Active
5980 E Coury Drive
Cottonwood AZ, 86326
$5,777,862
$202.96 per sqft
Active
28,468 sqft
Other
Built in 2007
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.
6692613
MLSⓇ ID
April 17, 2024
Listed
September 18, 2024
Updated
Map
5980 E Coury Drive
Cottonwood AZ, 86326
Interior Features
Floor Description
Carpet, Ceramic Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
5.25 Acres
Roof
Rolled/Hot Mop
Sewer
Septic Tank
Other Property Details
Taxes
$34,551
Tax Frequency
Annually
Days on Market
132
Garage
No
Parking
Paved Parking, Public Parking, Free
Parking Total
0
View
No
County
Yavapai
Water Source
City Franchise
Pool
No
Zoning
C3-2A
Courtesy of Berkshire Hathaway HomeServices Arizona Properties
Listing Contact: 602-400-6220
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Annie Cole shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 3:01 PM UTC, 9/18/2024.