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611 Miller Valley Rd Rd Prescott, AZ 86301
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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
Parking Features 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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