6650 E 2nd St
Prescott Valley, AZ 86314
Retail Property For Sale

Excellent 8.55 CAP Rate. Offered at $1,895,000 ($129.80/sf) this Two Tenant Commercial Investment Property is located in the Heart of Downtown Prescott Valley along Highway 69 on the corner of 1st Street & N. Valley View. This Flex Retail, Office, Industrial building was built in 2003 and totals approx.14,130 sf and is situated on .98 acres of C-3 zoned land. There are currently two long term tenants. Sherwin-Williams, a National Credit Tenant, has been a tenant for the past 10 years and occupies approx. 5,000 sf on the south side of the building. Their lease term ends on 12-31-18 and they have two (2) five (5) year options to renew. They are expected to exercise their next 5 year option by the 3rd quarter of 2018. Fitness for 10 occupies approx. 9,600 sf. on the north side of the building. The have just completing their 3rd year at this location and have renewed their lease through May of 2021. The building is completely fire sprinklered and offers a fenced yard space along the west side that can also be used for delivery. The building can be split into 4 separate suites via 4 electrical meters, 4 restrooms, 3 - 12' roll-up doors and clear height from 18' in front down to 14' in rear of building. This building is well maintained. Please call for Non-Disclousure Agreement to be signed for additional information.