$1,200,000
$1,400,000
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11,012 SqFt
SOLD DATE : 03/31/2022
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,012 sqft
Price per Sqft $108
Subdivision Commercial Only
MLS Listing ID 529198
Sold Date 03/31/22
Originating Board Sedona Verde Valley Association of REALTORS®
Year Built 1982
Annual Tax Amount $9,025
Lot Size 0.590 Acres
Acres 0.59
Property Description
On the Market for the first time in 49 years! This 7-unit multi-tenant shopping center is a perfect addition to your portfolio. The property is 100% occupied by 6 separate tenants, new roof in February of 2022, 33 parking spaces, zoned business general, and offers great exposure along Miller Valley Road. There are a lot of upsides in increasing under market base rents, adding NNN's to the gross leases, and renegotiating month to month leases. Current financials and pro-forma available with a signed NDA.
Location
State AZ
County Yavapai
Community Commercial Only
Direction Take Miller Valley Road to Brennan.
Interior
Interior Features Security
Heating Forced Gas
Cooling Central Air
Exterior
Garage 20+ Cars
Parking Type 20+ Cars
Others
Tax ID 11307012
Security Features Fire/Smoke Alarm
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
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Broker Associate | License ID: BR533751000