5980 E Coury Dr - Auto Dealership FOR SALE


Cottonwood, AZ 86326
$5,777,862 USD
928-202-1000
5980 E Coury Dr, Cottonwood, AZ for Sale
$5,777,862 USD
Auto Dealership - FOR SALE
1/25
null | 8% Cap Rate

5980 E Coury Dr
Cottonwood, AZ 86326


HIGHLIGHTS

  • Fantastic Verde Valley location on SR 260
  • Easy Access from corner of Highway round-a-bout
  • Attractive Ford approved Dealership
  • Successful Ford Dealership operated since 2007.
  • Stable Cash Flows with established tenant
  • Extra Income from Sales Tax Rebate

OVERVIEW

This Ford Dealership is located on SR 260 which is the main entrance to the Verde Valley. The majority of the population of the valley use SR 260 when entering and leaving the valley. The Ford dealership is a monument in residents minds when giving directions to other locations in the Valley. An example would be to take the 260 exit off of I-17 and travel west. Pass Jones Ford on your left. The property is a Ford Authorized Dealership, built to standards established by Ford. The dealership is on the corner of a rounda-bout and easy for customers to see from the 475 Linier feet of highway frontage and immediate access from both directions off of SR 260 . The 26,467 SQ FT building is located on 5.49 acres and has plenty of room to grow. The replacement cost to purchase the property and build the structure is significantly higher than the listed price for the property. The Dealership was built in 2007 as a Ford authorized Dealership. It has a show room, sales offices, parts department, services bays, administrative offices, break room and conference room. The current lease is NNN $300,000 per year paid $25,000 per month. There is additional Sales Tax rebate paid by the town of Camp Verde that runs through June 2029. The additional revenue in 2021 was $162,299.73.

FOR SALE DETAILS

PRICE

$5,777,862 USD

PRICE/SF

$203 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jones Ford Verde Valley

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.27 AC

LAND SF

229,428 SF

ZONING

C3-2

APN/PARCEL ID

407-09-043E

ASK ABOUT THIS PROPERTY

Robert WittBerkshire Hathaway Home ServicesMore Info
928-202-1000

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Robert WittBerkshire Hathaway Home ServicesMore Info
928-202-1000

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