$2,300,000
For more information regarding the value of a property, please contact us for a free consultation.
0.69 Acres Lot
SOLD DATE : 02/05/2021
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6080485
Sold Date 02/05/21
Year Built 1973
Annual Tax Amount $9,988
Tax Year 2019
Lot Size 0.690 Acres
Acres 0.69
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Calling all 1031 exchange investors! Fully leased NNN 7% CAP investment opportunity with a recession-proof and 'essential business' medical dispensary as the anchor. Prime location along the busy Switzer Canyon corridor featuring new medical and residential development. Long term leases with newer improvements to the building including new roof less than 5 years old, sewer lines, and individual leasehold improvements. Lots of surface parking spaces on a nearly 3/4 acre lot. With new medical facilities underway across the street in addition to continued residential growth in the area and true investment properties being harder to come by, this property demands pursuit.
Location
State AZ
County Coconino
Area Coconino
Zoning HC
Direction East on Route 66, North on Switzer Canyon Dr, property is on the right side.
Interior
Heating Electric, Natural Gas
Cooling Other, See Remarks, Office A/C
Flooring Concrete
Exterior
Parking Features Paved, Free
Fence None
Amenities Available Showroom
Roof Type Composition,Built-Up
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 101-25-002
Disclosures Other (See Remarks)
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Non-MLS Office