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$3,381,958
43 Days Online

248 Justin Drive
Cottonwood, AZ 86326

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
17,645
SqFt
$192
/SqFt
1999
Built
Subdivision:
Mingus Ind Pk
County:
Yavapai

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 928-300-0690
Is this the home for you? We can help make it yours.
928-300-0690
248 Justin Drive248 Justin Drive248 Justin Drive248 Justin Drive
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The building is Leased by Wild Tonic® an iconic beverage company. With over 20 different products and recognition from Forbes, Food Network, POPSUGAR, USA TODAY 10 bests, and many others, this is an opportunity you won't want to miss. Wild Tonic® products are proudly displayed on the shelves of many grocers including Sprouts, Natural Grocers, and AJS Fine Foods. The Tenant is just about to complete the first year of its current five-year lease term. With three more five-year options to go. Lease agreement is a solid NNN Lease with annual escalators each calendar year. With an NOI of $202, 917.50 during the first year of acquiring the asset this is a solid 6.0% CAP RATE. With a personal guarantee in the Lease its hard to find a better property for a 1031 exchange Mail box money this is it!

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Listing Snapshot
Price 
$3,381,958
Days Online 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,645 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.74 Acres
Year Built 
1999
MLS® Number 
536351
Status 
Active
Property Tax 
$7,766
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking 
10 - 19 Cars
Acreage 
0.74
Security 
Fire/ Smoke AlarmFire Sprinklers
Property Sub Type 
Industrial
Zoning 
I-2
Interior Features
Cooling 
Evaporative CoolingCentral Air
Heating 
ElectricSee Remarks
Flooring 
Concrete
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Exterior Features
Exterior 
Fenced Backyard
Road Frontage 
City Street
Community Features
MLS Area 
10 - Cottonwood
Security Features 
Fire/ Smoke AlarmFire Sprinklers
Listing courtesy of Prescott Commercial Real Estate

MLS listing information provided by Sedona Verde Valley Association of Realtors. Data deemed reliable but should be verified. Data last updated at: 2024-07-23 02:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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