$389,000
Willcox, AZ 85643
MLS# 6705650
1 / 2
Property Description
Located in Willcox, Arizona. Tenant Occupied, Southwestern Eye Center, 1,188 SF occupied by Walker Family Medicine, Southwestern Eye Center NNN Lease Includes: Term through April 2027 2% Annual Increases 3-5 Year Options to Renew
Details
Maps
Contract Info
Current Price: $389,000
List Price: $389,000
Status: Active
List Date: 2024-05-15
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 780
Compass: W
Street Name: REX ALLEN
St Suffix: Drive
City/Town Code: Willcox
State/Province: AZ
Zip Code: 85643
Zip4: 1140
Country: USA
County Code: Cochise
Legal Description (Abbrev): LOT 1 BLOCK C NORDHUS ADDITION
Subdivision: NORDHUS ADDITION
Assessor's Map #: 29
Assessor's Parcel #: 44
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 203-29-044-A
Census Tract: 202
Legal: LOT 1 BLOCK C NORDHUS ADDITION
Tax Municipality: Willcox
Taxes: 4843
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 3357
# of Buildings: 1
Year Built: 1983
Uncvrd Parking Spcs: 18
Zoning: NA
Flood Zone: TBD
Remarks & Misc
Cross Street: Rex Allen Dr and Arizona Ave
Geo Lat: 32.264584
Geo Lon: -109.836428
Status Change Info
Status Change Date: 2024-05-15
Legal Info
Lot Number: 1
Income & Expenses
Owner Association: No
Gross Annual Sch Inc: 48832.08
Adjusted Gross Inc: 48832.08
Net Operating Income: 44039.09
Pmt & Rate Info
Cap Rate: 11.32
Equity: 389000
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Commercial; Office
Current Use: Medical/Dental; Office
Stories: 1 Story
Construction: Block; Tilt-Up
Roofing: Foam
Floors: Vinyl; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central A/C
Loading Facilities: None
Interior: Other (See Remarks)
Exterior: Roof Sign; Pole Sign
Fencing: None
Parking: None
Electric: Submetered System; SSVEC
Gas: SW Gas
Water: Individual Meter
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
New Financing: Cash to Loan; 1031 Exchange; Other (See Remarks)
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
Reports/Disclosures: None
Environmental: None
Listing Office: Snow Realty & Property Management
Last Updated: May - 15 - 2024
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