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901 E Willow Lake Rd
Prescott Valley, AZ 86301
CVS w/ DriveThru | 22yr Abs NNN · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,186 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.96 AC
Zoning
C
Parking
82 Spaces (6.22 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

ABOUT 901 E WILLOW LAKE RD , PRESCOTT VALLEY, AZ 86301

The subject property is strategically positioned at the signalized, hard corner intersection of Willow Lake Rd. and Willow Creek Rd., averaging 15,800 combined vehicles passing by each day. CVS is equipped with a drive-thru, providing ease and convenience for customers. On average, stores with drive-thrus experience higher sales. The site is complete with a monument sign at the intersection providing excellent visibility and frontage along both cross streets. CVS is ideally positioned across from a Fry’s Food & Drug anchored center within a primary retail corridor serving Northern Prescott. Other nearby national/credit tenants include McDonalds, Starbucks, Chase Bank, Wells Fargo, and more, increasing consumer draw to the trade area and promoting crossover shopping to the site. Moreover, the site is located about 4 miles south of the Ernest A. Love Field Airport, a growing regional airport which reported 59,553 passengers in 2017, a 55% increase from 2016. The airport has undergone drastic development over the past 5 years, including electrical efficiency updates, development for military-based operations, and more, helping the airport have over $68 million in total economic activity. Embry-Riddle Aeronautical University (2,663 students) uses the airport as well, and is located about a mile north of the subject property. The 5-mile trade area is supported by nearly 47,000 residents and more than 33,000 employees. Households in the 3-mile trade area have a healthy average income of $76,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
106-20-501
Land Assessment
$1,203,315
Improvements Assessment
$3,154,720
Total Assessment
$4,358,035
  • Listing ID: 14360346

  • Date on Market: 11/12/2018

  • Last Updated:

  • Address: 901 E Willow Lake Rd, Prescott Valley, AZ 86301

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