1955 Commerce Center Circle , A, B, C, D

    Prescott, AZ 86301
    • $1,100,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 1025820
    UPDATED: 73 min ago
    $1,100,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,496
      SQFT
    • $169
      $/SQFT
    Type:
    Commercial
    Built:
    2005
    County:
    Area:

    School Ratings & Info

    Description

    Professional office investment property FOR SALE. Centrally located between Prescott, Prescott Valley and Chino Valley and within the City of Prescott located at 1955 Commerce Center Circle. Excellent Tenant mix with the A/B suite combined and leased by Mandalay Communities, the C suite is broken into professional offices and has 2 Tenants; Terra Sole Landscaping and Bank of Colorado and 1 vacancy of 498 sq. ft. and the D suite is leased to Evergreen Home Loans. Occupancy is 92% and a 7.85% cap rate. Property is under a POA and the quarterly fees are $632.78 which includes water, sewer, trash, parking lot maintenance and landscape maintenance. Large common parking area, low maintenance stucco exterior with tile roof, well designed interior offices with 2 restrooms per suite, MOREkitchenettes in all, new flooring and paint in the A/B suite, conference rooms and combined workspaces. Excellent visibility from Prescott Lakes Parkway. Please allow a 24 / 48 hour notice to show due to the number of Tenants that need to be noticed.

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    © 2019 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Mountain Properties. Data last updated: 2019-11-19T20:50:56.76.
    www.prescottareaproperty.com/homes/100674734

    1955 Commerce Center Circle , A, B, C, D Prescott, AZ 86301

    • Price: $1,100,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: 1025820
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    6,496
    SQFT
    $169
    $/SQFT
    2005
    Built
    County:
    Yavapai
    Area:
    Prescott
    Property Description
    Professional office investment property FOR SALE. Centrally located between Prescott, Prescott Valley and Chino Valley and within the City of Prescott located at 1955 Commerce Center Circle. Excellent Tenant mix with the A/B suite combined and leased by Mandalay Communities, the C suite is broken into professional offices and has 2 Tenants; Terra Sole Landscaping and Bank of Colorado and 1 vacancy of 498 sq. ft. and the D suite is leased to Evergreen Home Loans. Occupancy is 92% and a 7.85% cap rate. Property is under a POA and the quarterly fees are $632.78 which includes water, sewer, trash, parking lot maintenance and landscape maintenance. Large common parking area, low maintenance stucco exterior with tile roof, well designed interior offices with 2 restrooms per suite, MOREkitchenettes in all, new flooring and paint in the A/B suite, conference rooms and combined workspaces. Excellent visibility from Prescott Lakes Parkway. Please allow a 24 / 48 hour notice to show due to the number of Tenants that need to be noticed.
    Exterior Features

    Construction StuccoFrame - Wood External Amenities Handicap AccessLandscapedPaved Parking Lot Size 8276 Parking On-Site Roof Tile

    Interior Features

    Bathrooms AdaSeparate M And WStaff Bathrooms Number 8.00 Cooling Central Air Flooring CarpetLaminateTile Heating Gas Internal Amenities SprinklersFire/Smoke DetectorSecurity/AlarmKitchen Max Contgs Bldg Size 6496

    Property Features

    Building Type Office - Building2-4 Units Buildings 1 Business Location Office/ProfessionalFreestanding BldgBusiness ParkCorner Location CAM 0.00 Cap Percent 7.85 Ccr Fees 632.78 Ccr Frequency Quarterly CCRs Yes Comm Type Office Commercial Amenities NoneCeiling Ht. Under 12 Construction Status Existing GRM 0 NOI 0.00 Records Available Other - See Remarks Reo Or Short Sale Not Applicable Road Access And Maintenance CityPavedMaint-City Source Of Measurement County Assessor Space Available Yes Tax Year 2019 Taxes 7454.00 Utilities Installed Individual MeterNatural GasTelephoneUndergroundWater - CityElectricityWwt - City Sewer Vacancy Rate Percent 0.00 Zoning It-Pad

    Listing information © 2019 Prescott Area Association of Realtors, Inc.
    Listing provided courtesy of Angela R. Sumner of Sumner Commercial Real Estate.


    © 2019 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Mountain Properties. Data last updated: 2019-11-19T20:50:56.76.
     
    RE/MAX Mountain Properties
    5010 Bear Way
    Prescott AZ, 86301