325 W Gurley St - Office FOR SALE


Prescott, AZ 86301
$5,450,000 USD
928-925-2023
325 W Gurley St, Prescott, AZ for Sale
$5,450,000 USD
Office - FOR SALE
1/82
null | 6.5% Cap Rate

325 W Gurley St
Prescott, AZ 86301


OVERVIEW

Fully Leased Class A property in Downtown Prescott. Superior construction quality with 8'' concrete tilt up exterior walls and high end windows. The building has two floors of professional Tenants and two elevators separating commercial and residential uses. Convenient street level parking plus an additional .36 acres on North McCormick for overflow parking. The Building is in excellent condition with new roof overlay in 2020, repaint of parking garage and railing and updated HVAC system in 2020. HVAC can be managed and monitored online for convenient operation and troubleshooting. The upper level consists of 4 townhomes that are individually owned but share in the common area expenses. Consistent cash flow with a great Tenant mix and easy management structure.

FOR SALE DETAILS

PRICE

$5,450,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McCormick Place

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

BG

APN/PARCEL ID

109-02-022C,109-02-022G,109-02-022H,109-02-022J,109-02-022K,109-02-022L,109-02-022M

ASK ABOUT THIS PROPERTY

Nick MalouffCommercial Advisors of PrescottMore Info
928-925-2023

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Nick MalouffCommercial Advisors of PrescottMore Info
928-925-2023

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.