Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3250 Gateway Blvd, Unit 0204 Prescott, AZ 86303

    Sponsored
    For Lease
    $19 SF/Yr

    COMMERCIAL - Prescott, AZ

    Lot size:
    35.56 Acres
    Days on Market:
    23
    Last Refresh:
    Jan 29 at 9:06 am

    Property Features for 3250 Gateway Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting, Security
    Zoning
    BR
    Parking
    3000
    Interior features
    Fire/Smoke Detector, Security/Alarm
    Exterior features
    Drip System, Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Lot size
    35.56 Acres

    Utilities

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

    Building Details

    Year built
    2001
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Laminate, Carpet
    Building materials
    Block, Steel Frame, Stucco, Vanilla Shell
    Roof type
    Membrane, Asphalt

    We can help!

    Listing Contact
    Mark J Duncan
    Mark J Duncan

    Arizona Commercial LLC

    Listing agent Mark J Duncan (928) 899-5218

    Listing date Jan 7, 2026

    MLS# 1058454

    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.

    Learn more

    Property Insight Report

    Overview

    Modern Regional Shopping Center Space

    Pine Ridge Marketplace, constructed in 2001, is a regional shopping center featuring both an indoor traditional mall and an open-air outdoor lifestyle center. The indoor section encompasses approximately 133,000 square feet with 67 suites, including a food court with six suites. The outdoor lifestyle center provides approximately 192,000 square feet across 29 suites. Suite 0204, available for lease, is 1,980 square feet and is located on the exterior of the center. The property is situated on a 35.56-acre lot and hosts a mix of national, regional, and independent tenants, including Dillard's, Michael's, Mattress Firm, JCPenny, Famous Footwear, Chico's, Bath & Body Works, Espire Sports, and Spencer's. The property is zoned BR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Florian Florist Claire's Ear Piercing Service The Garden Event Center Event Venue Micro AZ Computer Repair Service Williams Eye Care ... Optometrist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Similar Places Nearby

    Pine Ridge Marketplace, The Shops at Prescott Gateway

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.409236
    Latitude
    34.548364

    Nearby Similar for Lease

    • $24 SF/Yr
      41,382 SF

      Medical Office Space Available

      Prime medical office space for sale or lease in Prescott.
      1100 Gail Gardner Way, Prescott, AZ 86305
      View Details
    • $18 SF/Yr
      50,965 SF

      Medical Office Building For Lease

      Medical office building for lease or sale in Prescott, AZ.
      3605 Ranch Dr, Prescott, AZ 86303
      View Details
    • $25 SF/Yr
      989,683 SF

      Restaurant Space in Pine Ridge

      Restaurant space with indoor and outdoor dining in Prescott.
      3250 Gateway Blvd, Prescott, AZ 86303
      View Details
    • $3,000 /Mo
      3,049 SF

      Turn-Key Commercial Space in Prescott

      Versatile commercial space near downtown Prescott, ready for immediate use.
      115 S Alto St, Prescott, AZ 86303
      View Details
    • $19 SF/Yr
      225,205 SF

      Renovated Flex Space For Lease

      Commercial flex space ideal for retail, office, showroom, and warehouse.
      1523 W Gurley St, Prescott, AZ 86305
      View Details
    • $20 SF/Yr
      9,148 SF

      Renovated Retail Space in Prescott

      Prime retail space available for lease in downtown Prescott.
      447 S Montezuma St, Prescott, AZ 86303
      View Details
    • $19 SF/Yr
      11,761 SF

      Medical/Professional Office Space Available

      Prime office space near hospital, suitable for medical or professional uses.
      1202 Willow Creek Rd, Prescott, AZ 86301
      View Details
    • $18 SF/Yr
      118,483 SF

      Montezuma Plaza Office Space

      Medical and commercial office space for lease in Prescott, AZ.
      730 N Montezuma St, Prescott, AZ 86301
      View Details
    • $1.00 SF/Yr
      12,632 SF

      Renovated Office Space in Prescott

      Varied office spaces available in renovated building with included utilities.
      637 W Hillside Ave, Prescott, AZ 86301
      View Details
    • $19 SF/Yr
      11,761 SF

      Medical/Professional Office Space Available

      Prime office space near hospital, suitable for medical or professional use.
      1202 Willow Creek Rd, Prescott, AZ 86301
      View Details
    • $19 SF/Yr
      11,761 SF

      Medical Office Building For Lease

      Prime medical office building near hospital, ready for immediate occupancy.
      1202 Willow Creek Rd, Prescott, AZ 86301
      View Details
    • $22 SF/Yr
      5,227 SF

      Medical Office in Prescott Lakes

      Medical office suite available in Prescott Lakes Commerce Center.
      1951 Commerce Center Cir, Prescott, AZ 86301
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in a multifaceted regional shopping center.
    Where is this shopping center located?
    The property is located at 3250 Gateway Blvd, Unit 0204 Prescott, AZ.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Modern regional shopping center built in 2001, combining an indoor mall and outdoor lifestyle center.; - Suite 0204 is 1,980 square feet located on the exterior of the center.; - Features a diverse tenant mix of national, regional, and independent retailers.
    (928) 899-5218
    Request Owner's contact information
    3250 Gateway Blvd, Unit 0204 Prescott, AZ 86303
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3250 Gateway Blvd, Unit 0204
    Prescott, AZ 86303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    3250 Gateway Blvd, Unit 0204 Prescott, AZ 86303
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mark J Duncan
    Mark J Duncan
    Real Estate License ID: SA655438000
    (928) 899-5218
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.