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
Vac Rate %: 0
GRM: No
Traffic Count Per Day: 0

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

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

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.

More Information

Office/Member Info

Listing Exclusions: No

Building Type

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

Construction

Block/Brick: Yes

Cooling

Central Air: Yes
Evaporative Cooling: Yes
Gas Pack: Yes

External Amenities

Handicap Access: Yes
Paved Parking: Yes
Security Lights: Yes

Flooring

Concrete: Yes
Vinyl: Yes

Heating

Natural Gas: Yes

Possession

At Recordation: Yes

Records Available

Survey: Yes

Road Responsibility

County: Yes
County Maintained Road: Yes
Paved: Yes

Roof

Welded Membrane: Yes

Bathrooms

ADA: Yes
Interior: Yes
Separate M and W: Yes

Business Location

Freestanding Bldg: Yes
Other - See Remarks: Yes

Terms & Conditions

Submit: Yes

Commercial Amenities

Ceiling Ht. 16+: Yes

Utilities Installed

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

Internal Amenities

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

Parking

On-Site: Yes

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

Brochure ›

Listing Office: Sumner Commercial Real Estate

Last Updated: September - 14 - 2020

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.