Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Shopping Center Restaurant Space Title is generated by Realmo AI

    3250 Gateway Blvd. Suite 0516, Prescott, AZ 86303

    View on Map
    Claim this Listing
    For Lease
    $25 SF/Yr

    COMMERCIAL - Prescott, AZ

    Lot size:
    35.56 Acres
    Added:
    Sep 1, 2023
    Days on Market:
    982
    Last Refresh:
    May 9 at 1:06 pm

    Property Features for 3250 Gateway Blvd. Suite 0516

    General Information

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

    Taxes and HOA fees

    Tax Description
    AN IRREGULAR PARCEL LYING IN THE SW4, NORTH PARCEL CORNER APPROX 145 FT SOUTH & 1316 FT EAST OF THE W4 CORNER OF SECTION

    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
    Carpet, Tile, Laminate
    Building materials
    Block, Steel Frame, Stucco, Vanilla Shell
    Roof type
    Membrane, Asphalt

    We can help!

    Listing Contact
    Matthew Fish
    Matthew Fish

    Listing agent Matthew Fish License #BR626105000

    Listing office Arizona Commercial 122 N. Cortez St. Suite #300, Phoenix, AZ

    Listing date Sep 1, 2023

    MLS# 1059086

    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

    • Restaurant‑ready suite (0516) with fully equipped kitchen and bar.
    • High‑traffic location in a multifaceted regional shopping center.
    • Located on an outdoor corner with high visibility.
    • Part of a well‑established center with national, regional, and independent tenants.
    • Includes both indoor (traditional mall) and outdoor (lifestyle center) spaces.
    • Built in 2001 with modern amenities, handicap access, and security features.

    Overview

    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 with 29 suites. Suite 0516, located on the outdoor corner, offers 6,864 square feet of restaurant space with a fully equipped kitchen and bar. The property accommodates a mix of national, regional, and independent tenants, including retailers and service providers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Florian (Bike/Boat/Book/etc) Store Claire's Tattoo & Piercing Shop The Garden Event Center Hotel & Motel Micro AZ Computer & Electronic Repair Williams Eye Care ... Physician

    Suggested Use

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

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

    Similar Places Nearby

    • Pine Ridge Marketplace — 3250 Gateway Blvd, Prescott, AZ 86303
    • The Shops at Prescott Gateway — 254 N Lee Blvd, Prescott, AZ 86303

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.408539
    Latitude
    34.548197

    Nearby Similar for Lease

    • $20 SF/Yr

      Professional Medical/Office Space For Lease

      Commercial suite available for lease near Dignity Health YRMC.
      1670 Willow Creek Road, Suite A, Prescott, AZ 86301
      View Details
    • $28 SF/Yr

      Downtown Prescott Retail Space

      Prime retail space in vibrant downtown Prescott with high visibility.
      220 W Goodwin Street, Suite 103, Prescott, AZ 86303
      View Details
    • $20 SF/Yr

      Professional Office Building For Lease

      Medical or professional office building for lease in Prescott, AZ.
      1620 Willow Creek Road, Prescott, AZ 86301
      View Details
    • $26 SF/Yr

      Prime Prescott Commercial Space Available

      Move-in ready commercial space in the heart of Prescott.
      122 N Cortez St Suite 101, Prescott, AZ 86301
      View Details
    • $11 SF/Yr

      Versatile Flex Space in Prescott

      5,000 SF flex space ideal for various business types.
      222 1/2 S Montezuma Street, Prescott, AZ 86303
      View Details
    • $28 SF/Yr

      Professional Office Space Available

      Well-located office suite with included utilities and amenities for lease.
      260 Sam Hill Alley, Prescott, AZ 86301
      View Details
    • $22 SF/Yr

      Medical Office Space Available

      Medical office space for rent in Prescott Lakes Commerce Center.
      1951 Commerce Center Circle, Prescott, AZ 86301
      View Details
    • $26 SF/Yr

      Downtown Prescott Office Suite

      Professional office suite for lease in downtown Prescott, Arizona.
      325 W Gurley Street, Prescott, AZ 86301
      View Details
    • $1,850/Mo

      Historic Prescott Office Suite

      Two-room executive suite in historic downtown Prescott building.
      125 E Gurley St. Suite 150, Prescott, AZ 86303
      View Details
    • $21 SF/Yr

      Commercial Spaces in Prescott, Arizona

      Two commercial spaces for lease near downtown Prescott.
      334 S Montezuma St. Suites B & C, Prescott, AZ 86303
      View Details
    • $24 SF/Yr

      Commercial Space Near Downtown Prescott

      Two commercial spaces for lease near downtown Prescott, Arizona.
      334 S Montezuma St. Suite B, Prescott, AZ 86303
      View Details
    • $18 SF/Yr

      Commercial Space Near Downtown Prescott

      Two commercial spaces for lease near downtown Prescott.
      334 S Montezuma St. Suite C, Prescott, AZ 86303
      View Details

    FAQs

    What type of property is this?
    Shopping center - Restaurant space available in a regional shopping center.
    Where is this shopping center located?
    The property is located at 3250 Gateway Blvd. Suite 0516 Prescott, AZ.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Restaurant‑ready suite (0516) with **fully equipped kitchen and bar.**; **High‑traffic location** in a multifaceted regional shopping center.; Located on an outdoor corner with **high visibility.**
    (480) 309-1089
    We can help!
    Listing Contact
    Matthew Fish
    Matthew Fish
    Real Estate License ID: BR626105000
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    3250 Gateway Blvd., Suite 0516, Prescott, AZ 86303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!