Prime Owner-User or Conversion Opportunity.
This standalone commercial property spans +/-9,400 sf and is available for sale at $1,880,000 or $200/sf. Positioned on 2.47 acres of C2 PAD zoned land, this building boasts a full sprinkler system and a recently resurfaced and striped parking lot. Situated atop Glassford Hill, it offers unobstructed, panoramic views of the Prescott Valley region maximizing visibility to the 45,000+ vehicles traversing Highway 69 daily. With 20 onsite parking spaces plus street parking along Crownpointe Dr., there is potential for parking expansion around all three sides of the building. Furthermore, there is a possibility of acquiring the adjacent 1 acre commercial lot (APN# 103-09-033G) to supplement additional parking needs.
Custom-built in 2012, the property currently operates as Full Swing Sports Center, an indoor recreational facility, featuring 5 indoor batting cages, arcade games, air hockey tables, a bungee trampoline, sports simulator and more. The current lease expires on 6-30-26 with no renewal options, however the tenant would like to renew the lease and/or may be willing to negotiate an early termination.
Adjacent to this property is the recently renovated four-story 100-unit apartment complex called The View and the 225-unit Terraces Luxury Apartments in addition to the proposed 96-unit and 76-unit apartment complexes within the same commercial subdivision along Crownpointe Dr., the property benefits from a burgeoning residential community. Additionally, the proximity to Prescott Valley Crossroads, a regional shopping center anchored by major retailers enhances the property’s appeal. Strategically located in Prescott Valley, the area enjoys robust submarket demographics. With ongoing developments such as a 150-unit patio home development and the Jasper Parkway connector which will enhance accessibility, the property stands as an investment opportunity in a thriving commercial hub.