3241 Tower Road, Prescott, AZ 86305
sale
$1,500,000
|
Other
Courtesy Of Arizona Commercial LLC
Property Description: This 6,425 sq ft industrial building sits just off Willow Creek Rd in the Sandretto Hills Subdivision. The property blends two stories of turnkey office space with a functional warehouse area that was previously used for heavy equipment repair, featuring three 14' by 12' wide roll-up doors for easy loading or access. The two-story office component is fully climate-controlled to ensure a comfortable work environment year-round. The parking is incredible for an industrial property, and the fenced yard is hard to find. All this, and the going in actual CAP RATE is 8.49% which is unheard of. The current Tenant has called the space home for over 20 years and maintains a remaining Lease term of 2 years, with an option to renew for an additional 5 years. The NNN lease structure enhances its appeal for passive ownership, providing predictable, low-maintenance occupancy and favorable long-term ROI. Ideal for investors seeking a flexible, well-located industrial property with enduring tenant retention.
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Property Features
- Age: 41-50 Years Old
- Amenities: Disabled Access
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Block/Brick
- Floor Covering: Concrete
- Floor Covering: Carpet
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Zoned
- Heating System: Natural Gas
- Legal Description: SANDRETTO HILLS PHASE 1 LOT 10
- MLSID: 1077148
- Parking Spaces: 24
- Roof Type: Metal
- Rooms: Kitchen
- Rooms: Bathroom 2
- Rooms: Bathroom 1
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