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 ... (Read more)

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

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

More Information

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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