Ferguson Industrial Building – Prescott, AZ

The Crosswind Industrial Building is a 43,272 square foot industrial warehouse constructed in 1992 and located in Prescott, AZ. It is positioned in close proximity to State Road 89A at the Airpark in Prescott, an area with low vacancy and a thriving business corridor. The property was purchased vacant and well below replacement cost with substantial room to force appreciation. During our due diligence period we began working with Ferguson Enterprises Inc who leased 66% of the building after closing and have since brought the property to 100% occupancy. The property provides a tremendous monthly cash flow.