Address
5980 E Coury Drive, Cottonwood, AZ
Price
$ 5,777,862
Property Attributes
  • MLS#6692613
  • TypeCommercial
  • CountyYAVAPAI
  • CityCottonwood
  • Zip86326
  • StyleComm/Industry Sale
  • Year Built2007
  • Taxes$ 34551
  • Price$ 5,777,862
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage28468
  • Lot Size5.25 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Ford Dealership leased to Jones Ford selling at a high cap rate. The Dealership was built by Steve Coury and leased to Jones Ford on June 30, 2015. The lease rate is $25,000 a month and has not changed since the inception of the lease. In addition to the lease reserve there is a sales tax rebate in a development agreement that is equal to 1/2 of the city sales collected by the town of Camp Verde. The dealership has 28,490 sq ft of building and is located on 242,490 sq ft of land. The property was Ford approved and was designed to meet Ford Dealership standards in 2006. The building includes a spacious showroom, offices, service center, parts department, waiting rooms restrooms. The lease with Jones renews in June of 2029. All facts and figures to be verified by buyers.

Price History
4/17/2024 Listed $5,777,862

General Features

Sewer Septic Tank
Heating Heat Pump
Cooling Central A/C
Roof Rolled/Hot Mop
Zoning C3-2A
Construction Materials Metal Siding,Block
Year Built 2007
Electric 440 Volts,220 Volts,APS
Township 31
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 25000.0
Business Type Retail,Automobile
County Yavapai
Net Operating Income 478658.0
Operating Expense 34551.0
Property Type Comm/Industry Sale
Attached Garage No
Subdivision Name none
Building Features Conference Room,Reception Room,Showroom,Kitchen,Computer Room,Display Window(s)
Status Active
Directions From the Junction of Interstate 17 and AZ State Route 260,travel west on 260 for 7.3 miles. Jones Ford Auto Dealership is on the left.
City Cottonwood
Buyer Agent Compensation 2.25
Disclosures Other (See Remarks),None
View Y/N No
Open Parking Spaces 0.0
Lot Size Square Feet 228690.0
Carport Y/N No
Street Name Coury
Tax Annual Amount 34551.0
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 11
Structure Type Commercial
Standard Status Active
Occupancy Description Tenant
Cap Rate 8.28
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community No

Interior Features

Flooring Carpet,Ceramic Tile,Vinyl
Street Suffix Drive
Electric On Property Y/N No

Exterior Features

Fencing Other
Parking Features Paved Parking,Public Parking,Free
Water Source City Franchise
Total Parking 0.0
Lot Size Area 228690.0
Number of Buildings 1
Spa No
Lot Size Acres 5.25
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 86326

Price
AVG $2.06M
$5.78M
Taxes
AVG $12,465
$34,551
Visits
AVG 10
5
Data Provided by Inside Real Estate®
Year Built
AVG 1983
2007

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