.ashx?sc_lang=en&bid=4a2e5ebb5bdb40cab633b8e28e053c66)
Learn more about this property online at:
https://sandbox-cmsimport.colliers.com/p-usa1094438
https://sandbox-cmsimport.colliers.com/p-usa1094438
- For sale
Property Documents
1006 S Main Street
Cottonwood, AZ 86326
A Colliers expert may contact you in connection with any documents you download.
For Sale
$2,184,000 USD
- Rare opportunity to acquire a new 2019 construction, Ecommerce & Pandemic proof retail pad equipped with drive-thru located in Cottonwood, the ‘Biggest Little Town in Arizona’ that is regarded as the economic heart of the Verde Valley and epicenter of the renowned wine region of Arizona.
- Strategically located at the entrance to Cottonwood Plaza, a 333,215 SF Home Depot and Fry’s Food & Drug Stores anchored community center featuring a variety of nationally recognized retailers such as Verizon, Starbucks, Jack in the Box, KFC, Domino’s Pizza, Great Clips, Boost Mobile and several other major retailers.
- Irreplaceable Main and Main location situated on the southwest signalized corner of SR 89 A and AZ-260 which sees approximately 47,369 VPD.
- Excellent synergistic tenant lineup with two high-performing internet resistant food & service tenants that offer high-quality goods & services to the surrounding Cottonwood community
- Stability of income with 100% of the rent roll featuring nationally recognized tenants on brand new long-term NNN leases.
- All of the leases feature contractual rent bumps which offer an investor a hedge against inflation.
- Constructed in 2019, this property comes with zero deferred maintenance and brand new improvements which prevents a new owner from spending excess capital to maintain the premises over the holding period
- Desirable demographic profile with approximately 32,679 people living within a five-mile radius with an average household income of $61,580 in the surrounding community.
- Benefits from its close proximity to Mingus Union High School (0.5 miles away), the major school serving the Cottonwood, Camp Verde, Beaver Creek and Sedona areas with over 1,261 students and over 62 staff members.
