Cottonwood, AZ 86326,5980 E Coury Drive
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Cottonwood, AZ 86326,5980 E Coury Drive
Cottonwood, AZ 86326,5980 E Coury Drive
Cottonwood, AZ 86326,5980 E Coury Drive
Cottonwood, AZ 86326,5980 E Coury Drive
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$ 5,777,862
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5980 E Coury Drive Cottonwood, AZ 86326

5.25 Acres Lot


UPDATED:

08/26/2024 02:37 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6692613

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2007

Annual Tax Amount $34,551

Tax Year 2023

Lot Size 5.250 Acres

Acres 5.25

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

Direction From the Junction of Interstate 17 and AZ State Route 260, travel west on 260 for 7.3 miles. Jones Ford Auto Dealership is on the left.

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

Present Use Retail,Automobile

Parking Type Paved Parking, Public Parking, Free

Building

Dwelling Type Commercial

Sewer Septic Tank

Water City Franchise

Others

Senior Community No

Tax ID 407-09-043-E


Arizona Regional MLS (ARMLS)
Listed by Berkshire Hathaway HomeServices Arizona Properties

Rachel Barkley

Agent | License ID: SA513870000

+1(602) 820-6192

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5980 E Coury Drive