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

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!

More Information MLS# 1008770

ContractAddressLegal

Original List Price: 1750000 Listing Date: 2018-01-05 Status: Closed 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: 1 Total Liveable SqFt: 10567 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 33 Year Built: 1999 Management: Owner NOI $: 150000 Cap %: 8.57 Baths - Full: 1 Property Use: Investment Prop Space Available: No

Tax Info

Taxes: 10700 Tax Year: 2016

Status Change Info

Under Contract Date: 2018-02-01 Sold Date: 2018-03-15 Sold Price: $1,750,000 Sold Price/SqFt: 166 Financing: Conventional

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 LLC
Last Updated: August - 10 - 2022
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