Great Traffic, Visibility & PRICE
September 25, 2009 by Admin · Leave a Comment
.51 acre, zoned BR (verify with city of Prescott) corner property taken back by foreclosure. 180′ frontage, 2 parcels, APN 114-02-051,052.
Former car sales center. ++ location, w/30K+ cars per day on Sheldon. Lit parking, roll-up door. Walk to/from Yavapai College.
CAP this property at approximately 9% with just $35k NOI at full list price. This property has good investor upside potential. Use subject to buyer verification and city approvals.
LIST PRICE: $375,000 928-777-8100 for key.
Potential retail center, auto sales, RV, Sports vehicles, fast food, professional offices and potential multi-family. At this price, sound investment. Prev list price $1,350,000. Owner may carry, subject to terms.
Contact Donald Teel by email or, if you prefer by calling 928.777.8100. Visit CommercialWebPage.com.
Two Buildings, Incentive & Upside
September 9, 2009 by Mary Jo Kirk, CCIM · Leave a Comment
PRICED TO SELL! 7,564 sf Business Park located in the Chino Valley Business Park & Marketplace. Two single story buildings constructed on 1 acre in 2004-2005 with peeled pole detail and rock facing. Buildings are currently 56% occupied.
Owner will pre-pay rents for one year on half of the vacant space. Previously traded at 1.3M, priced now well below replacement. Huge upside on this property, 10% CAP when fully occupied. Currently in Foreclosure proceedings. Great opportunity for Owner/User.
Other Marketplace tenants include Family Dollar, Pizza Hut, Liquor Barn and other office tenants. Located Just off Hwy 89 with substantial parking in private off-street lot.
See this property on LoopNet. Email Bebe Wright, CCIM, Arizona Commercial or, if you prefer call her at 928.776.8460, extension 14.
