Prescott, AZ 86305,3120 Clearwater DR
Prescott, AZ 86305,3120 Clearwater DR
Prescott, AZ 86305,3120 Clearwater DR
29
Listed by Better Homes And Gardens Real Estate Bloomtree Realty
Bought with Better Homes And Gardens Real Estate Bloomtree Realty
$1,400,000
Est.Price: ?

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0.7 Acres Lot

3120 Clearwater DR Prescott, AZ 86305

Est. payment /mo
SOLD DATE : 11/27/2024

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Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Health Care Institutions

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1063042

Sold Date 11/27/24

Originating Board paar

Year Built 2003

Annual Tax Amount $9,260

Tax Year 2023

Lot Size 0.700 Acres

Acres 0.7

Property Description

Rare Opportunity to purchase this Credit Single Tenant, Medical Office, NNN Leased Investment located within the Crossings commercial subdivision in Prescott AZ. Offered at $1,400,000, the Going-in CAP Rate is 6.77% with a projected five-year average of 7.14%. This 4,493-sf, single story, medical office building has been leased by Dignity Health/YRMC since 2012. The current lease expires on 3-31-26; however, Dignity Health has one 5-year lease option remaining at 3.0% annual increases with a 12-month written notice by Tenant. Originally built in 2003, the building is in excellent condition and features 12 exam rooms, 2 nurse stations, business office bullpen, manager office, large waiting room, reception desk, a kitchen/break room, 3 storage rooms, 4 restrooms and a private outside patio

Location

State AZ

County Yavapai

Interior

Interior Features Bathroom, Fire/Smoke Detector, Security/Alarm

Heating Natural Gas

Cooling Gas Pack

Flooring Tile, Vinyl

Exterior

Exterior Feature Drip System, Handicap Access, Landscaped, Paved Parking

Utilities Available Electricity On-Site, Master Meters, Natural Gas On-Site, Telephone On-Site, Water - City, WWT - City Sewer

Roof Type Tile

Total Parking Spaces 40

Building

Story 1

Structure Type Wood Frame,Stucco

Others

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

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Prescott Area Association of Realtors (PAAR MLS)

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