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.

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