101 S. MAIN STREET COTTONWOOD, AZ FOR SALE O F F E R E D AT $ 5 9 5, ( $ P. S. F. )

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1 FOR SALE 101 S. MAIN STREET COTTONWOOD, AZ E X C E L L E N T C O M M E R C I A L B U I L D I N G I N W EST S E D O N A O F F E R E D AT $ 5 9 5, ( $ P. S. F. ) TA B L E OF CONTENTS Property Description 2-3 Pro Forma & Expenses 4-5 Area Map 6 Aerial Map/Plat Map 7-8 Site Plan 9 Zoning Area Description Company Bio 14 Jack McMahon, Commercial Specialist Beautiful six unit building directly on Main Street in the heart of Cottonwood. Ample parking and easily accessible with great visibility. Newer construction. EXCLUSIVE LY OFFERED BY: J A C K M CMA H O N -AGE N T J O H N D. M I L L E R- B R O K E R J A C K -(928) J O H N-(928) J A C K@JOHND M I L L E R. C O M J O H N@JOHNDMI L L E R.COM John D. Miller, Broker The information contained herein has been obtained from sources deemed reliable, however, its accuracy is not guaranteed.. Any prospective purchaser should independently verify any information upon which they would base a purchase decision. J O H N D. M I L L E R R E A L E S T A T E SE R V I C E S, I NC. T HE OLD M A R K E T P L A C E 1370 W H WY 89A SUITE 17 S E D O N A, A R I Z O N A W W W.JO H NDMI L L E R.COM

2 E X E C U T I V E SU M M A RY P A G E 2 PROPERTY LOCATION: 101 South Main Street, Cottonwood, AZ PROPERTY BRIEF: Beautiful 6 unit building located directly on Main Street. Fantastic visibility and easy access from the street. Ample parking. Perfect for a user or investor PRICE: Sale: $595,000 ($107 per square foot) TERMS: Cash, new loan or seller carry CONTA CT BUILDING SIZE: 5,910 Square Feet (Yavapai County Assessor). 5,575 Square Feet of leasable space. John D. Miller Real Estate 1370 W Hwy 89A Suite 17 Sedona, AZ Jack (928) Jack@johndmiller.com BUILT: 2000 LAND AREA: 0.49 acres ZONING: C-1 Commercial PRO FORMA NET INCOME: $36,977 John (928) John@johndmiller.com T I T L E COMPA NY Lydia Reynolds Pioneer Title Agency 1370 West Hwy 89A Suite 10 Sedona, AZ (928) office (928) fax Lydia.reynolds@ptaaz.com The information contained herein has been obtained from sources deemed reliable, however, its accuracy is not guaranteed. Any prospective purchaser should independently verify any information upon which they would base a purchase decision.

3 E X E C U T I V E SU M M A RY (C O N T D) P A G E 3 UTILITIES AVAILABLE: Sewer - City of Cottonwood Water - City of Cottonwood Electric - APS Gas - Unisource Telephone - Quest TAX IDENTIFICATION: City of Cottonwood, Yavapai County D CONTA CT John D. Miller Real Estate 1370 W Hwy 89A Suite 17 Sedona, AZ Jack (928) Jack@johndmiller.com John (928) John@johndmiller.com TAXES 2014: $6,712 OTHER INFORMATION: LEASING / MANAGEMENT: RESOURCE CONTACTS: Title report Seller property disclosure statement Scott Anderson Commercial Properties, Inc. Financing: National Bank - Brad Wright (928) AZ State Credit Union - Ian Cribbs (928) Alliance Bank - Rob Gerlak (928) Wells Fargo - Allen Turner (928) Foothills Bank - Chris Blight (928) U.S. Bank - Hanna Norquist (480) City of Cottonwood: George Gerhart Community Development Director (928) Chamber of Commerce: Lana Tolleson President and CEO (928) General Contractors: Paul Millar Construction (928) Phil Morris Construction (928) The information contained herein has been obtained from sources deemed reliable, however, its accuracy is not guaranteed. Any prospective purchaser should independently verify any information upon which they would base a purchase decision.

4 J O H N D. M I L L E R R E A L E S T A T E P RO FO R M A P A G E 4

5 J O H N D. M I L L E R R E A L E S T A T E R E N T ROLL & EXPENSES P A G E 5

6 SITE J O H N D. M I L L E R R E A L E S T A T E C OT TO N WO O D MAP P A G E 6

7 J O H N D. M I L L E R R E A L E S T A T E A E R IA L MAP P A G E 7

8 ALTA Survey J O H N D. M I L L E R R E A L E S T A T E P L AT MAP P A G E 8

9 J O H N D. M I L L E R R E A L E S T A T E S I T E PLA N P A G E 9

10 J O H N D. M I L L E R R E A L E S T A T E Y AVA PA I COUNTY ZO N I N G P A G E 10

11 J O H N D. M I L L E R R E A L E S T A T E Z O N I N G (CO N T D) P A G E 11

12 V E R D E V A L L E Y A R E A P H O T O S A R E A DESCRIPTION P AGE 12 Mingus Mountain Jerome State Historic Park The Cottonwood/Verde Valley area is located geographically in the center of Arizona, approximately 110 miles North of Phoenix and 16 miles Southwest of Sedona. Cottonwood is bordered on the South, East, and West by high mountains, and on the North by mesas and buttes. Cottonwood is situated at an elevation of 3,300 feet. The City attracts residents with its blend of rural atmosphere and urban amenities, offering shopping, financial, and professional services against the picturesque backdrop of the Verde River. The first permanent settler in Cottonwood arrived in the area in The Verde River, which flows through the valley and the area s fertile soil drew more settlers to the area. In the early 1900 s, copper mining boomed on Mingus Mountain, above the Verde Valley, drawing miners from many different countries and cultures establishing a mining camp later named Jerome, Arizona. The mines eventually diminished leaving Jerome almost deserted, to be later repopulated. Outside Jerome, the Verde Valley grew and thrived. Cottonwood is one of several municipalities in Yavapai County, which is roughly the size of Massachusetts and larger then Connecticut, Delaware, Rhode Island, and New Jersey Just 15% of the county s 8,125 square miles are privately owned; the remaining 85% is divided among portions of three national forests (Prescott, Coconino, and Tonto), the Bureau of Land Management, the state of Arizona, and Native American reservations. The distinctive scenery and natural beauty of the Verde Valley attracts millions of visitors each year, many of whom decide to take up residence in the area. Tourism is one of the leading industries in the Cottonwood area, with visitors coming to see ruins of Native American dwellings at Tuzigoot National Monument and Montezuma Castle National Monument, as well as the famous red rocks of Sedona, the artists colony in historic Jerome, and various local fairs and festivals. Hang-gliding, hiking, casino gaming, and fishing are popular with residents and visitors alike, as are local museums and concerts. Cottonwood is known for its retail shops, ranging from quaint stores located in the Old Town area to large, modern shopping centers. The city is also home to two golf courses and a riverfront Ft. Verde State Historical Park Dead Horse State Park View of Cottonwood and the city limits.

13 V E R D E V A L L E Y A R E A P H O T O S A R E A DESCRIPTION (CONT D) P AGE 13 Tuzigoot National Park The distinctive scenery and natural beauty of the Verde Valley attracts millions of visitors each year, many of whom decide to take up residence in the area. Tourism is one of the leading industries in the Cottonwood area, with visitors coming to see ruins of Native American dwellings at Tuzigoot National Monument and Montezuma Castle National Monument, as well as the famous red rocks of Sedona, the artists colony in historic Jerome, and various local fairs and festivals. Hang-gliding, hiking, casino gaming, and fishing are popular with residents and visitors alike, as are local museums and concerts. Cottonwood is known for its retail shops, ranging from quaint stores located in the Old Town area to large, modern shopping centers. The city is also home to two golf courses and a riverfront park. Montezuma Castle Highway 260 links Cottonwood to Interstate 17, which runs North to Flagstaff and South to Phoenix. Highway 89A, which links Cottonwood with Sedona, is undergoing an extensive widening project. Completed in September of 2002, West Highway 89A is now a total of four lanes wide, and travel time between the cities has been cut to approximately 15 minutes. Additionally, the Mingus Bypass, which will connect West Highway 89A to Mingus Avenue, is located just three blocks north of Copperwood Square. The Mingus Bypass began construction in late 2003, and will be completed within 18 months. Interstate 40 also services Yavapai County, which runs east-west, linking the area to California, as well as to destinations in the Midwest and on the East Coast. Public transit is provided by the Cottonwood Area Transit System (EATS). The Cottonwood Municipal Airport provides public and commercial charter air service. Shuttles are also available to and from Phoenix Sky Harbor International Airport. From 1990 to 2004, Cottonwood s population increased by more than 65%, rising from 5,918 to 20,000. During the same period, the population of Yavapai County increased at nearly the same rate, rising from 107,714 to 167,517. By 2005, the county s population is expected to measure more than 176,000. Views in Cottonwood Cliff Castle Casino in Camp Verde Local antique store Aside from tourism, Yavapai County s principal industries are ranching, manufacturing, and mining. Cottonwood itself is home to 160 acres of industrial parks, while retail and professional services also play significant roles in the local economy. Verde Valley Medical Center, one of the premier healthcare facilities in Northern Arizona, is situated on 40 acres in Cottonwood. In 1999, the center witnessed the completion of a $25-million expansion; the 99-bed hospital now counts more than 600 professional and support staff, as well as 67 physicians representing 17 medical specialties. Other major employers in Cottonwood include Griffith Enterprises, Qwest, and Wal-Mart. The neighboring city of Clarkdale is home to Phoenix Cement Company, Mold-in Graphics, and CTI, among others. Residents are also within 16 miles of major employers in Sedona, such as hotels and resorts. Sedona s popularity with visitors has also prompted a surge in vacation home construction, which has supported additional jobs in the area. Today, Cottonwood is a friendly, fast-growing family community that has more than doubled in population in the past 20 years. From the red rocks of Sedona to Mingus Mountain, accessibility is at its peak in this simple, retirement community. The Verde Valley is also well known for its attraction of tourists from the historical Jerome and Old Town Cottonwood to the National and State Park and Indian Ruins. You may visit the following web addresses for detailed information at: City of Cottonwood

14 C O M PA N Y BIO P A G E 14 John D. Miller Real Estate Services, Inc. is a professional, full-service real estate company offering expertise in commercial real estate brokerage and development, business opportunity brokerage, land brokerage, general real estate consultation, regulatory and zoning consultation, commercial property management, and commercial leasing. John D. Miller established the firm in 1989 after nine successful years in the Texas commercial real estate market. John D. Miller Real Estate Services, Inc., is owned and operated with the philosophy that real estate service should be: Professional - Conducted with integrity and in accordance with the Code of Ethics and Standards of Practice established by the Arizona Department of Real Estate and our local Association of Realtors. Competent - Conveying a current and accurate knowledge of the local and national real estate markets, current events, and laws and regulations that affect real estate transactions. John D. Miller, Broker J O H N D. MI L L E R After graduating from the University of Texas at Austin with a degree in Finance and Business Administration, John was selected from 500 applicants to participate in the CB Richard Ellis 2-year national training program. The program was a pilot effort to intensively train new commercial real estate brokers in property management and leasing, mortgage brokerage, equity brokerage, development, appraisal services, construction, and institutional liaison services. After graduating from the program and during his first year in commercial brokerage, he received national recognition as the highest first year producer for the southern United States. John later participated in opening CB Commercial s San Antonio and Austin offices. After nine years in the Texas market and over $90,000,000 in sales, he relocated to Sedona in June of Jack McMahon, Commercial Specialist Since moving to Sedona, he has transacted over $120,000,000 in commercial brokerage business and has been involved in the development of commercial projects with an aggregate value of over $45,000,000. John also is responsible for the legal, financial, and political aspects of our development activities. He is founder of the Sedona Private Property Owners Association, which is involved in the protection of Sedona private property owners rights. J A C K MCM A H O N After graduating from Eastern Illinois University with a degree in Business Marketing, Jack relocated to Sedona, Arizona. He has a strong background in marketing and sales. M A R N DAV I S Marn Davis, Business Manager Marn Davis has been in the Verde Valley since She has been a business and accounting consultant for over 18 years. She currently focuses her organizational and financial skills on our company and our clients.