3241 Tower Road, Prescott, AZ 86305

$1,598,726
2
BA

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Sold Price
$1,598,726
List Price
$1,500,000

Property Description

Property Description: This 6,425 sq ft industrial building sits just off Willow Creek Rd in the Sandretto Hills Subdivision. The property blends two stories of turnkey office space with a functional warehouse area that was previously used for heavy equipment repair, featuring three 14' by 12' wide roll-up doors for easy loading or access. The two-story office component is fully climate-controlled to ensure a comfortable work environment year-round. The parking is incredible for an industrial property, and the fenced yard is hard to find. All this, and the going in actual CAP RATE is 8.49% which is unheard of. The current Tenant has called the space home for over 20 years and maintains a remaining Lease term of 2 years, with an option to renew for an additional 5 years. The NNN lease structure enhances its appeal for passive ownership, providing predictable, low-maintenance occupancy and favorable long-term ROI. Ideal for investors seeking a flexible, well-located industrial property with enduring tenant retention.

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Calculator source: Real Geeks

Listing courtesy of Arizona Commercial. Selling Office: Goliath Commercial Real Estate.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®