6594/6616 E 2nd Street, Prescott Valley, AZ 86314
$2,525,000
Property Type:
Commercial/Indstrial
Baths:
12
Square Footage:
22,049
Lot Size (sq. ft.):
102,802
Status:
Closed
Current Price:
$2,525,000
List Date:
7/15/2019
Last Modified:
8/05/2020
Description
PRIME RETAIL STRIP CENTER WITH HIGHWAY 69 FRONTAGE IN THE BUSIEST CORRIDOR OF PRESCOTT VALLEY! These two buildings were built in 2002 & 2004. Fantastic Parking ratio of 7.54 spaces per 1000 sq. ft. (166 parking spaces total). There are 12 leasable suites in the two buildings. Very diverse internet resistant tenant mix that range from International companies to sole proprietors. Wonderful exposure with an average traffic count of 39052 vehicles per day. Ingress and Egress from both 2nd street and 1st street. 100% Leased and offered at a 7% Cap Rate. Financials are available with a signed Non-Disclosure Agreement.
More Information MLS# 1022913
ContractAddressLegal
Original List Price: 2960000
Listing Date: 2019-07-15
Status: Closed
Listing Price: 2499000
Street #: 6594/6616
Direction: E
Street Name: 2nd
St Suffix: Street
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
County: Yavapai
Tax Parcel: 103-08-042E &
General Property Description
Lot Size: 102801.6
Aprx Acres: 2.36
Buildings: 2
Total Liveable SqFt: 22049
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 166
Year Built: 2004
Management: Owner
Gross Vol/Yr $: 326465.68
NOI $: 219847.68
Cap %: 8.8
Baths - Full: 12
GRM: 6.8
Traffic Count Per Day: 39052
Property Use: Investment Prop
Construction Status: Existing
Space Available: Yes
Date Available: 2019-07-15
Total Bathrooms: 12
Tax Info
Taxes: 62990
Tax Year: 2018
Status Change Info
Under Contract Date: 2019-11-14
Sold Date: 2019-12-24
Sold Price: $2,525,000
Sold Price/SqFt: 115
Financing: Exchange
Construction
# of Bays: 2
Bay Door Height: 10'
Property Features
Bathrooms: Interior; Public; Staff
Building Type: 5+ Units; Retail - Shopping Center
Business Location: Commercial Strip; Freestanding Bldg; Multiple Locations
Commercial Amenities: Grade Level; Roll-Up Door(s); Ceiling Ht. Under 12; Overhead Door(s)
Construction: Block/Brick; Stucco
Cooling: Central Air
External Amenities: Handicap Access; Landscaped; Paved Parking; Security Lights
Flooring: Carpet; Concrete; Laminate; Wood
Heating: Heat Pump; Natural Gas; Natural Gas
Internal Amenities: Bathroom; Fire/Smoke Detector
Parking: On-Site; Street Parking; Trailer; Truck
Possession: Other
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Rolled/Hot Mop
Utilities Installed: Electricity; Individual Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Sumner Commercial Real Estate
Last Updated: August - 05 - 2020
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