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

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.

More Information MLS# 961184

Contract/Address/Legal

List Price/SqFt: 185 Comm Type: Special Purpose REO/Short Sale: Not Applicable Zoning: C1-3 Business Name: Yavapai Herbal Services Zoning Description: Light Commercial Business Type: Retail Assessor's Book #: 103 Assessor's Map #: 7 Assessor's Parcel #: 211 Assessor Parcel Ltr: A Legal: Prescott East Unit 1 Lots 35 & 36 Sec 22-14-1w

General Property Description

Aprx Acres: 0.32 Lot Size: 116 x 120 Buildings: 1 Source of Measuremnt: County Assessor Stories: 1 Floor: 1 Parking Spaces: 20 Management: Owner Gross Vol/Yr $: 103209 Vac Rate %: 0 CAM $: 2.55 GRM: 0 CC & R: No CC & R Type: None Traffic Count Per Day: 0 Property Use: Investment Prop Construction Status: Existing Max Contgs/Bldg Sz: 5400 Space Available: No Date Available: 2012-03-12 Suite #: 2 Amps: 200 Total Liveable SqFt: 5400 Year Built: 1997 NOI $: 103209 Cap %: 9.35 Baths - Full: 2 Total Bathrooms: 3

Tax Info

Taxes: 7248 Tax Year: 2016

Remarks & Misc

Directions: Prescott Valley-- Hwy 69 west to Prescott East Hwy, north on Prescott East Hwy to Copper Hill, E on Copper Hill to property on south side. Remarks: 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.

Office/Member Info

Listing Exclusions: No

Status Change Info

Sold Price/SqFt: 171 Financing: Owner Will Carry Under Contract Date: 2017-09-25 Sold Date: 2018-01-05 Sold Price: $925,000

Building Type

2-4 Units: 1 Indust - Showroom: 1 Office - Warehouse: 1 Retail - Free Stand: 1 Other - See Remarks: 1

Construction

Block/Brick: 1

Cooling

Central Air: 1 Evaporative Cooling: 1 Gas Pack: 1

External Amenities

Handicap Access: 1 Paved Parking: 1 Security Lights: 1

Flooring

Concrete: 1 Vinyl: 1

Heating

Natural Gas: 1

Possession

At Recordation: 1

Records Available

Survey: 1

Road Responsibility

County: 1 County Maintained Road: 1 Paved: 1

Roof

Welded Membrane: 1

Bathrooms

ADA: 1 Interior: 1 Separate M and W: 1

Business Location

Freestanding Bldg: 1 Other - See Remarks: 1

Terms & Conditions

Submit: 1

Commercial Amenities

Ceiling Ht. 16+: 1

Utilities Installed

220: 1 Electricity: 1 Individual Meter: 1 Natural Gas: 1 Telephone: 1 Water - City: 1 WWT - Septic: 1

Internal Amenities

Bathroom: 1 Fire/Smoke Detector: 1 Kitchen: 1 Security/Alarm: 1 Other - See Remarks: 1

Parking

On-Site: 1

ContractAddressLegal

Original List Price: 749000 Listing Date: 2012-03-12 Status: Closed 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

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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