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    7763 E Florentine Road

    Prescott Valley, AZ 86314
    • $895,000
    • STATUS: Active
    • ON SITE: 411 days
    • ID#: 1024395
    $895,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,540
      SQFT
    • $162
      $/SQFT
    Type:
    Commercial
    Built:
    1997
    County:

    School Ratings & Info

    Description

    SINGLE TENANT NET LEASE investment opportunity at a 8.95% Cap Rate. Southwest Behavioral Health is under lease to 7/31/2021. Well-Maintained Pride of Ownership asset with a strong credit Tenant. Short lease term allows investor to reposition the asset with a year to realize a strong return during the lease-up period. The Tenant is willing to vacate for owner/user occupancy.The building is within the desirable shopping, entertainment and medical hub of Prescott Valley directly across from the entrance to hospital and just blocks from the Findlay Toyota Convention and Events Center. Located within Prescott Valley's Opportunity Zone the investor has the option to delay capital gains (see: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions)

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    © 2020 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prescott Premier Homes | Coldwell Banker Global Luxury. Data last updated: 2020-10-24T23:51:26.62.
    www.prescottpremierhomes.com/homes/98798361
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    7763 E Florentine Road Prescott Valley, AZ 86314

    • Price: $895,000
    • Status: Active
    • ID#: 1024395
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    5,540
    SQFT
    $162
    $/SQFT
    1997
    Built
    County:
    Yavapai
    Area:
    Prescott Valley
    Property Description
    SINGLE TENANT NET LEASE investment opportunity at a 8.95% Cap Rate. Southwest Behavioral Health is under lease to 7/31/2021. Well-Maintained Pride of Ownership asset with a strong credit Tenant. Short lease term allows investor to reposition the asset with a year to realize a strong return during the lease-up period. The Tenant is willing to vacate for owner/user occupancy.The building is within the desirable shopping, entertainment and medical hub of Prescott Valley directly across from the entrance to hospital and just blocks from the Findlay Toyota Convention and Events Center. Located within Prescott Valley's Opportunity Zone the investor has the option to delay capital gains (see: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions)
    Exterior Features

    Construction Frame - WoodStucco External Amenities Drip SystemFenceHandicap AccessLandscapedPaved ParkingSecurity Lights Lot Size 24829 Parking On-Site Roof Asphalt ShingleTile

    Interior Features

    Bathrooms InteriorSeparate M And WStaffUnisex Cooling Central AirGas Pack Flooring CarpetTileVinyl Heating ElectricGasNatural GasZoned Internal Amenities BathroomFire/Smoke DetectorSecurity/Alarm Max Contgs Bldg Size 5540

    Property Features

    Building Type Office - BuildingOther - See Remarks Buildings 1 Business Location Freestanding BldgOffice/Professional CAM 3.98 Cap Percent 8.69 CCRs Yes Comm Type Office Commercial Amenities Ceiling Ht. 12-15Ceiling Ht. Under 12 Construction Status Existing GRM 0 Management Owner NOI 84752.00 Property Use Investment Prop Records Available Site PlanSurvey Reo Or Short Sale Not Applicable Road Access And Maintenance CityPaved Source Of Measurement Owner Space Available No Tax Year 2018 Taxes 11127.00 Utilities Installed 2203 PhaseElectricityIndividual MeterNatural GasSecurity SystemTelephoneWater - CityWwt - City Sewer Vacancy Rate Percent 0.00 Zoning C2pad

    Listing information © 2020 Prescott Area Association of Realtors, Inc.
    Listing provided courtesy of Sandra F Shaffer of Invest Southwest.


    © 2020 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prescott Premier Homes | Coldwell Banker Global Luxury. Data last updated: 2020-10-24T23:51:26.62.
     
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