914 E Gurley, Prescott, AZ 86301
$1,420,000
Property Type:
Commercial/Indstrial
Square Footage:
11,892
Status:
Closed
Current Price:
$1,420,000
List Date:
11/11/2011
Last Modified:
6/05/2023
Description
100% leased investment, 8% cap rate, 9.9% cash on cash return. Long term leases, Windermere has signed a 10 year lease and Lawyers/Fidelity has signed a 5 year lease. Excellent investment property with minimal Landlord responsibilities. See attachment for marketing brochure.
More Information MLS# 960140
ContractAddressLegal
Original List Price: 1489000
Listing Date: 2011-11-11
Status: Closed
Listing Price: 1489000
Street #: 914
Direction: E
Street Name: Gurley
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Tax Parcel: 114-04-035
General Property Description
Buildings: 1
Total Liveable SqFt: 11892
Source of Measuremnt: Builder Plans
Stories: 2
Parking Spaces: 32
Year Built: 2000
Management: Mgmt Company
NOI $: 119138
Cap %: 8
CAM $: 5
Property Use: Investment Prop
Tax Info
Taxes: 11000
Tax Year: 2011
Status Change Info
Under Contract Date: 2012-03-30
Sold Date: 2012-03-30
Sold Price: $1,420,000
Sold Price/SqFt: 119
Financing: Conventional
Property Features
Bathrooms: ADA; Public; Separate M and W
Building Type: Office - Building
Business Location: Freestanding Bldg; Office/Professional
Commercial Amenities: Ceiling Ht. Under 12
Construction: Frame - Wood; Stucco
Cooling: Central Air
External Amenities: Handicap Access; Landscaped; Paved Parking
Flooring: Carpet; Tile; Vinyl
Heating: Natural Gas; Natural Gas
Internal Amenities: Elevator(s); Fire/Smoke Detector; Security/Alarm; Sprinklers
Parking: On-Site
Possession: Subject to Tenant
Records Available: Alta Survey; Phase I; Site Plan; Survey
Road Responsibility: City Maintained Road
Roof: Metal; Rolled/Hot Mop
Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial LLC
Last Updated: June - 05 - 2023
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