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$975,000Office in Prescott Valley


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)

Amenities
  • Zoning: C2PAD
  • Lot Size: 24829
  • Property Use: Investment Prop
  • Cooling: Gas Pack,Central Air
  • External Amenities: Handicap Access,Landscaped,Fence,Paved Parking,Drip System,Security Lights
  • Flooring: Carpet,Tile,Vinyl
  • Heating: Electric,Zoned,Natural Gas,Gas
  • Internal Amenities: Fire/Smoke Detector,Security/Alarm,Bathroom
  • Parking: On-Site
  • Roof: Tile,Asphalt Shingle
  • Building Type: Other - See Remarks,Office - Building
  • Commercial Amenities: Ceiling Ht. Under 12,Ceiling Ht. 12-15
Schools


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Sandra F Shaffer
Agency
7763 E Florentine Road Prescott Valley, AZ
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