Jones Ford

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JONES FORD

LONG TERMS FORD DEALERSHIP LOCATION AVAILABLE

5980 E COURY DR, CAMP VERDE, AZ 86322

PRESENTED BY

The Property is an Autorized Ford Dealership. The buidling is 28,460 Sq Feet

This Ford Dealership is located on SR 260 which is the main entrance to the Verde Valley. The majority of the population of the valley use SR 260 when entering and leaving the valley. The Ford dealership is a monument in residents minds when giving directions to other locations in the Valley. An example would be to take the 260 exit off of I-17 and travel west. Pass Jones Ford on your left. The property is a Ford Authorized Dealership, built to standards established by Ford. The dealership is on the corner of a round-a-bout and easy for customers to see from the 475 Linier feet of highway frontage and immediate access from both directions off of SR 260 . The 28,467 SQ FT building is located on 5.49 acres and has plenty of room to grow. The replacement cost to purchase the property and build the structure is significantly higher than the listed price for the property. The Dealership was built in 2007 as a Ford authorized Dealership. It has a show room, sales offices, parts department, services bays, administrative offices, break room and conference room.

The current lease is NNN $300,000 per year paid $25,000 per month. There is additional Sales Tax rebate paid by the town of Camp Verde that runs through 2027. The additional revenue in 2022 was $142,447.

Property Type Retail Investment Type Stabilized Class B Tenant Credit Credit Rated Brand/Tenant Ford Lease Commencement 06/29/2015 Remaining Term 5.2 years Net Rentable (sq ft) 28,468 Cap Rate 7.66% Occupancy 100% NOI $442,447 Units 1 Buildings 1 Zoning C3-2 Price/Sq Ft (Land Value) $4.50/SF Broker Co-Op Yes Lease Options None Subtype Auto Shop, Car Dealership, auto dealer Investment Sub Type Auto Retail Sales and Service Lease Type NNN Tenancy Single Lease Term 13.2 years Lease Expiration 08/31/2028 Square Footage 28,476 Price/Sq Ft $202.90 Pro-Forma Cap Rate 7.66% Occupancy Date 08/01/2015 Pro-Forma NOI $442,447 Year Built 16 Stories 1 Lot Size (acres) 5.25 Rent Bumps No APN 407-09-043E

228,690 SQ FT OF LAND ON THE PROPERTY

THE BUILDING IS AUTHORIZED AND DESIGNED BY FORD IN 2007

THE ENTRANCE IS A SHOW ROOM

SALES OFFICES

SALES MANAGERS OFFICE

AUTO PARTS AND RENTAL CAR CENTER

LARGE PARTS WAREHOUSE

REPAIR BAY

©2023 BHH A liates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway a liate, and a franchisee of BHH A liates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway a liate. Equal Housing Opportunity. 172 E. SHELDON, SUITE A • PRESCOTT, AZ 86301 Robert M. Witt 928-202-1000 robertmwitts@gmail.com

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