3320 Gateway Boulevard, Prescott, AZ 86303
$1,940,000
Property Type:
Commercial/Indstrial
Baths:
2
Square Footage:
18,317
Lot Size (sq. ft.):
989,683
Status:
Closed
Current Price:
$1,940,000
List Date:
4/04/2018
Last Modified:
8/05/2020
Overview
Description
Listing Details MLS# 1010854
ContractAddressLegal
- Original List Price
- 2000000
- Listing Price
- 2000000
- Street #
- 3320
- Street Name
- Gateway
- St Suffix
- Boulevard
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86303
- County
- Yavapai
- Tax Parcel
- 103-20-600H
General Property Description
- Aprx Acres
- 22.72
- Buildings
- Yes
- Total Liveable SqFt
- 18317
- Source of Measuremnt
- County Assessor
- Stories
- Yes
- Parking Spaces
- 100
- Year Built
- 2004
- Management
- Manager
- NOI $
- 150000
- Cap %
- 7.5
- Baths - Full
- Yes
- GRM
- -
- Traffic Count Per Day
- 35706
- Property Use
- Investment Prop
- Construction Status
- Existing
- Total Bathrooms
- 2
- Vac Rate %
- 0
- CAM $
- 0
Tax Info
- Tax Year
- 2017
- Taxes
- 0
Status Change Info
- Under Contract Date
- 2018-07-30
- Sold Date
- 2018-10-09
- Sold Price/SqFt
- 106
- Financing
- Cash
Contract/Address/Legal
- List Price/SqFt
- 109
- Comm Type
- Retail
- REO/Short Sale
- Not Applicable
- Zoning
- BR
- Business Name
- Cost Plus World Market
- Assessor's Book #
- 103
- Assessor's Map #
- 20
- Assessor's Parcel #
- 600
- Assessor Parcel Ltr
- H
- Legal
- AN IRREGULAR BALANCE PORTION IN THE W2 OF SECTION THE MOST NLY PA RCEL CORNER LYING APPROXIMATELY 150'N & 1146'E FROM THE W4 CORNER OF SAID SECTION
Remarks & Misc
- Directions
- Hwy 69 to Prescott Gateway Mall Main Entrance. Take a left at the ''T'', right at the stop sign to 1st right.
- Remarks
- This property is a fantastic investment opportunity at a 7.5% CAP Rate. Built in 2004 and located in a high profile location along state route 69. 2015 ADOT Traffic Counts were 35,706 cars per day and its highly visible from SR69. This property is currently the home for one of the 259 Cost Plus World Market stores across the nation. It doesn't get any better than a National Tenant in a Long Term Lease with two more 5 year options. Property will be split from its current parcel in escrow.
More Information
Building Type
- Retail - Free Stand
- Yes
- Retail - Shopping Center
- Yes
- Other - See Remarks
- Yes
Construction
- Block/Brick
- Yes
- Frame - Steel
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
External Amenities
- Handicap Access
- Yes
- Landscaped
- Yes
- Paved Parking
- Yes
Flooring
- Concrete
- Yes
- Vinyl
- Yes
Heating
- Natural Gas
- Yes
Possession
- At Recordation
- Yes
Records Available
- Other - See Remarks
- Yes
Road Responsibility
- Paved
- Yes
- Private Maintained Road
- Yes
Roof
- Metal
- Yes
Bathrooms
- Interior
- Yes
Business Location
- Freestanding Bldg
- Yes
- Other - See Remarks
- Yes
Terms & Conditions
- 1031 Exchange
- Yes
- Conventional
- Yes
Commercial Amenities
- Roll-Up Door(s)
- Yes
- Truck/Loading Dock
- Yes
Utilities Installed
- 220
- Yes
- Electricity
- Yes
- Individual Meter
- Yes
- Natural Gas
- Yes
- Security System
- Yes
- Telephone
- Yes
- Water - City
- Yes
- WWT - City Sewer
- Yes
Internal Amenities
- Bathroom
- Yes
- Fire/Smoke Detector
- Yes
- Security/Alarm
- Yes
Parking
- On-Site
- Yes
- Truck
- Yes
Property Features
Bathrooms:
Interior
Building Type:
Retail - Free Stand; Retail - Shopping Center; Other - See Remarks
Business Location:
Freestanding Bldg; Other - See Remarks
Commercial Amenities:
Roll-Up Door(s); Truck/Loading Dock
Construction:
Block/Brick; Frame - Steel; Stucco
Cooling:
Central Air
External Amenities:
Handicap Access; Landscaped; Paved Parking
Flooring:
Concrete; Vinyl
Heating:
Natural Gas; Natural Gas
Internal Amenities:
Bathroom; Fire/Smoke Detector; Security/Alarm
Parking:
On-Site; Truck
Possession:
At Recordation
Records Available:
Other - See Remarks
Road Responsibility:
Paved; Private Maintained Road
Roof:
Metal
Utilities Installed:
220; Electricity; Individual Meter; Natural Gas; Security System; Telephone; Water - City; WWT - City Sewer
Documents
Improvements ›
Listing Office:
Sumner Commercial Real Estate
Last Updated: August - 05 - 2020
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