914 E Gurley, Prescott, AZ 86301 (MLS# 960140)

914 E Gurley, Prescott, AZ 86301

$1,420,000
Property Type: Commercial/Indstrial Square Footage: 11,892 Status: Closed
Current Price: $1,420,000 List Date: 11/11/2011 Last Modified: 6/05/2023

Overview

Description

100% leased investment, 8% cap rate, 9.9% cash on cash return. Long term leases, Windermere has signed a 10 year lease and Lawyers/Fidelity has signed a 5 year lease. Excellent investment property with minimal Landlord responsibilities. See attachment for marketing brochure.

Listing Details MLS# 960140

ContractAddressLegal

Original List Price
1489000
Listing Price
1489000
Street #
914
Direction
E
Street Name
Gurley
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
114-04-035

General Property Description

Buildings
Yes
Total Liveable SqFt
11892
Source of Measuremnt
Builder Plans
Stories
2
Parking Spaces
32
Year Built
2000
Management
Mgmt Company
NOI $
119138
Cap %
8
CAM $
5
Property Use
Investment Prop

Tax Info

Taxes
11000
Tax Year
2011

Status Change Info

Under Contract Date
2012-03-30
Sold Date
2012-03-30
Sold Price/SqFt
119
Financing
Conventional

More Information

Property Features

Bathrooms: ADA; Public; Separate M and W Building Type: Office - Building Business Location: Freestanding Bldg; Office/Professional Commercial Amenities: Ceiling Ht. Under 12 Construction: Frame - Wood; Stucco Cooling: Central Air External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Tile; Vinyl Heating: Natural Gas; Natural Gas Internal Amenities: Elevator(s); Fire/Smoke Detector; Security/Alarm; Sprinklers Parking: On-Site Possession: Subject to Tenant Records Available: Alta Survey; Phase I; Site Plan; Survey Road Responsibility: City Maintained Road Roof: Metal; Rolled/Hot Mop Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Arizona Commercial
Last Updated: June - 05 - 2023
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