Style: Retail
Sq Ft: 10462
Year Built: 2007
$2,050,000
301 Whipple Street, Prescott, AZ 86301, US
Remarks
Portfolio of two well located multi-tenant properties. Originally built for the current Seller, they are well constructed, well maintained. A mix of retail and office with a total of 5 tenants in 10,462 SF. Tenants are a fitness center, insurance, construction, interior design and photography studio. Both properties are in main traffic corridors with high visibility. Low rents with some short-term leases allow you to build income. Price per square foot is well below replacement cost. 301 Whipple Street, built in 2007, has three long-term tenants in a total of 5,626 SF. 1702 Willow Creek, built in 2003, includes an interior design studio and photography studio in 4,836 SF. Current 5.95% cap rate with low rents. Quality buildings with opportunity for income growth.Details
MLS#: 1066889Price: $2,050,000
Style: Retail
Sq Ft: 10462
Year Built: 2007
County: Yavapai
Subdivision: None
Tax Fee: 10351
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Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Prescott Area Association of Realtors®
Last updated: 2024-09-24T16:15:20.000-04:00.
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