Neighborhood: 5 Acres Or More, 20 - Verde North Of I - 17
100% leased Ford Dealership leased to long term dealership selling at a 5.7 Cap Rate. The dealership was built in 2007 by Steve Coury and then leased to Jones Ford in on June 30 of 2015. The Jones network of Dealerships has been selling cars in Arizona since 1967, has a good reputation and is operating in multiple locations around the state. The annual net operating income for the property is 462,269.00. The Dealership has 28,490 Square Feet of building and loads of display space on the 242,490 square foot parcel. The Dealership 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.
Courtesy of: Berkshire Hathaway HomeServices Arizona Properties IDX information provided by the Sedona Verde Valley Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 25th June, 2022 3:53 AM (UTC)
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