1330 E State Route 89a, Cottonwood, AZ 86326
sale
$1,295,000
|
Retail
Courtesy Of Sumner Commercial Real Estate, Inc.
Investor- Free Standing, Single Tenant, Absolute Net lease. Tenant pays all expenses including property tax. NOI is based on Feb 2023. 6.04 % CAP Lease expires 2025, w (2) 5-yr options to renew. 3% annual rent increases. In business 38 years as a Mexican Restaurant. This is the 2nd owner. If you are an Owner/User- Tenant will vacate with 30 days notice and all the restaurant equipment stays.2 levels with 2 full kitchens. Main dining in upper level, banquets and events in lower level.Major growth area, national retailers.Do not disturb tenant. All inquiries must go through Broker.Additional .23 acre parcel is included 406-06-020C.
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Property Features
- Age: 41-50 Years Old
- Amenities: Disabled Access
- Amenities: Security System
- Architecture Style: Other
- Building Units: 1
- Cooling System: Central A/C
- Cooling System: Evaporative
- Exterior Type: Brick
- Exterior Type: Block
- Floor Covering: Laminate
- Floor Covering: Tile
- Floors: 2.0
- Heating Fuel: Natural Gas
- MLSID: 1046189
- Parking Spaces: 55
- Roof Type: Unknown
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