1750 E Villa Drive, Cottonwood, AZ 86326 (MLS# 171889)


$4,375,000
1750 E Villa Drive
Cottonwood, AZ 86326
MLS# 171889
42589 sqft


1750 E Villa Drive, Cottonwood, AZ 86326
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Property Description
7.1% Cap Rate! Retail/Office property in highly desired professional area of Cottonwood. Five buildings totaling 42,589 SF on 3 parcels. You simply cannot replicate this property at this price. Built, owned and managed by the same owner and the care shows throughout. 92% Occupied. Each 2 story building has an elevator (3 in total). 208 parking spaces. Buildings are sprinkled/monitored and individually metered for utilities. Each unit has its own restroom. Three loading docks/warehouse roll-up doors. Property includes 3 parcels; 406-04-036S, 406-04-036T and 406-04-036Q.

Details
Maps
Contract Info
Original List Price: 4375000
List Price: $4,375,000
Current Price: $4,375,000
List Price/SqFt: 102.73
Property Sub-Type: Commercial Mix Use
Location, Tax & Legal
County: Yavapai
Region: 1 - Other Area
Area: 70 - Cottonwood/Clarkdale
APN: 406-04-036S, 406-04-036T, 406-04-036Q
Street #: 1750
Direction: E
Street Name: Villa
Suffix: Drive
City/Town Code: Cottonwood
State/Province: AZ
Zip Code: 86326
Taxes: 38930
Tax Year: 2017
Geo Lat: 34.726694
Geo Lon: -112.006022
Key Words
Sale/Rent: Sale
Net Op Inc: CLO
Cap Rate: 8 - 8.9%
Down Payment: Submit
Imprv Sz (Gross SF): 20,000 - 49,999
#Tenants/Units: 20 - 49
Land Size: 1 - 4.9 AC
Trade/Exchange: Not Applicable
General Property Description
Approx SqFt: 42589
Remarks & Misc
Directions: Located off State Route 260 between Main Street and Cove Parkway near Verde Valley Medical Center and Old Town Cottonwood.
Status Change Info
Status: Active
Property Features
To Show: Special/CLO
Terms of Sale: Cash; Exchange; Submit
Interior Amenities: Elevators/Public; Fire Alarm Sys.; Sprinklers
Exterior Amenities: Handic. Access; Landscaped; Loading Docks; Sprinkler System
Occupancy: Partially Leased
Management: Owner
Construction: One Story; Two Story; Stucco
Roof: Tile
Heating/Cooling: Central A/C; Gas
Utilities: City Water; Electric; Indiv Metered; Natural Gas; Sewer; Telephone
Lot Street Imprvmnts: Curbs; Paved Parking; Sidewalks
Location: Freestanding
Freeway Turn Time: 5-9 Min
Possession: COE +

Listing Office: da Vinci Realty

Last Updated: January - 09 - 2018

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Monday 22nd of January 2018 02:06 PM