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Business opportunity for sale in Cottonwood

USD 5,777,862

Business opportunity (For sale)

1 ba
28,490 sqft
lot 228,690 sqft
Reference: EDEN-T97302888 / 97302888
Ford Dealership leased to Jones Ford selling at a high Cap rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford on June 30 of 2015. The lease rate of $25,000 per month has not changed since the inception of the lease. In addition to the lease revenue there is a sales tax rebate in a development agreement that is equal to 1/2 of the city sales tax 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 is Ford approved and was designed to meet Ford Dealership standards in 2006. The building includes a spacious show room, offices, service center, parts department, waiting room, restrooms. The lease with Jones Ford renews in June of 2029. Buyer to verify all facts and figures View more View less Ford Dealership leased to Jones Ford selling at a high Cap rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford on June 30 of 2015. The lease rate of $25,000 per month has not changed since the inception of the lease. In addition to the lease revenue there is a sales tax rebate in a development agreement that is equal to 1/2 of the city sales tax 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 is Ford approved and was designed to meet Ford Dealership standards in 2006. The building includes a spacious show room, offices, service center, parts department, waiting room, restrooms. The lease with Jones Ford renews in June of 2029. Buyer to verify all facts and figures
Reference: EDEN-T97302888
Country: US
City: Cottonwood
Postal code: 86326
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property size: 28,490 sqft
Lot size: 228,690 sqft
Bathrooms: 1
Parkings: 1

SALE PRICE PER SQFT IN COTTONWOOD

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 294
-
+7.8%
Apartment
-
-
-

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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