5980 E Coury Dr 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 on June 30 of 2015. The lease rate of $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 sq ft 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, parts department, waiting room, restrooms. The lease with Jones Ford renews in June of 2029. Buyer to verify all facts and figures