8841 Florentine Road, Prescott Valley, AZ 86314
New Listing
$1,650,000






Property Type:
Commercial/Indstrial
Baths:
6
Square Footage:
7,264
Lot Size (sq. ft.):
20,909
Status:
Active
Current Price:
$1,650,000
List Date:
5/02/2025
Last Modified:
5/02/2025
Description
This investment property is comprised of 6 suites, spanning a total of 7,264 sq ft. Each suite is equipped with individual bathrooms and a break area, offering comfort and convenience for tenants. The property also features paved parking for both staff and clients. Current tenant mix primarily includes Medical and Beauty service providers. However, the versatile space can accommodate various office or service uses, making it an attractive option for a wide range of businesses. This well-maintained office complex is an ideal choice for investors seeking passive income with minimal management required. The property features NNN leases that are aligned with current market rates, ensuring a stable and lucrative investment. Detailed financials will be provided upon the signing of a NDA.
More Information MLS# 1070881
ContractAddressLegal
Original List Price: 1650000
Listing Date: 2025-02-21
Status: Active
Listing Price: 1650000
Street #: 8841
Street Name: Florentine
St Suffix: Road
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
Subdivision: Prescott Valley 14
County: Yavapai
Tax Parcel: 103-31-028a
General Property Description
Lot Size: 21003
Aprx Acres: 0.48
Buildings: 1
Total Liveable SqFt: 7264
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 31
Year Built: 1998
Management: Owner
Gross Vol/Yr $: 139461.24
NOI $: 118005.85
Cap %: 7.15
CAM $: 2.95
Baths - Full: 6
GRM: 11.24
Traffic Count Per Day: 2555
Property Use: Investment Prop
Construction Status: Existing
Space Available: Yes
Date Available: 2025-03-01
Total Bathrooms: 6
CC & R Fees: 7265
Tax Info
Taxes: 11630
Tax Year: 2024
Heating
Natural Gas: 1
Property Features
Bathrooms: Interior; Unisex
Building Type: 5+ Units; Medical/Dental; Office - Building; Retail - Shopping Center
Business Location: Commercial Strip; Office/Professional
Commercial Amenities: Ceiling Ht. Under 12
Construction: Stucco
Cooling: Ceiling Fan(s); Central Air
External Amenities: Handicap Access; Paved Parking
Flooring: Carpet; Tile
Internal Amenities: Bathroom; Fire/Smoke Detector
Parking: On-Site
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Rolled/Hot Mop; Tile
Utilities Installed: 220; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Prescott Commercial Real Estate
Last Updated: May - 02 - 2025
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