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$4,950,000
6893855 MLS
Excellent 2 story office building / Medical facility, on 1.42 acres. Single Tenant Medical Office. The property is currently used as a single tenant medical office; (however, its current build out would also be conducive for a multi-tenant medical or other office use) The site has approximately 255 feet of frontage along Mingus Avenue. Built in 2003 and remodeled in 2014. Was a surgery center complete with operating room & X-ray. Now complete remodeled in excellent condition, medical office suites, or other office uses. Complete with elevator in certified condition and large standby diesel generator (no representation) Adequate paved parking, 87 spaces. Typical built-up flat roof with a spray foam membrane. Approx .5-acre open space behind building for another use.

651 W Mingus Avenue, Cottonwood

$2,000,000
536351 MLS
6.5% CAP! Excellent investment opportunity! Just east of Cottonwood Airport in the Mingus Industrial Park this 17,645 sq ft industrial building is being offered for sale with a long-term Tenant in place. The building has three 12' tall X 10' wide overhead doors, one grade level dock, one dock high dock with a hydraulic lift system, CMU construction, 5445 sq ft of the building is cold storage, fully fire sprinklered, 18' of clear height, 3-phase power, a 40KW backup generator in case there is ever interruption in the electrical grid, almost the entire parcel is paved other than a retention pond out front, 4 evaporative coolers, and 4 HVAC Units. The building is Leased by Wild Tonic® an iconic beverage company known for its premium Sparkling Jun and Hard Jun varietals. 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 in the first year of its current five-year lease term. With three more five-year options to go. The Lease agreement is a solid NNN Lease with annual escalators each calendar year. With an NOI of $219,827.28 during the first year of acquiring the asset this is a solid 6.5% CAP RATE. It's hard to find a better property to satisfy your 1031 Exchange. If you're looking for your first income property or if you have a large portfolio and are looking for more mailbox money this, is it.

248 Justin Drive, Cottonwood