes
Roof
- Metal
- Yes
Bathrooms
- Interior
- Yes
- Shared
- Yes
- Staff
- Yes
- Unisex
- Yes
Business Location
- Business Park
- Yes
- Freestanding Bldg
- Yes
Terms & Conditions
- 1031 Exchange
- Yes
- Conventional
- Yes
- Submit
- Yes
Commercial Amenities
- Ceiling Ht. 16+
- Yes
- Overhead Door(s)
- Yes
- Roll-Up Door(s)
- Yes
- Truck/Loading Dock
- Yes
Utilities Installed
- 220
- Yes
- 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
- Kitchen
- Yes
- Mezzanine
- Yes
Parking
- On-Site
- Yes
- Storage
- Yes
- Trailer
- Yes
- Truck
- Yes
Property Features
Bathrooms:
Interior; Shared; Staff; Unisex
Building Type:
Auto; Indust - Dist Wrhse; Indust - Flex Space; Indust - Showroom; Indust - Warehouse; Indust-Manufacturing; Office - Warehouse
Business Location:
Business Park; Freestanding Bldg
Commercial Amenities:
Roll-Up Door(s); Ceiling Ht. 16+; Overhead Door(s); Truck/Loading Dock
Construction:
Block/Brick
Cooling:
Central Air
External Amenities:
Fence; Handicap Access; Paved Parking; Storage Yard
Flooring:
Carpet; Concrete
Heating:
Electric; Natural Gas; Natural Gas; Zoned
Internal Amenities:
Bathroom; Fire/Smoke Detector; Kitchen; Mezzanine
Parking:
On-Site; Storage; Trailer; Truck
Possession:
Subject to Tenant
Records Available:
Site Plan
Road Responsibility:
Paved
Roof:
Metal
Utilities Installed:
220; Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office:
Arizona Commercial
Last Updated: December - 30 - 2025
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