505 Whipple, Prescott, AZ 86301 (MLS# 1008770)

505 Whipple, Prescott, AZ 86301

$1,750,000
Property Type: Commercial/Indstrial Square Footage: 10,567 Lot Size (sq. ft.): 27,878 Status: Closed
Current Price: $1,750,000 List Date: 1/05/2018 Last Modified: 8/10/2022

Overview

Description

Single tenant NN opportunity. Tenant has been at this location for approximately 10 years. Credit Tenant. Five year lease. Property is comprised of building and 3 parcels totalling .64 acres, NOB Zone. Located in flood plain. 8.57% cap at asking!

Listing Details MLS# 1008770

ContractAddressLegal

Original List Price
1750000
Listing Price
1750000
Street #
505
Street Name
Whipple
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
115-05-043C

General Property Description

Aprx Acres
0.64
Buildings
Yes
Total Liveable SqFt
10567
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
33
Year Built
1999
Management
Owner
NOI $
150000
Cap %
8.57
Baths - Full
Yes
Property Use
Investment Prop
Space Available
No

Tax Info

Taxes
10700
Tax Year
2016

Status Change Info

Under Contract Date
2018-02-01
Sold Date
2018-03-15
Sold Price/SqFt
166
Financing
Conventional

More Information

Property Features

Bathrooms: ADA; Interior; Separate M and W Building Type: Office - Building Business Location: Corner Location Commercial Amenities: None Construction: Architect Concept; Stucco Cooling: Central Air External Amenities: Drip System; Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Fire/Smoke Detector; Sprinklers Parking: On-Site Possession: Subject to Tenant Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Rolled/Hot Mop Utilities Installed: Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial
Last Updated: August - 10 - 2022
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