Prescott, AZ Real Estate

1201 Iron Springs Road, Prescott, AZ 86305 (MLS # 1016080)

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PRICE $1,980,000
SIZE 13,000 sq ft
LOT SIZE 37,026 sqft

Newly renovated strip center currently leased to 11 tenants. 2 vacant suites will be guaranteed by owner. Excellent visibility, New paint, signage, monument signs, tenant improvements, awnings and doors (to be installed). Excellent cap rate of 7.18% and NOI of $142,231 which includes expenses management and 5% vacancy. Tenants include Spicy Streats, That Salad Place, Haute SLocks, JVapes, Rock Climbing Gym, Crossfit and Prescott Laundry.

DAYS ON MARKET 8 LAST UPDATED 10/10/2018
TRACT None YEAR BUILT 1973
COUNTY Yavapai STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
BUILDING TYPE 5+ Units, Retail - Free Stand, Retail - Shopping Center
BUSINESS LOCATION Commercial Strip, Corner Location
COMM TYPE Retail
COMMERCIAL AMENITIES Roll-Up Door(s)
CONSTRUCTION Block/Brick, Stucco
COOLING Central Air
EXTERNAL AMENITIES Paved Parking
FLOORING Concrete, Tile, Wood
HEATING Gas
INTERNAL AMENITIES Fire/Smoke Detector
MANAGEMENT Mgmt Company
PROPERTY USE Investment Prop
RECORDS AVAIL Alta Survey, Phase I, Survey
REO/SHORT SALE Not Applicable
ROAD ACCESS MAINT City
ROOF Rolled/Hot Mop
SOURCE OF MEASUREMNT County Assessor
UTILITIES INSTALLED Individual Meter, Natural Gas, Telephone, Water - City, WWT - City Sewer

ZESTIMATE
  1201 Iron Springs Road, Prescott, AZ

RENT ZESTIMATE
  1201 Iron Springs Road, Prescott, AZ

62 Somewhat Walkable



 
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Listed with ARIZONA COMMERCIAL LLC
Listing information is deemed reliable, but not guaranteed.