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    1260 Gail Gardner Way Unit #131, Prescott, AZ 86305

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    For Lease
    $24 SF/Yr $2,470/Mo (calc)

    COMMERCIAL - Prescott, AZ

    Type:Retail
    Property size:
    1,235 SF
    Lot size:
    7.64 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 5 at 10:06 am

    Property Features for 1260 Gail Gardner Way Unit #131

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    BG
    Security features
    Security
    Interior features
    Security/Alarm
    Exterior features
    Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    Lot size
    7.64 Acres

    Taxes and HOA fees

    Tax Description
    VILLAGE AT THE BOULDERS PRACEL 3 LOT A CONT 7.64AC SEC 29-14 -2W M&P 60/82-83

    Utilities

    Utilities
    Phone Available
    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Gas (Cooling)
    Water source
    Public

    Building Details

    Year built
    1998
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Vinyl
    Building materials
    Block, Frame, Stucco
    Roof type
    Rolled Hot Mop

    We can help!

    Listing Contact
    Raymond G. Zogob
    Raymond G. Zogob

    Listing agent Raymond G. Zogob License #SA553424000

    Listing office Better Homes And Gardens Real Estate Bloomtree Realty 102 W Gurley St #102, Phoenix, AZ

    Listing date Jun 1, 2026

    MLS# 1082595

    Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2 retail suites available in Village at the Boulders shopping center: Suite #125 (+/-1,235 SF) and Suite #131 (+/-1,079 SF)
    • Expansive storefront glass and front/rear access doors with an efficient open retail layout plus a dedicated back‑of‑house area
    • Each suite includes one ADA‑compliant restroom and accessibility features with an accessible approach ramp
    • Asking rent $24.00/sf/yr; estimated NNN expenses $4.05/sf/yr
    • Year built 1998; block/frame stucco construction with concrete and vinyl flooring
    • Heating includes electric and natural gas; cooling provided by gas cooling; phone service available; roof is rolled hot mop

    Overview

    Two retail storefront suites are available for immediate occupancy in the Village at the Boulders shopping center. Suite #125 is approximately 1,235 SF and Suite #131 is approximately 1,079 SF, each formerly occupied by financial or service tenants. The spaces feature an efficient open retail layout with abundant natural light from expansive storefront glass at the front of the premises. Each suite includes a dedicated back-of-house area separated from the main retail floor, front and rear access doors, and one ADA-compliant restroom.

    The center is shadow-anchored by Walmart and located within the Village at the Boulders neighborhood shopping environment in Prescott, Arizona. Ample on-site parking is provided directly in front of the building, supporting convenient customer access. The shopping center is also home to multiple national and regional retailers, including Starbucks, FedEx Office, Verizon, GameStop, and several local and specialty concepts.

    These suites are well suited for retail users seeking storefront-focused visibility and customer-friendly access, with a separate back-of-house area for day-to-day operations. Prominent storefront signage and strong sightlines across the front support tenant branding, while the front and rear doors help accommodate deliveries and staff workflow. The available layouts accommodate a range of retail service and product needs within a well-established neighborhood shopping center.
    Property Profile Location Intelligence

    Current Use by Public Records

    GameStop Electronics & Wireless Store SalonCentric (Bike/Boat/Book/etc) Store Allied Cash Advance Loan Service Pangaea Bakery Bakery JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Coin Cloud Bitcoin ATM — 843 Miller Valley Rd #104, Prescott, AZ 86301
    • Quick-Tag — Walmart Supercenter, 1280 Gail Gardner Way, Prescott, AZ 86305
    • Village at the Boulders — 1200 Gail Gardner Way, Prescott, AZ 86303
    • Coinstar Kiosk | Bitcoin ATM — Safeway, 1044 Willow Creek Rd, Prescott, AZ 86301
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Fry's Food Stores, 950 Fair St, Prescott, AZ 86305

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.487853
    Latitude
    34.564596

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    FAQs

    What type of property is this?
    Shopping center - Two immediately available storefront suites offer open retail space, back-of-house area, and ADA restroom with front and rear access.
    Where is this shopping center located?
    The property is located at 1260 Gail Gardner Way Unit #131 Prescott, AZ.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 2 retail suites available in Village at the Boulders shopping center: Suite #125 (+/-1,235 SF) and Suite #131 (+/-1,079 SF); Expansive storefront glass and front/rear access doors with an efficient open retail layout plus a dedicated back‑of‑house area; Each suite includes one ADA‑compliant restroom and accessibility features with an accessible approach ramp
    (619) 997-3329
    We can help!
    Listing Contact
    Raymond G. Zogob
    Raymond G. Zogob
    Real Estate License ID: SA553424000
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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