Description
Excellent investment opportunity in Chino Valley. One long-term tenant, Aroma Pizza, takes up 3,000 SF of the 4,000 SF available, with a lease through August 2025. The 1,000 SF suite has just been leased to a smoke shop/tattoo parlor that has been in business for several years and is likely to renew their initial one-year lease. The building generates a 6.1 cap rate, a nice fit for any portfolio. Seller will carry for a qualified buyer with $200,000 down. Please do not disturb tenants during business hours.
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0BEDS
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0.77ACRES
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0BATHS
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01/2 BATHS
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4,000SQFT
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$250$/SQFT
School Ratings & Info
Description
Excellent investment opportunity in Chino Valley. One long-term tenant, Aroma Pizza, takes up 3,000 SF of the 4,000 SF available, with a lease through August 2025. The 1,000 SF suite has just been leased to a smoke shop/tattoo parlor that has been in business for several years and is likely to renew their initial one-year lease. The building generates a 6.1 cap rate, a nice fit for any portfolio. Seller will carry for a qualified buyer with $200,000 down. Please do not disturb tenants during business hours.
© 2023 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: 2023-01-30T09:58:00.473.