3250 Gateway Blvd, Village Shops A

    Prescott, AZ 86303
    • $2,850,000
    • STATUS: Active
    • ON SITE: 281 days
    • ID#: 1018789
    UPDATED: 52 min ago
    $2,850,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 34,457
      SQFT
    • $83
      $/SQFT
    Type:
    Commercial
    Built:
    2001
    County:
    Area:

    School Ratings & Info

    Description

    The smallest outbuilding at the Prescott Gateway Malls Regional shopping center is Village shops A. The 34,457 sq. ft. multi-tenant center has eight leasable suites currently occupied by Pier 1 Imports, Chico's, Game On, Pralines of Prescott, #1 Alterations and Starting Point Church. The property is currently offered at a little over $82 per square foot which is way under replacement cost. Lots of upside with two more spaces to Lease and current rents providing an 8% CAP RATE. Gateway Blvd and SR 69 is the busiest intersection on SR 69 with 46,678 vehicles per day.

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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: 2019-12-05T23:50:53.257.
    www.prescottareaproperty.com/homes/92199824

    3250 Gateway Blvd, Village Shops A Prescott, AZ 86303

    • Price: $2,850,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 1018789
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    34,457
    SQFT
    $83
    $/SQFT
    2001
    Built
    County:
    Yavapai
    Area:
    Prescott
    Property Description
    The smallest outbuilding at the Prescott Gateway Malls Regional shopping center is Village shops A. The 34,457 sq. ft. multi-tenant center has eight leasable suites currently occupied by Pier 1 Imports, Chico's, Game On, Pralines of Prescott, #1 Alterations and Starting Point Church. The property is currently offered at a little over $82 per square foot which is way under replacement cost. Lots of upside with two more spaces to Lease and current rents providing an 8% CAP RATE. Gateway Blvd and SR 69 is the busiest intersection on SR 69 with 46,678 vehicles per day.
    Exterior Features

    Construction Block/BrickStuccoFrame - Steel External Amenities Handicap AccessLandscapedPaved ParkingDrip SystemSecurity Lights Parking On-SiteTrailerTruck Roof Metal

    Interior Features

    Bathrooms PublicAdaSeparate M And WInterior Cooling Central Air Flooring CarpetConcreteTileVinyl Heating Natural GasGas Internal Amenities SprinklersFire/Smoke DetectorSecurity/AlarmCeiling Fan(S)KitchenBathroom

    Property Features

    Building Type 5+ UnitsRetail - Shopping CenterFood Service Buildings 1 Business Location Freestanding Bldg Business Type Retail CAM 23304.00 Cap Percent 8.00 Comm Type Retail Commercial Amenities Ceiling Ht. 12-15Truck/Loading DockGrade Level Construction Status Existing GRM 10 Gross Vol Yr 284546.36 Management Manager NOI 227637.09 Property Use Investment Prop Records Available Alta SurveyElect/Hvac PlanEngr. ReportsSite PlanSurvey Reo Or Short Sale Not Applicable Road Access And Maintenance PavedMaint-Private Source Of Measurement County Assessor Space Available Yes Tax Year 2019 Taxes 8291.00 Utilities Installed Master MeterNatural GasTelephoneUndergroundWater - City220ElectricityWwt - City SewerFire Hydrant Vacancy Rate Percent 10.00 Zoning Br Zoning Description Business Regional

    Listing information © 2019 Prescott Area Association of Realtors, Inc.
    Listing provided courtesy of Matthew Fish 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: 2019-12-05T23:50:53.257.
     
    RE/MAX Mountain Properties
    5010 Bear Way
    Prescott AZ, 86301