6287 E Copper Hill Drive, Prescott Valley, AZ 86314

$925,000
Property Type: Commercial/Indstrial Baths: 3 Square Footage: 5,400 Lot Size (sq. ft.): 13,939 Status: Closed
Current Price: $925,000 List Date: 12/04/2017 Last Modified: 9/14/2020

Overview

Description

Absolute NNN Investment Property with single tenant medical marijuana dispensary and infusion facility. 5400 sf w/2 suites. East Suite is dispensary with waiting area, large retail area, M/W HC restrooms, office and storage area. West unit is built out as the state and county approved commercial kitchen/infusion facility. 16' high ceilings, 2 entrances in front. Fully leased with 28 months remaining on lease term as of 8-1-17. This building is the only identified allowable location for a MMJ dispensary in the Prescott Valley area. Tenant has been in place since 2012 when license was first issued.

Listing Details MLS# 961184

ContractAddressLegal

Original List Price
749000
Listing Price
999900
Street #
6287
Direction
E
Street Name
Copper Hill
St Suffix
Drive
City/Township
Prescott Valley
State
AZ
Zip Code
86314
County
Yavapai
Tax Parcel
103-07-211A

General Property Description

Aprx Acres
0.32
Buildings
Yes
Total Liveable SqFt
5400
Source of Measuremnt
County Assessor
Stories
Yes
Floor
Yes
Parking Spaces
20
Year Built
1997
Management
Owner
Gross Vol/Yr $
103209
NOI $
103209
Cap %
9.35
CAM $
2.55
Baths - Full
2
Property Use
Investment Prop
Construction Status
Existing
Max Contgs/Bldg Sz
5400
Space Available
No
Date Available
2012-03-12
Total Bathrooms
3
Suite #
2
CC & R
No
CC & R Type
None
Amps
200

Tax Info

Taxes
7248
Tax Year
2016

Status Change Info

Under Contract Date
2017-09-25
Sold Date
2018-01-05
Sold Price/SqFt
171
Financing
Owner Will Carry

More Information

Property Features

Bathrooms: ADA; Interior; Separate M and W Building Type: 2-4 Units; Indust - Showroom; Office - Warehouse; Retail - Free Stand; Other - See Remarks Business Location: Freestanding Bldg; Other - See Remarks Commercial Amenities: Ceiling Ht. 16+ Construction: Block/Brick Cooling: Central Air; Evaporative Cooling; Gas Pack External Amenities: Handicap Access; Paved Parking; Security Lights Flooring: Concrete; Vinyl Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Fire/Smoke Detector; Kitchen; Security/Alarm; Other - See Remarks Parking: On-Site Possession: At Recordation Records Available: Survey Road Responsibility: County; County Maintained Road; Paved Roof: Welded Membrane Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - Septic

Documents

Listing Office: Sumner Commercial Real Estate
Last Updated: September - 14 - 2020
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