Prime Church / School Facility or Conversion Opportunity. Willow Hills Baptist Church, located in Prescott AZ, is a thriving religious community that recently purchase 19 acres of land 4 miles to the north and plans on building a larger campus to accommodate their growing community.
This church property is being offered for sale at $8,800,000 or $240/sf which is supported by a recent appraisal. Situated on 9.63 acres of SF-12 MH zoned land, the campus is located atop a hillside, which offers unobstructed, panoramic views Granite Mountain to the West and the San Francisco Peaks to the North. There is also good visibility to the +/-33,000 vehicles traversing Willow Lake Road.
Great On-site parking can accommodate over 200 parking spaces with additional parking available via a graveled lot next to the sports field on the north side of the campus.
The church and school property is comprised of four separate and adjacent buildings which total +/-36,671 sf.
The property is currently occupied by both Baptist Church and Trinity Christian School (K-12) who is an unrelated party on a month-to-month lease at a discounted lease rate due to their common faith and mission, despite being unrelated parties. The shared church and school use is harmonious due to the school operations being primarily limited to Buildings B, C, and D, which are minimally used by the church during school hours. Trinity School is paying $5,475/mo. during August – May and $4,310/mo. for June & July, in addition to paying 90% of the utilities for Building D and 20% of the utilities for Buildings A, B and C. The total area leased by the Trinity School is +/-23,000 sf.
The owner is willing to lease back the property for a period of up to 24 months while their new campus gets completed, however the owner may be able to relocate their operations in another facility based on agreed upon terms and conditions between the parties.
Strategically located in north Prescott with great accessibility to both Chino Valley to the north and Prescott Valley to the east, this area enjoys robust submarket demographics. Proximity to local neighborhood shopping centers which are anchored by major retailers enhances this property’s appeal. In addition, there are several new housing developments under construction to the north and east of this property which supports the growing demographics of this market and provides for a strong owner user or repositioning opportunity in a thriving commercial hub.
