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5980 E Coury Drive

Cottonwood, AZ 86326
  • $7,999,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 529034
UPDATED: 46 min ago
$7,999,000
  • 0
    BEDS
  • 5.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 28,468
    SQFT
  • $281
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2007
County:

School Ratings & Info

Description

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.

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© 2022 Sedona Verde Valley 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 Flagstaff Real Estate Professionals. Data last updated: 2022-07-02T08:43:48.023.
www.flagstaffrealestateprofessionals.com/homes/128892851
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5980 E Coury Drive Cottonwood, AZ 86326

  • Price: $7,999,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 46 min ago
  • MLS #: 529034
0
Beds
0
Baths
0
½ Baths
5.25
Acres
28,468
SQFT
$281
$/SQFT
2007
Built
Neighborhood:
5 Acres Or More
County:
Yavapai
Area:
20 - Verde North Of I - 17
Property Description
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.
Exterior Features

Construction BlockMetal External Amenities Fenced BackyardLandscape Parking Spaces 20+ CarsOff Street Road Access CityCounty Roof Materials Rolled/Hot Mop

Interior Features

Baths Interior Cooling Refrigeration/Centrl Floors CarpetTileVinyl Plank Heating Heat Pump Internal Amenities None Water Heater Electric

Property Features

Amountof Taxes 36976.00 Commercial Amenities 440 OutletCeiling Hght 12 - 15Ceiling Hght 16 +Roll Up Doors Management Owner On Site Water Trtmnt Conventional Septic Pet Privileges No Road Maintenance City MaintainedCounty Maintained Special Conditions N/A Sub Type Commercial Tax Year 2021 Terms Available 1031 ExchangeCashCash To New Loan Type Building OfficeRetailWarehouse Utilities Included 3 PhaseElectricityIndividual MeterPublic WaterSepticTelephone

Listing provided by Berkshire Hathaway Homeservices Arizona Properties: (928) 282-3737. Listing information © 2022 Sedona Verde Valley Association of Realtors, Inc.


© 2022 Sedona Verde Valley 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 Flagstaff Real Estate Professionals. Data last updated: 2022-07-02T08:43:48.023.
 
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Flagstaff Real Estate Professionals
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Flagstaff AZ, 86001