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$975,000Office in Prescott Valley


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Offered by: Sandra Shaffer , (928) 899-3111 , Sandy@investsw.com
Address: | 7763 E Florentine Road | ||
Price: | $975,000 | ||
Location: | Prescott Valley, AZ | MLS #: | 1024395 |
Zip Code: | 86314 | Sq. Feet : | 5,540 |
County: | Yavapai | Bedroom: | |
Neighborhood: | Bath: | ||
Year Built: | 1997 | Acreage: | 0.57 |
Description: SINGLE TENANT NET LEASE investment opportunity at a 8.69% Cap Rate. SW Behavioral Health is under lease to 7/2021 with a rent increase in July of 2020 bringing the return to 8.95% in the final year. Well-Maintained Pride of Ownership asset with a strong credit Tenant. Short lease term allows investor to reposition the asset. 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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7763 E Florentine Road Prescott Valley, AZ