$990,000
$990,000
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3,360 SqFt
SOLD DATE : 04/18/2022
Key Details
Sold Price $990,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $294
Subdivision Under 5 Acres
MLS Listing ID 528700
Sold Date 04/18/22
Originating Board Sedona Verde Valley Association of REALTORS®
Year Built 1995
Annual Tax Amount $9,877
Lot Size 0.700 Acres
Acres 0.7
Property Description
This location is directly on State Route 260 one block off of interstate 17 with signage visible from the interstate. The property has tremendous value in a post covid world with both tenants ''Dairy Queen and Gabriella's'' having a drive through that sustained them during the pandemic. While many restaurants suffered during the pandemic both Dairy Queen and Gabriella's thrived. Both also have nice seating space that balance out their sales with both drive though and dine in service. Both Tenants are popular local spots with the added benefit of the freeway offramp that is one block away. The Dairy Queen franchise and Gabriella's Mexican Restaurant leases renew in 2025. Dairy Queen has 3.5 Stars on Trip Advisor, and Gabriella's has 4.5 stars on Yelp.
Location
State AZ
County Yavapai
Community Under 5 Acres
Direction From Interstate 17 and SR 260 travel east for 1 block on SR 260. Restaurant is on left side of highway
Interior
Heating See Remarks
Cooling Central Air
Exterior
Parking Features Off Street, 20+ Cars
Others
Tax ID 40322026t
Security Features Fire/Smoke Alarm
Acceptable Financing Cash to New Loan, 1031 Exchange, Cash
Listing Terms Cash to New Loan, 1031 Exchange, Cash
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Broker Associate | License ID: BR533751000