Viewing Listing MLS# 529034

$5,777,862 | N/A beds | N/A full baths | N/A half baths | 28,468 sqft

$5,777,862 Reduced -$2,221,138
5980 E Coury Drive
Cottonwood, AZ 86326
  • N/ABeds
  • 0.00Total Baths
  • 28,468SqFt
  • 2007Year Built
  • 5.25Acres
  • 15 yearsEst Age
  • MLS# 529034
  • Commercial
  • Commercial
  • Active

  • Approx Time on Market7 months, 14 days
  • Area20 - Verde North of I - 17
  • CountyYavapai
  • Subdivision5 Acres Or More

Overview

100% leased Ford Dealership leased to long term dealership selling at a 5.7 Cap Rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford in on June 30 of 2015. The Jones network of Dealerships has been selling cars in Arizona since 1967, has a good reputation and is operating in multiple locations around the state. The annual net operating income for the property is 462,269.00. The Dealership has 28,490 Square Feet of building and loads of display space on the 242,490 square foot parcel. The Dealership 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.


Building Info

Year Built:  2,007

Construction:  Metal, Block

Floors:  Vinyl Plank, Tile, Carpet

Internal Amenities:  None

Roof Materials:  Rolled/Hot Mop

Type Building:  Warehouse, Office, Retail

Financial

Asking Price Text:  $5,777,862

Lot Info

Acres:  5

Road Access Type:  City, County

Misc Info

Pet Privileges:  No

Commercial Amenities:  Roll Up Doors, Ceiling Hght 16 +, Ceiling Hght 12 - 15, 440 Outlet

External Amenities:  Fenced Backyard, Landscape

Parking Info

Parking Spaces:  20+ Cars, Off Street

Property Info

Class Type:  Commercial

County:  Yavapai

Road Maintenance:  City Maintained, County Maintained

Sale / Lease Info

Special Conditions:  N/A

SqFt Info

Sqft:  28,468

Lot Size:  530 X 462

Utilities / HVAC

Cooling:  Refrigeration/Centrl

Heating:  Heat Pump

Utilities Included:  Individual Meter, Telephone, Public Water, Septic, Electricity, 3 Phase

Water Heater:  Electric

Courtesy of Berkshire Hathaway Home Servicies Arizona Properties 

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Price & Status History (on buysedonanow.com since Mon, Feb 21st 2022)
  • Original Price: $7,999,000
  • Current Price: $5,777,862
  • Price Reduced: $2,221,138
Date ChangedFromTo
09/28/2022$7,999,000 $5,777,862 Reduced by $2,221,138

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