300 E Cherry St
Cottonwood, AZ 86326
Cottonwood Cultivation · Industrial Property For Sale
Property Facts
| Property Type | Industrial | Year Built | 1990 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.04/1,000 SF |
| Lot Size | 2.41 AC | Clear Ceiling Height | 12’ |
| Rentable Building Area | 17,316 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 1 | ||
| Zoning | Commercial - Commercial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.41 AC |
| Rentable Building Area | 17,316 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.04/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Commercial - Commercial |
Amenities
- Security System
About 300 E CHERRY ST , COTTONWOOD, AZ 86326
15.64% Annualized Return 300 Cherry Street is a +/- 17,165 SF building with 20,000 SF planned NEW Greenhouse addition which has over $2.1 million in Tenant improvements to date. On 3.09 acres, it has required land available for a 20,000 SF planned expansion. $3,250,000. Lease Rate 10% cash-on-cash NNN. 2.5% annual increase. 2.5% add per year on purchase price with tenant buy-back. Includes $700,000 set aside from Purchase to pay for construction of an additional 20,000 Sq. Ft of Cultivation Greenhouse. The location has some of the best Micro-Climates for the Cultivation of Medical Grade Marijuana. It is strategically located to distribute to the following Markets: 12 miles from 1 -17 18 miles from Sedona 30 miles from Prescott 40 miles from Flagstaff 85 miles from Phoenix
Property Taxes
| Parcel Number | 406-42-076A | Improvements Assessment | $1,905,456 |
| Land Assessment | $297,370 | Total Assessment | $2,202,826 |
Property Taxes
