3625 & 3629 Crossings Dr, Prescott AZ 86305$ 1,599,900
Two Beautiful 4,942 sf Buildings on One Parcel
Pride of ownership truly shows in this beautiful property at the Crossings. Purchase includes both 3625 and 3629 Crossings Dr., there are two 4942 sf buildings located on one parcel. 3625 has 3-1640 sf, fully improved office suites and 3629 has 1-1640 sf fully improved office and 2-1640 office/warehouse suites with man doors and roll-up doors to enter the warehouse area. Exterior features include heavy timbers, stucco, roof tile over covered entries, nicely landscaped, fresh exterior paint on both buildings, newly sealed and striped parking lot and may have ample parking to use a portion of the space as MEDICAL. Interior features include solid wood entry doors, tile and carpeted floors, cabinetry with granite counters, raised panel doors, drop ceilings, blinds, rounded corners.
A mix of men’s, women’s and unisex accessible restrooms, varies in each unit, rear exit doors, interior windows in offices and conference rooms. 3 suites are currently vacant and cap rate is based on 2016 Income and Expense Statement. Projected cap rate for 2018 is 7.2% with a 15% vacancy rate. 3 suites are currently vacant but listed on MLS for lease.