5980 E Coury Drive, Cottonwood, AZ 86326
sale
$5,777,862
|
Commercial
Courtesy Of Berkshire Hathaway Home Servicies Arizona Properties
Ford Dealership leased to Jones Ford selling at a high Cap Rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford in on June 30 of 2015. The lease rate is $25,000 per month has not changed since the inception of the lease. In addition to the lease revenue their is a sales tax rebate in a development agreement that is equal to 1/2 of the city sales tax collected by the town of Camp Verde The Dealership has 28,490 Square Feet of building and is located on 242,490 SQ FT of land. The property is Ford Approved and was designed to meet Ford Dealership Standards in 2006. The building includes a spacious show room, offices, service center, part department, waiting room, public and private restrooms. The lease with Jones renews in July of 2024.
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Property Features
- Age: 11-20 Years Old
- Amenities: Lawn
- Architecture Style: Other
- Exterior Type: Block
- Exterior Type: Metal
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Heat Pump
- MLSID: 529034
- Roof Type: Unknown
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