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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