$5,777,862 | N/A beds | N/A full baths | N/A half baths | 28,468 sqft

$5,777,862 No Recent Price Change
5980 E Coury Drive
Cottonwood, AZ 86326
  • N/ABeds
  • 0.00Total Baths
  • 28,468SqFt
  • 2007Year Built
  • 5.25Acres
  • 17 yearsEst Age
  • MLS# 529034
  • Commercial
  • Commercial
  • Active

  • Approx Time on Market2 years, 3 months, 28 days
  • Area20 - Verde North of I - 17
  • CountyYavapai
  • Subdivision5 Acres Or More

Overview

Ford Dealership leased to Jones Ford selling at a high Cap Rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford in on June 30 of 2015. The lease rate is $25,000 per month has not changed since the inception of the lease. In addition to the lease revenue there is a sales tax rebate in a development agreement that is equal to 1/2 of the city sales tax collected by the town of Camp Verde The Dealership has 28,490 Square Feet of building and is located on 242,490 SQ FT of land. The property is Ford Approved and was designed to meet Ford Dealership Standards in 2006. The building includes a spacious show room, offices, service center, part department, waiting room, public and private restrooms. The lease with Jones renews in June of 2029.


Building Info

Year Built:  2,007

Construction:  Block, Metal

Floors:  Carpet, Tile, Vinyl Plank

Internal Amenities:  None

Roof Materials:  Rolled/Hot Mop

Type Building:  Office, Retail, Warehouse

Financial

Asking Price Text:  $5,777,862

Lot Info

Acres:  5

Road Access Type:  City, County

Misc Info

Pet Privileges:  No

Commercial Amenities:  440 Outlet, Ceiling Hght 12 - 15, Ceiling Hght 16 +, Roll Up Doors

External Amenities:  Fenced Backyard, Landscape

Parking Info

Parking Spaces:  20+ Cars, Off Street

Property Info

Class Type:  Commercial

County:  Yavapai

Road Maintenance:  City Maintained, County Maintained

Sale / Lease Info

Special Conditions:  N/A

SqFt Info

Sqft:  28,468

Lot Size:  530 X 462

Utilities / HVAC

Cooling:  Evaporative Cooling, Refrigeration/Centrl

Heating:  Heat Pump

Utilities Included:  3 Phase, Electricity, Individual Meter, Public Water, Septic, Telephone

Water Heater:  Electric

Courtesy of Berkshire Hathaway Home Servicies Arizona Properties 

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On remax-sedona-az.com since Mon, Feb 21st 2022
No Property History recorded for this listing.

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