5980 E Coury Drive Cottonwood, AZ 86326
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Ford Dealership leased to Jones Ford selling at a high Cap Rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford in on June 30 of 2015. The lease rate is $25,000 per month has not changed since the inception of the lease. In addition to the lease revenue there is a sales tax rebate in a development agreement that is equal to 1/2 of the city sales tax collected by the town of Camp Verde The Dealership has 28,490 Square Feet of building and is located on 242,490 SQ FT of land. The property is Ford Approved and was designed to meet Ford Dealership Standards in 2006. The building includes a spacious show room, offices, service center, part department, waiting room, public and private restrooms. The lease with Jones renews in June of 2029.
| 6 months ago | Status changed to Active | |
| 6 months ago | Listing first seen online | |
| 6 months ago | Listing updated with changes from the MLS® |
MLS listing information provided by Sedona Verde Valley Association of Realtors. Data deemed reliable but should be verified. Data last updated at: 2024-10-10 07:55 PM UTC
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