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3250 Gateway Boulevard

Prescott, AZ 86303
  • $12,200,000
  • STATUS: Closed
  • ON SITE: 362 Days
  • ID#: 1043833
Sold - 11/15/2022
$12,200,000
SOLD - 11/15/2022
  • 0
    BEDS
  • 35.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 313,132
    SQFT
  • $39
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2001
County:
Area:

School Ratings & Info

Description

Prescott Gateway Mall is a modern, multifaceted regional shopping mall built in 2002, comprised of both an indoor traditional mall and an open-air outdoor lifestyle center. Indoors, under a magnificent exposed beam ceiling, are approximately 133,000 square feet and 67 suites, six of which serve an open and inviting food court. Outside, in the nicely landscaped open-air lifestyle center, 29 more suites occupy approximately 192,000 square feet. The property hosts national, regional and independent tenants including Bed Bath & Beyond, Michaels, Mattress Firm, Famous Footwear, Chico's, Bath & Body Works and Spencer's. Prescott Gateway Mall is an exciting value-addable opportunity for an investor looking to reposition the project. Some of the upsides include the

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© 2022 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 The Shelly Watne Group. Data last updated: 2022-11-30T10:55:20.147.
www.shellywatne.com/homes/123689082
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3250 Gateway Boulevard Prescott, AZ 86303

  • Price: $15,000,000
  • Status: Closed
  • On Site: 362 Days
  • Updated: 43 min ago
  • ID#: 1043833
0
Beds
0
Baths
0
½ Baths
35.56
Acres
313,132
SQFT
$39
$/SQFT
2001
Built
Neighborhood:
None
County:
Yavapai
Area:
Prescott
Property Description
Prescott Gateway Mall is a modern, multifaceted regional shopping mall built in 2002, comprised of both an indoor traditional mall and an open-air outdoor lifestyle center. Indoors, under a magnificent exposed beam ceiling, are approximately 133,000 square feet and 67 suites, six of which serve an open and inviting food court. Outside, in the nicely landscaped open-air lifestyle center, 29 more suites occupy approximately 192,000 square feet. The property hosts national, regional and independent tenants including Bed Bath & Beyond, Michaels, Mattress Firm, Famous Footwear, Chico's, Bath & Body Works and Spencer's. Prescott Gateway Mall is an exciting value-addable opportunity for an investor looking to reposition the project. Some of the upsides include the
Exterior Features

Construction Block/BrickFrame - Steel External Amenities Drip SystemHandicap AccessLandscapedPaved ParkingSecurity Lights Lot Size 1437480 Parking On-SiteStorageTrailerTruck Roof MetalWelded Membrane

Interior Features

Bathrooms AdaInteriorPublicSeparate M And W Bathrooms Number 75.00 Cooling Central AirHeat Pump Flooring CarpetConcreteTile Heating ElectricNatural GasZoned Internal Amenities BathroomCeiling Fan(S)Fire/Smoke DetectorKitchenSecurity/AlarmSprinklers

Property Features

Building Type 5+ UnitsRetail - Shopping Center Buildings 3 Business Location Commercial StripMultiple LocationsTraffic Signal Business Name Prescott Gateway Mall Business Type Regional Mall CAM 0.00 Cap Percent 4.80 Ccr Frequency Monthly Ccr Type Other - See Remarks CCRs Yes Comm Type Shopping Center Commercial Amenities Ceiling Ht. 16+Ceiling Ht. Under 12Grade LevelOverhead Door(S)Roll-Up Door(S)Truck/Loading Dock Construction Status Existing Financing Cash GRM 7 Gross Vol Yr 2131709.95 Management Manager Neighborhood N/A NOI 717852.85 Possession At Recordation Property Use Investment Prop Records Available Alta SurveyElect/Hvac PlanEngr. ReportsSite PlanSurvey Reo Or Short Sale Not Applicable Road Access And Maintenance Maint-PrivatePavedState Source Of Measurement County Assessor Space Available Yes Tax Year 2019 Taxes 178349.00 Utilities Installed 2203 PhaseElectricityFire HydrantIndividual MeterMaster MeterNatural GasSecurity SystemTelephoneUndergroundWater - CityWwt - City Sewer Vacancy Rate Percent 30.90 Zoning Br Zoning Description Business Regional

Listing information © 2022 Prescott Area Association of Realtors, Inc.
Listing provided by Matthew Fish of Prescott Commercial Real Estat: (928) 272-5604.


© 2022 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 The Shelly Watne Group. Data last updated: 2022-11-30T10:55:20.147.
 
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