505 Whipple, Prescott, AZ 86301

$1,750,000
Property Type: Commercial/Indstrial Square Footage: 10,567 Lot Size (sq. ft.): 27,878 Status: Closed
Current Price: $1,750,000 List Date: 1/05/2018 Last Modified: 8/10/2022

Overview

Description

Single tenant NN opportunity. Tenant has been at this location for approximately 10 years. Credit Tenant. Five year lease. Property is comprised of building and 3 parcels totalling .64 acres, NOB Zone. Located in flood plain. 8.57% cap at asking!

Listing Details MLS# 1008770

ContractAddressLegal

Original List Price
1750000
Listing Price
1750000
Street #
505
Street Name
Whipple
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
115-05-043C

General Property Description

Aprx Acres
0.64
Buildings
Yes
Total Liveable SqFt
10567
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
33
Year Built
1999
Management
Owner
NOI $
150000
Cap %
8.57
Baths - Full
Yes
Property Use
Investment Prop
Space Available
No
Vac Rate %
0
CAM $
0
GRM
No

Tax Info

Taxes
10700
Tax Year
2016

Status Change Info

Under Contract Date
2018-02-01
Sold Date
2018-03-15
Sold Price/SqFt
166
Financing
Conventional

Contract/Address/Legal

List Price/SqFt
166
Comm Type
Office
REO/Short Sale
Not Applicable
Zoning
iT
Business Name
Offices for Decision Point
Zoning Description
Nbhood orient.bus
Business Type
115-05-043C
Assessor's Book #
115
Assessor's Map #
5
Assessor's Parcel #
43
Assessor Parcel Ltr
C
Legal
AN IRREG M&B PTN OF SEC 28 THE SW COR LYING APPROX 200'N FROM THE NW COR LOT 2 BLK 4 DAMERON TRACT SEC 28-14-2W

Remarks & Misc

Directions
North on Montezuma/Whipple to Lincoln
Remarks
Single tenant NN opportunity. Tenant has been at this location for approximately 10 years. Credit Tenant. Five year lease. Property is comprised of building and 3 parcels totalling .64 acres, NOB Zone. Located in flood plain. 8.57% cap at asking!

More Information

Office/Member Info

Listing Exclusions
No

Building Type

Office - Building
Yes

Construction

Architect Concept
Yes
Stucco
Yes

Cooling

Central Air
Yes

External Amenities

Drip System
Yes
Handicap Access
Yes
Landscaped
Yes
Paved Parking
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Natural Gas
Yes

Possession

Subject to Tenant
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes

Roof

Rolled/Hot Mop
Yes

Bathrooms

ADA
Yes
Interior
Yes
Separate M and W
Yes

Business Location

Corner Location
Yes

Terms & Conditions

Conventional
Yes

Commercial Amenities

None
Yes

Utilities Installed

Electricity
Yes
Natural Gas
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Fire/Smoke Detector
Yes
Sprinklers
Yes

Parking

On-Site
Yes

Property Features

Bathrooms: ADA; Interior; Separate M and W Building Type: Office - Building Business Location: Corner Location Commercial Amenities: None Construction: Architect Concept; Stucco Cooling: Central Air External Amenities: Drip System; Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Fire/Smoke Detector; Sprinklers Parking: On-Site Possession: Subject to Tenant Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Rolled/Hot Mop Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial
Last Updated: August - 10 - 2022
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