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

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

General Property Description

Lot Size: 116 x 120 Aprx Acres: 0.32 Buildings: 1 Total Liveable SqFt: 5400 Source of Measuremnt: County Assessor Stories: 1 Floor: 1 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: $925,000 Sold Price/SqFt: 171 Financing: Owner Will Carry

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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