3250 Gateway Boulevard, Prescott, AZ 86303
Overview
Description
Supplements: ... (Read more) potential of developing outparcels and/or selling the pads, building out the 21,000 square feet of gray shell space, increasing under market rents, rebranding the property and drawing alternative uses to the property. The possibilities are endless. This is the only shopping mall for nearly 100 miles offering both an enclosed traditional mall shopping experience as well as an outdoor lifestyle and Town Center component. Flush with variety and centrally located, the mall functions as a community hub for the Quad City Area Prescott, Prescott Valley, Chino Valley, Dewey-Humboldt - and beyond. Demographically, the area continues to grow at a remarkable rate, fueled by a steady stream of new arrivals seeking refuge from the tax and regulation burdens of bigger cities and states. Prescott Gateway Mall is located in the area's prime retail hub at the intersection of State Route 69 and Prescott Lakes Parkway. It is surrounded by Class A retail, restaurant and service tenants including Costco, Walmart, Lowe's, Trader Joe's, Best Buy, Red Robin, Olive Garden, In-N-Out, and US Bank, as well as some of Prescott's most prestigious and established residential communities and a flourishing retirement community.
Listing Details MLS# 1043833
ContractAddressLegal
- Original List Price
- 15000000
- Listing Price
- 15000000
- Street #
- 3250
- Street Name
- Gateway
- St Suffix
- Boulevard
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86303
- Subdivision
- None
- County
- Yavapai
- Tax Parcel
- 103-20-600M
General Property Description
- Aprx Acres
- 35.56
- Buildings
- 3
- Total Liveable SqFt
- 313132
- Source of Measuremnt
- County Assessor
- Stories
- Yes
- Parking Spaces
- 3000
- Year Built
- 2001
- Management
- Manager
- Vac Rate %
- 30.9
- Gross Vol/Yr $
- 2131709.95
- NOI $
- 717852.85
- Cap %
- 4.8
- Baths - Full
- 104
- GRM
- 7
- Traffic Count Per Day
- 44000
- Property Use
- Investment Prop
- Construction Status
- Existing
- Space Available
- Yes
- Date Available
- 2021-12-02
- Total Bathrooms
- 75
- CC & R
- Yes
- CC & R Type
- Other - See Remarks
- CC & R Frequency
- Monthly
- Volts
- 480
- Amps
- 277
Tax Info
- Taxes
- 178349
- Tax Year
- 2019
Status Change Info
- Under Contract Date
- 2022-08-23
- Sold Date
- 2022-11-15
- Sold Price/SqFt
- 39
- Financing
- Cash
Construction
- # of Bays
- 2
- Bay Door Height
- 12