5980 E Coury Drive is a $5,777,862, 28,468 square foot home on a 5.25 acre lot located in Cottonwood, AZ.
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.
| Appliances | Water Heater - Electric |
| Interior Features | Floors - Carpet Floors - Tile Utilities Included or Installed - Telephone Bathrooms (Commercial) - Interior Commercial Amenities - Roll Up Doors Commercial Amenities - 440 Outlet Commercial Amenities - Ceiling Height 12-15 Feet Commercial Amenities - Ceiling Height 16+ Feet Internal Amenities (Commercial) - None |
| Cooling Types | Refrigeration/Central Evaporative Cooling |
| Heating Types | Heat Pump |
| Parking Types | Parking Spaces (Commercial) - 20+ Cars Parking Spaces (Commercial) - Off Street |
| Exterior Features | External Amenities - Landscaping External Amenities - Fenced Backyard Road Access - City Road Access - County Road Maintenance - City Maintained Road Maintenance - County Maintained Utilities Included or Installed - Individual Meter Utilities Included or Installed - 3 Phase Utilities Included or Installed - Electricity Management (Commercial) - Owner |
| Construction Types | Metal Block |
| Water Source | Utilities Included or Installed - Public Water |
| Sewer | On-Site Water Treatment - Conventional Septic Utilities Included or Installed - Septic |
| Property Type | Family-Less Than 1/2 Acre |
| Property Sub Type | Commercial |
| Style | Type Building (Commercial) - Warehouse Type Building (Commercial) - Retail Type Building (Commercial) - Office |
| Year Built | 2007 |
| Attribution Contact | (480) 505-6300 |
| Taxes | $36,976.00 |
| County | yavapai |
| Neighborhood | 5 Acres Or More |
Based on information from the Sedona Verde Valley Association of REALTORS® Multiple Listing Service, last updated 11/28/2023 at 10:38pm MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.
