43
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$3,995,000
Est. payment /mo
1.95 Acres Lot
New
1330 W MAIN Street Quartzsite, AZ 85346
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UPDATED:
01/21/2025 12:53 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6807935
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2006
Annual Tax Amount $19,314
Tax Year 2024
Lot Size 1.951 Acres
Acres 1.95
Property Description
Investment Opportunity: NNN Seller Leaseback at 6% Cap Rate
Property: 1330 W Main, Quartzsite, AZ 85346
Size: 35,000 Square Feet
Price: $3,995,000
Cap Rate: 6%
This is a unique opportunity to invest in a NNN Seller Leaseback at a 6% Cap Rate, featuring a well-established business with over 35 years of history in the jewelry industry. The property, located in the heart of Quartzsite, Arizona, is currently home to Gem World, a respected jewelry store offering a wide range of high-quality products at exceptional prices. The Seller has built a loyal customer base, providing wholesale and retail services with a variety of crystal and glass beads, precious gems, semi-precious stones, jewelry, accessories, pendants, and art glass items. Investment Opportunity: NNN Seller Leaseback at 6% Cap Rate
Property: 1330 W Main, Quartzsite, AZ 85346
Size: 35,000 Square Feet
Price: $3,995,000
Cap Rate: 6%
This is a unique opportunity to invest in a NNN Seller Leaseback at a 6% Cap Rate, featuring a well-established business with over 35 years of history in the jewelry industry. The property, located in the heart of Quartzsite, Arizona, is currently home to Gem World, a respected jewelry store offering a wide range of high-quality products at exceptional prices. The Seller has built a loyal customer base, providing wholesale and retail services with a variety of crystal and glass beads, precious gems, semi-precious stones, jewelry, accessories, pendants, and art glass items.
This property offers a steady and secure income stream for investors while providing a stable long-term tenant. With the NNN Leaseback structure, the Seller assumes responsibility for property maintenance, taxes, and insurance, ensuring minimal management for the investor.
Property Highlights:
35,000 Square Foot Building - Spacious and versatile space suitable for a variety of uses.
7 Newer, High-Efficiency Air Conditioners - Ensures optimal climate control throughout the year.
Roll-Up Doors - Convenient access for loading and unloading.
Newer Asphalt Parking Lot - Freshly paved, ample parking space for customers and staff.
Large Metal Covered Building - Provides additional covered space for outdoor storage, work areas, or expansion.
High Visibility Location - Situated in a prime area in the heart of Quartzsite, a popular destination for both locals and tourists.
NNN Seller Leaseback - Tenant responsible for all maintenance, taxes, and insurance, minimizing investor involvement.
6% Cap Rate - Attractive return on investment with a reliable, established business as the tenant.
Gem World Business Overview:
Gem World is a staple in Quartzsite, known for offering a diverse selection of high-quality products including crystal and glass beads, precious gems, semi-precious stones, jewelry, accessories, and art glass pendants. The business caters to both wholesale and retail customers, making it a key player in the region's jewelry market. The Seller's reputation for exceptional service and unbelievably low-priced products has fostered a loyal customer base that returns year after year.
The business, with its more than 35 years of experience in the jewelry industry, is fully committed to a long-term lease agreement, ensuring steady cash flow for the investor. With the Seller's expertise and established brand, Gem World is poised for continued success in the Quartzsite community.
Investment Summary:
Seller Leaseback with NNN Lease - Long-term lease with minimal responsibilities for the investor.
6% Cap Rate - Providing strong returns on investment.
35,000 Square Feet of flexible commercial space.
Established Seller with over 35 years of industry experience in the jewelry market.
Prime Location in Quartzsite, AZ, near major tourist traffic, ensuring consistent customer flow.
Well-Maintained Property with newer air conditioners, asphalt parking, roll-up doors, and a large metal covered building for additional storage or expansion.
Buyers to verify all facts and figures.
This property offers a solid investment opportunity for those seeking a stable, long-term income with the added benefit of a trusted and reliable tenant. Don't miss the chance to invest in a property that combines a prime location with the security of a NNN leaseback at a competitive cap rate.
Property: 1330 W Main, Quartzsite, AZ 85346
Size: 35,000 Square Feet
Price: $3,995,000
Cap Rate: 6%
This is a unique opportunity to invest in a NNN Seller Leaseback at a 6% Cap Rate, featuring a well-established business with over 35 years of history in the jewelry industry. The property, located in the heart of Quartzsite, Arizona, is currently home to Gem World, a respected jewelry store offering a wide range of high-quality products at exceptional prices. The Seller has built a loyal customer base, providing wholesale and retail services with a variety of crystal and glass beads, precious gems, semi-precious stones, jewelry, accessories, pendants, and art glass items. Investment Opportunity: NNN Seller Leaseback at 6% Cap Rate
Property: 1330 W Main, Quartzsite, AZ 85346
Size: 35,000 Square Feet
Price: $3,995,000
Cap Rate: 6%
This is a unique opportunity to invest in a NNN Seller Leaseback at a 6% Cap Rate, featuring a well-established business with over 35 years of history in the jewelry industry. The property, located in the heart of Quartzsite, Arizona, is currently home to Gem World, a respected jewelry store offering a wide range of high-quality products at exceptional prices. The Seller has built a loyal customer base, providing wholesale and retail services with a variety of crystal and glass beads, precious gems, semi-precious stones, jewelry, accessories, pendants, and art glass items.
This property offers a steady and secure income stream for investors while providing a stable long-term tenant. With the NNN Leaseback structure, the Seller assumes responsibility for property maintenance, taxes, and insurance, ensuring minimal management for the investor.
Property Highlights:
35,000 Square Foot Building - Spacious and versatile space suitable for a variety of uses.
7 Newer, High-Efficiency Air Conditioners - Ensures optimal climate control throughout the year.
Roll-Up Doors - Convenient access for loading and unloading.
Newer Asphalt Parking Lot - Freshly paved, ample parking space for customers and staff.
Large Metal Covered Building - Provides additional covered space for outdoor storage, work areas, or expansion.
High Visibility Location - Situated in a prime area in the heart of Quartzsite, a popular destination for both locals and tourists.
NNN Seller Leaseback - Tenant responsible for all maintenance, taxes, and insurance, minimizing investor involvement.
6% Cap Rate - Attractive return on investment with a reliable, established business as the tenant.
Gem World Business Overview:
Gem World is a staple in Quartzsite, known for offering a diverse selection of high-quality products including crystal and glass beads, precious gems, semi-precious stones, jewelry, accessories, and art glass pendants. The business caters to both wholesale and retail customers, making it a key player in the region's jewelry market. The Seller's reputation for exceptional service and unbelievably low-priced products has fostered a loyal customer base that returns year after year.
The business, with its more than 35 years of experience in the jewelry industry, is fully committed to a long-term lease agreement, ensuring steady cash flow for the investor. With the Seller's expertise and established brand, Gem World is poised for continued success in the Quartzsite community.
Investment Summary:
Seller Leaseback with NNN Lease - Long-term lease with minimal responsibilities for the investor.
6% Cap Rate - Providing strong returns on investment.
35,000 Square Feet of flexible commercial space.
Established Seller with over 35 years of industry experience in the jewelry market.
Prime Location in Quartzsite, AZ, near major tourist traffic, ensuring consistent customer flow.
Well-Maintained Property with newer air conditioners, asphalt parking, roll-up doors, and a large metal covered building for additional storage or expansion.
Buyers to verify all facts and figures.
This property offers a solid investment opportunity for those seeking a stable, long-term income with the added benefit of a trusted and reliable tenant. Don't miss the chance to invest in a property that combines a prime location with the security of a NNN leaseback at a competitive cap rate.
Location
State AZ
County La Paz
Zoning C-2
Interior
Cooling See Remarks, Office A/C, Warehouse A/C
Flooring Concrete
Exterior
Parking Features Paved Parking, Public Parking, Free, Fenced
Fence Other, See Remarks
Roof Type Metal
Present Use Wholesale,Warehouse
Total Parking Spaces 40
Building
Dwelling Type Other (See Remarks),Commercial,Distribution/Warehse
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 306-29-012-H
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Listed by Gerchick Real Estate