3250 Gateway Blvd. Village Shops B

    Prescott, AZ 86303
    • $6,100,000
    • STATUS: Active
    • ON SITE: 194 days
    • ID#: 1018908
    UPDATED: 29 min ago
    $6,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 71,549
      SQFT
    • $85
      $/SQFT
    Type:
    Commercial
    Built:
    2001
    County:
    Area:

    School Ratings & Info

    Description

    The Largest outbuilding at the Prescott Gateway Malls Regional shopping center is Village Shops B. The 71,549 sq. ft. multi-tenant center has eight leasable suites currently occupied by Bed Bath & Beyond, Michaels, Mattress Firm, Micro AZ, Goods from the Garden and Compassion Transportation. The property is currently offered at a little over $85 dollars per square foot which is way under replacement cost. Lots of upside with over 10,000 sq. ft. of vacant space to Lease and current rents providing an 8% CAP RATE. Gateway Blvd and SR 69 is the busiest intersection on SR 69 with 46,678 vehicles per day.

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    © 2019 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Arrow Real Estate. Data last updated: 2019-09-16T17:52:58.243.
    www.shellywatne.com/homes/92347641

    3250 Gateway Blvd. Village Shops B Prescott, AZ 86303

    • Price: $6,100,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 1018908
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    71,549
    SQFT
    $85
    $/SQFT
    2001
    Built
    County:
    Yavapai
    Area:
    Prescott
    Property Description
    The Largest outbuilding at the Prescott Gateway Malls Regional shopping center is Village Shops B. The 71,549 sq. ft. multi-tenant center has eight leasable suites currently occupied by Bed Bath & Beyond, Michaels, Mattress Firm, Micro AZ, Goods from the Garden and Compassion Transportation. The property is currently offered at a little over $85 dollars per square foot which is way under replacement cost. Lots of upside with over 10,000 sq. ft. of vacant space to Lease and current rents providing an 8% CAP RATE. Gateway Blvd and SR 69 is the busiest intersection on SR 69 with 46,678 vehicles per day.
    Exterior Features

    Construction Block/BrickStuccoFrame - Steel External Amenities Handicap AccessLandscapedPaved ParkingDrip SystemSecurity Lights Lot Size Provided in Escrow Parking On-SiteTrailerTruck Roof MetalWelded Membrane

    Interior Features

    Bathrooms AdaSeparate M And WStaffInterior Bathrooms Number 12.00 Cooling Ceiling Fan(S)Central Air Flooring CarpetConcreteLaminateTileVinyl Heating Heat PumpNatural Gas Internal Amenities SprinklersFire/Smoke DetectorSecurity/AlarmCeiling Fan(S)KitchenBathroom

    Property Features

    Building Type 5+ UnitsRetail - Shopping CenterFood Service Buildings 1 Business Location Freestanding BldgCommercial Strip CAM 0.00 Cap Percent 8.00 Comm Type Shopping Center Commercial Amenities Ceiling Ht. 12-15Truck/Loading DockGrade Level Construction Status Existing GRM 11.31 Gross Vol Yr 539558.40 Management Manager NOI 488000.00 Property Use Investment Prop Records Available Elect/Hvac PlanEngr. ReportsSite PlanSurvey Reo Or Short Sale Not Applicable Road Access And Maintenance PavedMaint-Private Source Of Measurement County Assessor Space Available Yes Tax Year 2019 Taxes 17620.00 Utilities Installed Individual MeterMaster MeterNatural GasTelephoneUndergroundWater - City220ElectricityWwt - City SewerFire HydrantSecurity System Vacancy Rate Percent 17.09 Zoning Br

    Listing information © 2019 Prescott Area Association of Realtors, Inc.
    Listing provided courtesy of Matthew Fish of Sumner Commercial Real Estate.


    © 2019 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Arrow Real Estate. Data last updated: 2019-09-16T17:52:58.243.
     
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