5980 E Coury Drive Active Save Request In-Person Tour Request Virtual Tour
Cottonwood,AZ 86326
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6692613
Year Built 2007
Annual Tax Amount $34,551
Tax Year 2023
Lot Size 5.250 Acres
Property Description
Ford Dealership leased to Jones Ford selling at a high cap rate. The Dealership was built by Steve Coury and leased to Jones Ford on June 30, 2015. The lease rate is $25,000 a month and has not changed since the inception of the lease. In addition to the lease reserve there is a sales tax rebate in a development agreement that is equal to 1/2 of the city sales collected by the town of Camp Verde. The dealership has 28,490 sq ft of building and is located on 242,490 sq ft of land. The property was Ford approved and was designed to meet Ford Dealership standards in 2006. The building includes a spacious showroom, offices, service center, parts department, waiting rooms restrooms. The lease with Jones renews in June of 2029. All facts and figures to be verified by buyers.
Location
State AZ
County Yavapai
Zoning C3-2A
Interior
Heating Heat Pump
Cooling Central A/C
Flooring Carpet,Ceramic Tile,Vinyl
Exterior
Garage Paved Parking,Public Parking,Free
Fence Other
Waterfront No
Roof Type Rolled/Hot Mop
Building
Dwelling Type Commercial
Sewer Septic Tank
Water City Franchise