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Build-to-Suit Retail Space
For Lease
$32 SF/Yr

201 S Cortez Street, Prescott, AZ 86303

Commercial Lease, Prescott, AZ

Space SizeContact for details
Lot Size0.60 Acres
Days on Market242

Property Features for 201 S Cortez Street

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Zoning DTB
Security features Security, Security Lighting
Interior features Ceiling Fan(s), Elevator(s), Fire/Smoke Detector, Security/Alarm
Exterior features Drip System, Handicap Access
Accessibility Accessible Elevator Installed, Accessible Approach with Ramp
Subdivision Prescott Original Township
Lot features Sprinklers In Front, Landscaped
Directions Traveling West on Gurley Street, turn South on Cortez Street. Property is on the SE corner of Goodwin and Cortez Street.
Standard status Active
Lot size 0.60 Acres

Taxes and HOA fees

Tax Year 2027
Tax Description PRESCOTT LOTS 2 4 6 BLK 21 & THE N2 LOT 8 BLK 21
Tax Annual Amount 30000
Legal Description PRESCOTT LOTS 2 4 6 BLK 21 & THE N2 LOT 8 BLK 21

Utilities

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

Building Details

Year built 2027
Floors in Building 4
Number of units 2
Building materials Build to Suit, Floor Plans, Permits Drawn, Work in Progress
Roof type Membrane, Rolled Hot Mop
Listing Agency: Arizona Commercial
Listed By: Matthew Fish · License #BR626105000
Added: Dec 30, 2025 Changed: Aug 29 Last Checked: Aug 29 at 10:06AM
MLS# 1078458

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.

Investment Insights

Based on property information with market context.

This retail offering is part of an under-construction development at 201 S. Cortez Street, with completion identified for 2027. The space can be configured as one larger suite or divided into two smaller storefronts, with plans available to guide space planning and build-to-suit requirements. Permits have been drawn, and the project includes contemporary infrastructure, an elevator, central air, natural gas and electric heating, fire and security systems, and accessible entry features.

The property occupies a 0.6-acre site in Prescott’s downtown area near the Courthouse Square, dining, shopping, streets, and courtyards. DTB zoning is identified for the property. Public water and phone service are available, while the roof system includes rolled hot mop and membrane materials.

Key Highlights

  • Retail space configurable as one large suite or two smaller storefronts
  • Build‑to‑suit construction with permits drawn and floor plans available
  • Under construction with 2027 completion identified

Property Analytics

Current Use

Prescott Geographic Info ... City Government Office Carvana Prescott Car Dealership Murphy's Restaurant Restaurant City of Prescott City Hall Prescott Risk Management City Government Office

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Barber Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,896
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 32% Hotels & Casinos 5%
Chase Bank Shops & Services
5,350 visits/mo 0.2 miles
Rosati's Chicago Pizza Dining
3,658 visits/mo 0.3 miles
The UPS Store Shops & Services
3,349 visits/mo 0.2 miles
Parlor Doughnuts Dining
1,412 visits/mo 0.2 miles
Automax Prescott Shops & Services
1,215 visits/mo 0.2 miles

Demographics for 86303, AZ

18,201
Population
12,255
Households
1.5
Avg Household Size
61
Median Age
41%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
170
Density / Sq Mi
$68,656
Median Household Income
$44,428
Median Earnings
$1,309
Median Rent
$502,400
Median Home Value

Market

Lease Benchmarks for Prescott, AZ

$19.41 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
1,672 SF
Avg Space Size

This space is priced 65% above the average of $19.41 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible plans support one larger suite or two smaller retail configurations.
Where is this retail space located?
The property is located at 201 S Cortez Street Prescott, AZ.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Retail space configurable as one large suite or two smaller storefronts; Build‑to‑suit construction with permits drawn and floor plans available; Under construction with 2027 completion identified
More about this property
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