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

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 wi ...

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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