5980 E Coury Drive Cottonwood, AZ 86326
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 in on June 30 of 2015. The lease rate is $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 Square Feet 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, part department, waiting room, public and private restrooms. The lease with Jones renews in June of 2029.
- Property TypeCommercial
- Neighborhood5 Acres Or More
- CountyYavapai
- Taxes$36,976
- HOA/Condo/Coop Fees$0
- Days on Site66 Days
- MLS StatusActive
- MLS ID Number529034
- Home Size Source Assessor
- Year Built2007
- Lot Size5.25 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Off Street20+ Cars
- Electric 440 Volts
- Acreage 5.25
- Property Sub Type Business
- Zoning C3-2A
Interior Features
- Cooling Evaporative CoolingCentral Air
- Heating Heat Pump
- Flooring Vinyl PlankCarpetTile
Exterior Features
- Exterior Fenced Backyard
- Road Frontage County RoadCity Street
Community Features
- MLS Area 20 - Verde North of I - 17