7763 E Florentine Rd
Prescott Valley, AZ 86314
Office Property For Sale
Investment Highlights
- Single Tenant Net Lease
- Exceptional Location
- Quality Tenant
- Great Return
- Located across from Hospital Entrance
- Located in Opportunity Zone
Property Facts
Amenities
- Security System
- Central Heating
- Partitioned Offices
- Reception
- Drop Ceiling
- Wi-Fi
- Monument Signage
- Air Conditioning
About 7763 E FLORENTINE RD , PRESCOTT VALLEY, AZ 86314
SINGLE TENANT NET LEASE investment opportunity at a 8.69% Cap Rate. Southwest Behavioral Health is under lease to July of 2021 with a rent increase in July of 2020 bringing the return to 8.95% in the final year. Well-Maintained Pride of Ownership asset with a strong credit Tenant. The short lease term allows the investor to reposition the asset. Located within Prescott Valley’s Opportunity Zone designation gives the investor the option to delay capital gains (see: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions). The building is within the desirable shopping, entertainment and medical hub of Prescott Valley directly across from the entrance to Yavapai Regional Medical Center East and just blocks from the Findlay Toyota Center. The Tenant is willing to vacate for an Owner/User occupancy. Location, traffic, strong monument signage and plentiful parking make this building very desirable for many users. Medical office use is a possibility but must be confirmed with the city.
Property Taxes
| Parcel Number | 103-02-710W | Improvements Assessment | $1,029,216 |
| Land Assessment | $265,678 | Total Assessment | $1,294,894 |
Property Taxes
